Recommended Research: GLOBAL CRYPTOCURRENCY BENCHMARKING STUDY
Download this Free 114 Page Research Report by Cambridge University further below.

The world of money and finance is transforming before our eyes. Digitised assets and innovative financial channels, instruments and systems are creating new paradigms for financial transaction and forging alternative conduits of capital. 

The Cambridge Centre for Alternative Finance, since its founding in 2015, has been at the forefront of documenting, analysing and indeed critically challenging that digital financial transformation. This Global Cryptocurrency Benchmarking Study is our inaugural research focused onalternative payment systems and digital assets. 

Led by Dr Garrick Hilleman, it is the first study of its kind to holistically examine the burgeoning global cryptocurrency industry and its keyconstituents, which include exchanges, wallets, payments and mining.The findings are both striking and thought-provoking. First, the user adoption of various cryptocurrencies has really taken of, with billions in market cap and millions of wallets estimated to have been ‘active’ in 2016. 

Second, the cryptocurrency industry is both globalised and localised, with borderless exchange operations, as well as geographicallyclustered mining activities.

Third, the industry is becoming more fluid, as the lines between exchanges and wallets are increasingly ‘blurred’ and a multitude of cryptocurrencies, not just bitcoin, are now supported by a growing ecosystem, fulfilling an array of functions. 


Fourth, issues of security and regulatory compliance are likely to remain prevalent for years to come. I hope this study will provide value to academics, practitioners, policymakers and regulatorsalike.

We thank Visa very much for its generous support of independent academic research in this important area.

Bryan Zhang

Co-founder and Executive Director (Interim)Blockchain has received a significant amount of analyst and press attention over the last few years as this emerging technology holds significant potential.

Use cases are many and varied:

ranging from programmable cryptocurrencies to property deeds management to provenance tracking to voting records.

Cryptocurrencies were the first application of this technology, and in doing so introduced an entirely new set of businesses, jobs and vocabulary to the world of payments. Visa has been exploring the impact of these technologies to determine how this new ecosystem will continue to grow and evolve.

Amongst all the excitement and enthusiasm in the press there has also been some hyperbole, and any efforts to provide a realistic snapshot of the industry should be welcomed.

Visa 
welcomes opportunity to sponsor research from a respected organisation, the Judge Business School at Cambridge University, which we trust, the reader will find objective, informative and insightful.

Jonathan Vaux

VP, Innovation & Strategic Partnerships


Download the Free 114 Page Research Report Here:
https://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2017-...