Bitcoin allowed people to trade directly with each other, while being in different parts of the world. But the underlying blockchain technology has proved to be applicable far beyond the payment system. Soon, it will completely change the whole world of Finance. Let’s understand how.
On April 25, 2010, the first bitcoin was officially sold for 0.3 cents. Within eight years, bitcoin has risen in price by two million times, in 2017 the whole world watched another incredible increase in its price and in 2018 — a dramatic fall. At the same time, news flashed that someone had raised millions of dollars with the help of some ICO and some tokens. What are those?