Crypto payments: the gateway to mainstream adoption

Written by Kate Baucherel author of ‘Getting Started with Cryptocurrency’

The Bitcoin blockchain gave us the first ‘honest ledger’ of value movement. By creating a reliable method of executing decentralised peer to peer payments, Satoshi Nakamoto laid the foundations of the huge variety of applications we see today. And, although the value that moves around the ledger now takes many forms, digital payments are still at the very heart of the matter and represent the most mature and rapidly growing use cases. Realising the potential of crypto assets and blockchain requires mainstream understanding and adoption among business decision makers and the wider public. But, in a society with high levels of financial inclusion and seamless fintech, the importance of that fundamental use case is lost. For people who don’t think they need peer to peer payments because the banks are doing their job, the focus shifts to headline-grabbing frauds and scams and reinforces the flawed perception that crypto is nothing more than a high-risk investment.

Changing the narrative

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