The use of cryptocurrencies is evolving globally, says the first global cryptocurrency report by the Cambridge Centre for Alternative Finance. The report titled The Global Cryptocurrency Benchmarking Study, presents a systematic and comprehensive picture of a rapidly evolving industry, illustrating how cryptocurrencies are being used, stored, transacted and mined. “Cryptocurrencies such as bitcoin have been seen by some as merely passing fad or insignificant, but that view is increasingly at odds with the data we are observing,” says co-author Dr Garrick Hileman.
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