Proof Point
Merchant services most widely offered cryptocurrency service by payment companies in University of Cambridge study
Services Offered by Participating Global Cryptocurrency Payment Companies
2017 (percentage)
| Note: | Data from University of Cambridge’s Global Cryptocurrency Benchmarking Study of 144 cryptocurrency organizations and individual miners across 38 countries |
Proof Point Findings
- Cryptocurrency – Digital or virtual currency that uses cryptography to regulate generation and verify transfer, independent from any central bank
- Commercial Usage – More than half of payment company respondents offer merchants ability to process cryptocurrency payments (e.g., shopping cart integrations and point-of-sale terminals), closely followed by general-purpose activities
- Key Growth Drivers – Include proliferation of cryptocurrencies and related service providers, growing number of merchants businesses accepting cryptocurrencies and increasing public interest in alternatives to traditional currencies
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Accelerator |
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Market Disruption |
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Sector |
Cross-sector, Financial Services
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Source |
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Date Last Updated |
September 10, 2017
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