In this article it has posit a question, if the ongoing frenzy for Bitcoin crashes will that eventually cause users to shy away from the underlying technology of Blockchain?
Bitcoin is a currency based on blockchain and is espoused to have all the properties of blockchain and is supposed to be decentralized.
However when you look closer you will realize that various operations that are being conducted in bitcoin does not make it decentralized as it claims to be. History shows us that the first application of revolutionary technology determines the public mood and policy stance toward the technology for generations to come. Bitcoin has captured the investor’s imagination and hence it is important that it doesn’t leave a bad aftertaste.
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Decimal Point Analytics is a financial research & analytics company incorporated in 2003 with headquarters at Mumbai. It is an independent, management owned company, which provides actionable analytics to financial services companies. It offers customized solutions to investment management businesses that address specific challenges. It enables these customers to supplement their operations with additional resources and augment research processes using Artificial Intelligence (AI) technologies like Machine Learning (ML), Natural Language Processing (NLP) and Big Data.
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