Bitcoin – the largest cryptocurrency in the world – recently marked its 13th anniversary. An inception that is challenging the way money is perceived around the world has come a long way, and not at the same time. Interestingly, along with creating a new paradigm, cryptocurrency has opened the doors for a revolutionary new world on the back of blockchain technology.
Now, 13 years in, every person with access to a mobile phone and internet knows about Bitcoin and blockchain technology. However, despite hearing or knowing about Bitcoin and its likes, not many have participated in the market.
And the reasons are many. Some include regulatory clarity, knowledge and education, and safe market entry points. While some of the roadblocks will automatically be addressed as the market matures, the one problem that needs to be carefully addressed is the knowledge and education part of it.
Given that the technology acting as the backbone of the cryptocurrency is a new one, there are only a few who truly understand its mechanisms. Hence, filling the knowledge gap has become one of the most vital hiccups in the cryptoverse. If approached in an apt manner, it could not only future the adoption of the digital space but also future its growth and innovation.
Knowledge is the beginning
Now that the problem has been identified, several platforms within the cryptosphere have taken several measures to solve it. There are several YouTube videos, blog posts, knowledge-driven programs in place trying to explain the mechanisms of the space. However, the one that excels in this aspect – like all the others – is Binance – the largest cryptocurrency and blockchain technology infrastructure provider.
The crypto-centric platform has released several educational blog articles via Binance Academy and also has an entire section dedicated to explaining the know-hows
