Growth of Blockchain Provides Financial Services for Underserved Markets
NetworkNewsWire Editorial Coverage: The growing popularity of cryptocurrencies has led to a surge in payment systems built on the blockchain technological revolution. Blockchain-based payments, which can be transacted directly between parties without bank involvement, allow those underserved by banks to access electronic payment. These blockchain-based payment systems are growing in popularity and prestige, with celebrity endorsements and appearances on the high street. They allow consumers to make fast payments and businesses to reduce payment processing fees. The growing mainstream popularity of blockchain-based payments is reflected in a recent TV advertisement by SinglePoint, Inc. (OTCQB: SING) (SING Profile) for its cryptocurrency…
