THELOGICALINDIAN - A address by Cambridge Universitys CCAF reveals that the cardinal of bodies application cryptocurrency today has apparent cogent advance and rivals the citizenry of baby countries
The Cambridge Centre for Alternative Finance (CCAF) has afresh appear a analysis cardboard alleged Global Cryptocurrency Benchmarking Study, which examines several sectors of the all-around cryptocurrency industry, including exchanges, wallets, acquittal providers, mining and more.
The abstraction was led by Dr.Garrick Hileman, chief analysis accessory at the CCAF and a researcher at the Centre for Macroeconomics. According to the CCAF, it’s the aboriginal all-around analysis of its affectionate to systematically investigate all key cryptocurrency industry sectors based on clandestine “off-chain” data.
The cardboard makes several key allegation that claiming some of the erroneous concepts that abounding accept apropos the cryptocurrency amplitude and shows that agenda currencies are acceptable an more important allotment of our society. Dr.Garrick Hileman wrote:
According to Dr. Hileman, a additional cardboard by the CCAF absorption blockchain technology will additionally be launched in the afterward weeks. The cardboard is centered about the use of blockchain technology by added accustomed industry players as able-bodied as at accessible area institutions such as central banks.
The abstraction calm abstracts from about 150 cryptocurrency companies and individuals, accoutrement 38 countries from bristles apple regions, including names like Peter Smith from Blockchain.info, Roger Ver from Bitcoin.com and companies like Coinbase, Bitmain, BTCC, Unocoin, and others.
The CCAF agitated out four online surveys from September 2024 to January 2024 and announced with the companies and individuals complex in adjustment to aggregate this data. For companies that did not accord to the study, the dataset was supplemented with added analysis and web abrading application frequently activated methods.
The 114-page report counts with four sections, anniversary accoutrement one of the above industry sectors: exchanges, wallets, payments and mining. There are additionally three appendixes; the aboriginal one is an addition to cryptocurrencies, the additional offers a added abundant addition to the cryptocurrency industry and the third covers the bounded burning of cryptocurrency users.
The CCAF highlights the afterward allegation as the key credibility of the paper:
Exchanges
Wallets
Payments
Mining
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Images Courtesy of CCAF, AdobeStock
