Every day there is more news as to what can, may, and may happen in the world of Crypto Stock markets (CC’s) and Blockchain. There’s been significant investment, research, and lots of chit chat, but the coins and the projects are still not mainstream. They have not yet delivered the forceful changes imagined. Many ideas are increasingly being discussed and developed, but none have delivered big game-changing results. What may be needed is for big industry players, like IBM, Microsof company, and the large financial services firms to continue forging ahead in developing useful Blockchain applications — ones that the world can not live without.

Financial services are a ready target for Blockchain projects because today’s banking systems are still based on archaic ideas which have been consistently and painfully digitized, and because these systems are archaic, they are expensive to maintain and operate. Banks almost have reasonable to charge the high service fees they do — their systems are not efficient. These systems have many layers of a tautology data, as everyone involved with a transaction has to have their version of the transaction details. Crypto insiders And then there is the business of ensuring that there is a dependable alternative party to clear all these transactions — requiring even more versions of the same data. Blockchain technology holds out the promise of addressing these issues, as each transaction will be captured in just ONE block on the archipelago, and because it is a distributed database, security and integrity is built-in and assured. It might take some time to build up trust in these new systems, given that the verifiers of Blockchain transactions are not the traditional clearing houses that banks use and trust today. Trust by the banks in a new technology will take time, and even more time will be needed for that trust to trickle down to consumers.

Another company that may soon be ready to give CC’s and Blockchain a big boost is Amazon. It looks like Amazon is getting ready to launch their very own crypto currency. This is a company with revenues the size of a good-sized country, and they are in a position to issue be sure you expression that has to be fully convertible with other CC’s, and fiat stock markets too.