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Experts Discuss Major Aspects of Blockchain in ‘ALL IN BLOCKCHAIN’ Congress

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 • The usage of cryptocurrency will increase exponentially, and major countries will eventually turn to them. 

 • Choosing a reliable wallet provider should be a priority while creating a wallet. 

 • Blockchain technology is still in its nascent stage and has so much more to offer.

The first few months have been nothing short of revolutionary for the cryptocurrency and blockchain ecosystem. Cryptocurrency is currently considered an important investment tool and is highly favored by institutions and common investors. This year the much anticipated – ‘ALL IN BLOCKCHAIN’ congress took place online. Every year the ALL IN BLOCKCHAIN conference takes place with a single aim of propagating crypto. Many profound experts of the industry participate where they answer the questions of the common people. 

Cryptocurrency Have a Great Amount of Popularity in our Daily Lives

Speaking on the track “Bitcoin and Blockchain Revolution in Global Finance” at the ‘ALL IN BLOCKCHAIN’ congress, Journalist Writer Erkan Öz said that the popularity of cryptocurrency in our daily lives has become inevitable. He says that currently the paper and coins all over the world are valued at $6.6 trillion. Whereas when we look at cryptocurrency, it is only $7 million. However, with the current pace of its development, cryptocurrency usage will increase exponentially, and major countries will eventually turn to them. 

The Revolutionary Technology of Blockchain Will be Soon Embraced by Institutions and Countries

Security is essential for cryptocurrency users. Millions are lost every year over the careless mistake of saving passwords and private keys. Hakkı Pehlivan, the founder of Bitcoincuzdanim, explained security in terms of cryptocurrency in the session titled – “Cryptocurrency Wallets – How to Keep Crypto Assets Safely?”. He explained how there are different types of wallets, and each of them is kept safe using a 24-word long password. Choosing a reliable wallet provider should be a priority while creating a wallet for yourself. Crypto wallets are fairly easy to use, added Pehlivan, keeping the 24-word long password must be kept safe away from the digital environment. 

Meral Şengöz, Foreign Trade Finance, and Digital Foreign Trade Applications Consultant explained how central banks launch their digital currencies. Most of the experts who spoke in the congress pondered that blockchain technology is still in its nascent stage and has so much more to offer. The world needs to adapt to this technology and utilize it on a large scale. Journalist and writer Cüneyt Başaran explained the need for blockchain to cope up with difficult foreign markets. 

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