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Posted by Deb Williams - Editor on June 27, 2020 - 6:38am Edited 6/27 at 9:24pm


The future of finance is being redefined as cryptocurrency is becoming a thriving ecosystem, quietly encroaching on the territory of traditional finance institutions’. 

Over the last five years, Bitcoin users and transactions have averaged a growth rate of nearly 60% per year. Similarly, private and public investors have deepened their commitment to cryptocurrencies including Ethereum, Ripple (XRP), Stellar, and the upcoming Markethive Coin (MHV) along with a number of other cryptos across different sectors of the industry.

We are most definitely heading towards decentralized communities. Countries all over the world are taking notice of cryptocurrencies, particularly the countries that have suffered hyperinflation. One prime example is that of Venezuela, where inflation soared, trust in the national government policy, and currency plummeted led to a rise in the interest of cryptocurrencies.


Cryptography Begets Cryptocurrency

Cryptocurrency has erupted into a $200 billion industry, sparking a wave of what is seen as a global disruption, however, in many ways a savior in this world of oppression and the autocratic system that society has been subject to. 

There is a rich history of innovation at the heart of cryptocurrency and blockchain. One of the core elements being cryptography and dates back to ancient times of nearly 4000 years ago in Egyptian and Mesopotamian writings only to enhance its linguistic appeal. 

Cryptography has been used throughout the course of history and evolved into being used to protect sensitive information with analog cryptography used in WW2. The science of cryptography continued to advance progressively throughout the centuries. It’s come a long way since then and as long as there is a need to protect sensitive data cryptography will continue to advance. 

Beginning in 1990, an entirely new form of cryptography, dubbed quantum cryptography, was under development by computer scientists hoping to once again elevate the level of protection offered by modern encryption.

Then came cryptographic techniques used to make cryptocurrencies possible. Cryptocurrencies leverage several advanced cryptographic techniques, including hash functions, public-key cryptography, and digital signatures. These techniques are used primarily to ensure the security of data stored on blockchains and to authenticate transactions.



Since then, a series of key events have continued to shape the sector

Year     Event

2009    Satoshi Nakamoto mines the first Bitcoin on a decentralized network

2011    Litecoin launches

2012    Ripple is founded

2013    The price of a single Bitcoin reaches $1,000

2015    Ethereum launches, introducing smart contracts into the crypto ecosystem

2017    Over 1,000 cryptocurrencies listed

2017    Bitcoin's price rockets past $10,000, reaching a peak just shy of $20,000

2018    EOS offers a blockchain-based infrastructure for decentralized apps (DApps)

 2019    Markethive, the first Blockchain-based Market Network introduces crypto coin (MHV)                 


Now, there are over 5,000 cryptocurrencies in circulation, some will stagnate and peter out and others will soar as they are built on innovative applications and have real use-cases giving rise to a rapidly evolving ecosystem.


The infographic below displays a cross-section of cryptocurrencies, stakeholders, and core applications across a sector that’s continuing to grow more important as we see the economic climate change dramatically.


Setting The Stage For The Bigger Picture

As cryptocurrency and blockchain technology continues to gain momentum, its longer-term ramifications will be a focal point. Essentially, its cryptographic foundation sets the stage for future developments in a financial economy.

  • Privacy

Anonymized transactions protect users’ data through cryptographic techniques.

  • Access

Providing a new financial model for 1.7B unbanked individuals around the world.

  • Efficiency

Steep reductions in settlement time and efficacy could save consumers $16 billion annually.

  • Security

Providing immutable, traceable records of security-rich transactional networks.

  • Programmable Money

Smart contracts could drastically eliminate manual and administrative work⁠, ultimately bypassing them altogether.


The Practical Advantages Of Cryptocurrencies

The cryptocurrencies of today go beyond just replacing cash. This new token-based economy is evolving, with unique solutions emerging in finance, security, identification, social engagement, the marketplace, digital media, and ownership. Cryptocurrencies are adding both value and utility to the digital economy, and to the global financial market as a whole.

  • Payments

Digital cash can be used for both ecommerce and brick-and-mortar retailers for purchasing goods without the need for a trusted third party. 

  • Store of value

A new form of scarce native currency and a means of settlement.

  • Global Transactions

Borderless money that enables easy conversion between currencies.

  • Stablecoins

Crypto version of fiat which is tied to the value of resources like gold or the U.S. dollar.

  • Digital ownership

Digital handling, storage, and monetization of data.

  • Alternative finance

Digital assets such as collectibles, commodities, and tokenized securities

  • Decentralized utilities

Crypto-enabled networks, products, and services that exchange between assets.


Four Projects Set To Rock The Landscape

Cryptocurrency and blockchain offer cutting-edge advances that are diverse and transformative. These are just a few of the ways cryptocurrencies are breaking down barriers for people and companies worldwide, allowing them to grow personal wealth and enter the global market.

SPEDN auto-converts crypto to fiat for merchants, reducing exchange rate risk while offering convenient customer payment options. SPEDN makes it possible to spend Bitcoin and other cryptocurrencies without needing to cash out to fiat currency or load a plastic card.
 SPEDN currently supports Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), the Gemini dollar (GUSD), and Zcash (ZEC), with many more coins coming soon.


ECOSC is a Malta-based company and has designed a platform using blockchain technology to embrace the oil and gas minerals and all products for trade. It is a global, decentralized supply chain management solution that aligns stakeholders, vendors, and buyers with the strategic management of supply and demand outcomes with cryptocurrency assets. 

ECOSC will reduce the risk of human error, counterfeiting, and fraud. It means less time will be spent processing documents and reconciling, which will increase the transaction process speed.


Blockchain Foundry provides custom blockchain consulting, development, and integration solutions that help leverage blockchain technologies. This firm targets governments and enterprises in need of customized blockchain solutions. 

Blockchain Foundry’s mission is to disrupt markets by leveraging the potential of blockchain technology. It eliminates middlemen, clearinghouses, and other mechanisms that can lead to errors, security breaches, or negatively affect your bottom line.


MARKETHIVE Market Network incorporates social media, digital media, ecommerce, ewallet, and inbound marketing that enables entrepreneurs, business professionals, commercial artists, etc, to utilize a blockchain-driven state of the art platform that encompasses every aspect of inbound marketing and social media engagement where it rewards all users’ activity with MHV and allowing all users’ to prosper on many levels. 

With the ability to take advantage of the many cottage industries within the ecosystem brings financial sovereignty, privacy, autonomy to every individual with a genuine opportunity to be in control of your future with peace of mind and set to champion the social media and internet marketing industry. 


The Blockchain Crypto Industry Is Expanding 

Worldwide, the numbers show that blockchain-based technology and cryptocurrency use is growing. Blockchain wallet users rose from nearly 9 million in 2016 to over 47 million recorded in March 2020.

Only 100 decentralized apps (DApps) were produced by developers in 2015. with that number skyrocketing to over 3,118 by 2020.

Overall, cryptocurrencies are helping to create an innovative and accessible financial system around the world giving back freedom and autonomy to the community at large. 


“Cryptocurrency deserves an opportunity to find a sustainable future in our economy.”
                                                                                     Adena Friedman, President & CEO of NASDAQ


While the future of the new cryptocurrency economy is still taking shape, one thing is for sure, cryptocurrencies are infinitely changing the way we view and measure the value of money.

Grounded in decentralized and autonomous systems, cryptocurrencies are having an unprecedented effect in the financial world. Ultimately, cryptocurrencies will help to transform finance as we know it, delivering a slew of investment opportunities across the global economy and a more secure, autonomous way to engage and conduct business online. 



ecosystem for entrepreneurs



Deb Williams
A Crypto/Blockchain enthusiast and a strong advocate for technology, progress, and freedom of speech. I embrace "change" with a passion and my purpose in life is to help people understand, accept, and move forward with enthusiasm to achieve their goals. 



Bastiaan Pleijzier Great Article
June 27, 2020 at 6:54am
Dan Seaman I am always impressed with your writing. Markethive is truely blessed!
June 27, 2020 at 11:16am
Tim Moseley Fantastic post Deb. Very informative and makes me want to learn all I can about the wonderful world of crypto.
June 27, 2020 at 12:23pm
andrei68 Yarushin Thanks Deb for the good info.
June 27, 2020 at 4:46pm
Francis Maina Great info Deb, thanks
June 27, 2020 at 4:54pm
iamrrr.com awesome...
June 27, 2020 at 9:23pm
Richard Hoyt Great work Deb
June 27, 2020 at 11:14pm
Don Kepple We are the future. Crypto and blockchain are here to stay, and Markethive is on top of it's game in getting ahead. Thanks Deb for another amazing post.
June 28, 2020 at 12:22am
Jan Smith Another great article Deb. Thank you for your dedication and wonderful writing skills
June 28, 2020 at 4:54am
andrei68 Yarushin Thank you very much.
June 28, 2020 at 6:44am
Saidu Sesay For sure markethive will be at the top. Thank you very much.
June 28, 2020 at 8:03am
Simon Keighley Transacting cryptocurrencies over a secure decentralised blockchain is quietly taking over traditional finance; cutting out the middleman and saving those facing oppression and hyperinflation. The MHV Coin is set to revolutionize the inbound/network marketing space. Superb explanation of cryptocurrencies Deb, thank you.
June 28, 2020 at 8:48am
Scott Worswick Good information, it certainly seems that cryptocurrencies are here to stay.
June 28, 2020 at 1:02pm
Kevin Jacobson Great article, Deb. Cryptocurrency is finally gaining its stronghold. In the not-too-distant future mhv will be one of the top cryptocurrencies in the market.
June 28, 2020 at 5:10pm
June 28, 2020 at 6:36pm
Ronald Tate Great article Deb
June 28, 2020 at 7:45pm
Louis Harvey Thanks again Deb, Your information is continuing to provide the community, and others valuable knowledge to make and learn more about the world of cryptocurrency.
June 28, 2020 at 9:15pm
Charles Phillips Thanks Deb. Your articles always deliver additional understanding and perspectives about the topics you write about.
June 28, 2020 at 11:18pm
Health and Safety STEFY Great work, very well explained thank you Deb
June 29, 2020 at 7:29am
Cheryl Majeski There is so much to learn about cryptocurrency and blockchain technology in today's ever changing world and Markethive can definitely be one of the leaders when it comes to educating the general public on how this will affect our daily lives, both in the present and future. MHV is probably the first introduction for many into the world of cryptocurrency. Thanks for sharing this great post, Deb!
June 29, 2020 at 11:34am
Mike Thompson Cryptocurrency, the wave of the future
June 29, 2020 at 9:17pm
Joseph Stasaitis Really enjoyed the article. Great info
June 30, 2020 at 1:12pm
tatana Tatiana Yarushina Great blog, thanks.
June 30, 2020 at 4:03pm
July 1, 2020 at 1:59am
Ayesha Mirza nice article
July 3, 2020 at 7:57am
andrei68 Yarushin Good afternoon. Thanks Deb. Good info.
July 4, 2020 at 7:02am
tatana Tatiana Yarushina Great work Deb, thanks
July 4, 2020 at 7:04am
Jonathan Norris great info
July 4, 2020 at 9:57pm
Mack Shead Jr Excellent article Deb as always
July 5, 2020 at 2:51am
tatana Tatiana Yarushina Really enjoyed the article. Great info
July 5, 2020 at 5:36am
SUNDAY DAVID Great write up
July 5, 2020 at 3:34pm
Rick Gold very nice thanks :)
July 5, 2020 at 11:26pm
andrei68 Yarushin Good afternoon thanks.
July 6, 2020 at 6:50am
July 7, 2020 at 7:11am
Linkson Zulu Good article
July 9, 2020 at 2:37pm
Jonathan Norris ths for info
July 10, 2020 at 3:45pm
July 10, 2020 at 3:52pm
Jan Smith Wow. I didn't know there were so many types of crypto coin.
July 12, 2020 at 7:24pm
Ofili Emmanuel Great article
July 15, 2020 at 2:49am
tatana Tatiana Yarushina Really enjoyed the article. Great info
July 19, 2020 at 6:11pm
Jonathan Norris great share
July 19, 2020 at 8:03pm
Opeoluwa Akinwumi Crypto has changed many lives and also the way we value money.
July 26, 2020 at 6:13am
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