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The cryptocurrency industry has grown tremendously in recent years, gaining interest from investors all over the world.
Yet, if you have no idea what cryptocurrency is and how blockchain technology works, you’re not alone!
In part one of this two-part miniseries, Kyle Malmstrom speaks with Matt Hougan, Chief Investment Officer at Bitwise Asset Management, the world’s largest crypto index fund manager. Matt dives into the basics of cryptocurrencies and blockchain, their applications, and how they can continue to disrupt the financial industry.
Matt discusses:
- How cryptocurrency enables much faster transactions compared to traditional banks
- Why a blockchain is deemed as the world’s most secure database
- The concepts of decentralized databases and cryptography — and their benefits for crypto investors
- What the future for financial services could look like with cryptocurrency
- And more
Related: Tapping Into the Emergence of Blockchain Technology