GENEVA, SWITZERLAND, August 12, 2018 /24-7PressRelease/ — Trade has constantly evolved over the centuries given the several transformations it has undergone. Whether we talk about Silent Trade/Barter between 500 CE and 1500 CE, the Dutch East India Company issuing the first shares on the Amsterdam Stock Exchange or formation of the LSE and NYSE including the Stock Market Crash in 1929, everything has helped communication, technology and platforms, evolve constantly.
Evolution has never stopped surprising us, whether it was the launch of computers in the 1970’s and the NYSE having a Bulletin Board or the 1980’s showing us the trading floors being replaced by Automated Quotation System giving way to the Microsecond response system taking shape from the HFT Trades in the present times.
The advent of Crypto:
The 2000’s showed us the introduction and failures of many new and old entrants of e-currencies/ digital currencies. The wave didn’t stop till the world was introduced to “Bitcoin” in 2008. Even now, ten years later, Bitcoin is still in the fray. Hundreds of offerings and ICOs are making a foray into the Blockchain Crypto world constantly today. Let’s look at some of its salient features.
1) Cryptocurrency, after ten years, has started to become a serious contender.
2) Crypto related fields are attracting traditional entrepreneurs now more than ever. Big markets include the U.S.A, China, Vietnam, Russia, South Korea and Japan. Slowly this will expand to the other markets as well.
3) Institutions like Hedge funds couldn’t enter this market due to amateur technologies until this year.
4) Blockchain Crypto Exchanges now have been built by the top quality teams like MoonX, NYSE and NASDAQ.
The limitations of exchanges today:
Dr. Nithin Palavalli, Chief Founding Executive, MoonX says, “Every Crypto Exchange existing today offers very limited technical connects for third parties to thrive in the market. If not dealt with,