1. Remittance Industry : years to come cryptocurrency can have a major impact on the traditional remittance Industry as the number of immigrant workers rises, the problems in sending money to families at home also increases. The traditional system of sending money is expensive and it also takes alot of time. Cryptocurrency offers a seamless alternative to those traditional problems with a lot more transparency, lower costs and faster transfer times. So there's a high possiblity of immigrants shifting towards cryptocurrency for making money transfers to their love ones at home
2. Easy to use and Fast : we all know that transferring funds traditionally involves some hassle and can take some time as well. although there are many applications in the market now that offer easy digital find transfers there are still several restrictions but in the case of cryptocurrency, there is no such restrictions and no involvement of any regulatory bodies, which means people can shift towards dealing in cryptocurrency for the value of money that they would otherwise transfer.moreover, these cryptocurrency transactions can be done within seconds, unlike traditional money transfers which take some time.
3. Great for countries with poor financial systems : many developing countries face problems related to under developed banking and financial systems. This cause a lot of problems when it comes to interests, loans and overall money management. Frustrated by such problems, many people resort to dangerous and unlawful methods of money management. This entire chunk of the problem can be taken away with the introduction of cryptocurrency. They would provide fast and easy transactions that are decentralized and hence technically boundless to any border whatsoever. Digital money can serve as a very strong foundation for an entirely new digital alternative to traditional currencies that the world currently relies upon.