RATE Group | Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests
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Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests

11 Aug Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests

Posted at 05:17h in Bitcoin News by

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Bitcoin and other cryptocurrencies will dramatically increase the effectiveness of the financial industry. Bitcoin is an efficient alternative in countries with unstable economies, according to a study recently published by Infiniti Research.

Cryptocurrencies Impact the Financial Industry

The rate at which research reports about Bitcoin 00 and other cryptocurrencies are being published is increasing. The latest piece of research comes from Infiniti Research, a provider of market intelligence, entitled “Top 4 Types of Digital Currency and Their Impact on The Financial Industry.”


The research study concludes that although cryptocurrencies are not yet widely accepted, they are already impacting international finances by making cross-border transactions easier. As a result, researchers expect that foreign exchange costs will be substantially cheaper in the future.

Furthermore, by using blockchain technology, digital currency transactions are settled in real time, thus saving…

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