[2016-12-10] Moneycontrol: How crypto currencies will revolutionise our world

[polynesia]

How crypto currencies will revolutionise our world in future

http://www.moneycontrol.com/news/sme/how-crypto-currencies-will-revolutionise-our-worldfuture_8091761.html

Just 22-years old computer programmer, Vitalik Buterin has become one of the leading authorities on crypto currencies in the world. Crypto currencies such as Bitcoin, Namecoin, Zcash operate upon the blockchain technology where the code resides in thousands of computers around the world. These currencies are difficult to decrypt making them highly secure. Buterin who conceptualised Ethereum, a blockchain based distributed computing platform talks to Moneycontrol.com on how this technology can change transportation, financial contracts and digital payments in future.

Q. How would you define Ethereum?
A: Ethereum is a general purpose blockchain. It is a blockchain protocol that supports a programming languages so that you can build any kinds of application on the top of it. One of the important ideas behind it is building of a smart contract which is a computer program that you can upload on the BlockChain. It can do a lot of different things like watch over your digital assets.

[bitcoinisbest]

Well its a very big market cyptocurrency to be considered and specially btc to be considered. We already have zebpay which has crossed 500 crore business for the year which is tremendous. Though there is stil not a clear policy formulated for the currency but in time to come once we have it there will certainly be huge and highly demanded currency and remittance may only happen with such currency going forward.