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Market is Expected to Reach $84 Billion by 2024

Dublin, May 17, 2018 (GLOBE NEWSWIRE) — The “Crypto Currency and Cyber Currency: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024” report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com’s offering.

The worldwide Crypto-Currency market at $1.9 billion market in 2017, and is expected to reach $84 billion by 2024.

Worldwide markets are poised to achieve continuing growth as the advantages of digital currency move away from the drug dealers and the criminals to mainstream activities like supply chain management and IoT communications. Cyber currency is useful for marketing and branding.

The value of Bitcoin is very volatile. The number of payments that can be handled is low. So why does the cyber-currency hold attractions and have a high market cap? The reason is people can use it to move money around anomalously. This has value for some people. The cyber-currencies are expected to further evolve lowering the cost of bank settlements and giving people access to inexpensive worldwide payments systems.

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Bitcoin does face scaling issues that will need to be resolved for its longer-term viability – specifically, transaction processing costs, speed, and energy requirements will need to be addressed.

Key Topics Covered:

1. Cryptocurrency: Market Description and Market Dynamics
1.1 The Myth Persists

  • What Will a Stable Cyber Currency Look Like?
  • Crypto Currencies With A Fixed Supply Are Inherently Too Volatile To Be Useful
  • Crypto Currency Theft Is Irreversible
  • Crypto-Currencies Represent A New Way Of Managing Transactions Locally Or Within A Fixed System

1.2 Volatility of The Value Of Crypto-Currencies
1.3 IBM and Central Banks
1.4 Cryptographically Secure Tokens

  • IBM’s Work With Assets Issued On A Blockchain
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2. Cybercurrency Market Shares and Forecasts
2.1 Using Cyber Currency

  • How Credit Cards are Different from Crypto Currency
  • Visa and American Express
  • Money Can Become Decentralized
  • Cybercurrency Thefts

2.2 Crypto-Currency Market Shares

  • In 2016, Bitcoin Doubled in Price
  • Ethereum Platform and Ether…

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