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Is Big Tech Pushing Cryptocurrency towards Mass Adoption?

 

he 4 big tech companies of the world including Google, Apple, Facebook, and Amazon are the main drivers of technological innovation. These innovations are the main reasons why there has been a major push towards the adoption of digital technologies. Numerous cryptocurrency brokers, services, and applications are now integrating these services.

 

 

Hundreds of millions or even billions of online users have been impacted by each of these 4 tech behemoths. Most of the internet users have been massively impacted by these four firms in different ways:

1. Google

 

Its game-changing search engine has become the lifeline of most online users and a primary source of content. Besides its search engine, YouTube is yet another Google product that has impacted the users. 

2. Apple

 

It is one of those consumer electronics companies that have brought a paradigm shift in how people think and use high-tech devices. Whether it is their Apple computer, iPhone, iPod, or any other Apple product, they have become the next league product that users look up to. 

3. Facebook

 

The massively successful social media platform is one of the greatest success stories of all-time. Facebook and Instagram have connected people that internet users never experienced before. Even a tech-averse individual now has his/her own Facebook account to get connected with their near and dear ones, providing them the opportunity to explore the unexplored. 

4. Amazon

 

Amazon has become a household name for millions and billions of people across the world. The COVID-19 pandemic and the following lockdowns have made them the preferred one-stop shopping solutions of households all over the globe. Another product that has revolutionized the online world is definitely their cloud computing services, helping enterprises, medium-to-small businesses, and even individuals.

Most people have either used, seen, or heard about the technological solutions and services provided by these four technological giants. Their reach is unprecedented and each of these companies is doing its bit to push the adoption of blockchain technology and cryptocurrencies. 

 

Whether it is Google, Apple, Amazon, or Facebook, each of these companies is using their respective payment services Google Pay, Apple Pay, Amazon Pay, and Facebook Pay to bridge the yawning gap between the world of traditional finance and the crypto-sphere.

Can Digital Payment Services become the Gatewayfor the Mass Adoption of Bitcoin and Other Cryptocurrencies?

 

 

Yes, they can and the process has already started. Let’s see how.

 

Cryptocurrencies have come a long way in the last 10-years. Earlier, it was a daunting task for the traders and investors had to buy Bitcoin and other cryptocurrencies. Investors either had to trust remittance services or shady payment processors to buy Bitcoin and other cryptos. In many cases, they had to use peer-to-peer cryptocurrency marketplaces for buying Bitcoin (BTC), Ethereum (ETH), and other altcoins in person. 

 

However, over-the-years, the payment services offered by these four big technology firms have made it easier for you to acquire cryptocurrencies. All the hurdles that were present earlier are slowly but surely broken down by the advancement of technologies, coupled with the increase in the number of cryptocurrency exchanges. There are currently more than three hundred cryptocurrency exchanges across the world. 

 

While the access to multiple crypto exchanges has made the first wave of penetration among investors and traders, the second wave towards mass adoption of Bitcoin and other cryptocurrencies is propelled by the services providers as well as merchants who now accept cryptos through the payment platforms including Google Pay and Apple Pay.  

 

Reports say that the combined user base of these services and platforms is currently more than 500 million. This makes these services the right media to make cryptocurrencies accessible to practically anyone having a smartphone, personal computer, laptop, or tablet. The payment platforms are easy to operate, which are used by millions of users. They take the complexity out of purchasing cryptocurrencies and therefore have the potential of creating the pathway towards mass adoption. 

 

The services provided by the big tech giants are now integrated by hundreds of different cryptocurrency brokers, services, and applications. It, therefore, allows users to easily buy cryptos and other related services with the use of their debit/credit cards. 

 

Recently, Google Pay has gone one step forward to make way for faster adoption of cryptocurrencies. Google Pay now allows users to add their crypto-powered Coinbase Case to the wallet so that they can make payments to stores by using cryptocurrencies. 

 

Cryptocurrencies are mostly used for trading. On a daily basis, tens of billions of dollars of crypto assets are traded in the spot cryptocurrency market and derivative exchange platforms. Most of these platforms support fiat currencies such as the US Dollar. However, this is usually done through 3rd party payment processors including Changelly or Moonpay. This is changing slowly but surely.

 

A popular platform called NewsCrypto (providing educational resources, insights, and tools to the crypto-traders) has become one of the first platforms that provide traders the opportunity to buy cryptocurrencies directly for Apple Pay, PayPal, and GooglePay. You can use Apple Pay to buy NewsCrypto Coin (NWC) tokens, which in turn can be used to buying cryptos such as Bitcoin (BTC) and Ethereum (ETH). In fact, the users can also stake these cryptocurrencies to earn up to 30% APR and also do many other things.

Going Beyond Payment Gateways

 

 

While all the big technology giants are helping to make Bitcoin and other cryptocurrencies, available to a larger audience through their payment apps, Amazon has taken one step further by offerings its blockchain as a service (BaaS) platform, which they call the Amazon Managed Blockchain. It is enabling the enterprise clients to launch their own blockchains easily over popular open-source frameworks including IBM’s Hyperledger Fabric as well as Ethereum. 

 

 

Amazon is also offering a cryptographically secure, centralized database called Amazon Quantum (a blockchain-like platform), which helps in digital identity, supply chain, and banking applications. 

 

 

This blockchain-like platform is already being used by some big names, which includes the UK’s Driver and Vehicle Licensing Agency and the Swedish bank named Klarna (which offers the popular Klarna buy now pay later services). UK’s Driver and Vehicle Licensing Agency are currently exploring the ways in which Amazon QLDB can be used to store and process public and private data registers. 

 

 

Just like Amazon, Facebook is also working on its own cryptocurrency project known as Libra, which is expected to be launched sometime in 2021. These are some of the ways through which the largest technology companies in the world are pushing cryptocurrency and blockchain towards mass adoption.

Can you trade cryptocurrencies Automatically ?

 

 

Yes, cryptocurrencies can be traded automatically with the help of AI-driven crypto bots. These bots automatically scan the market in real-time and trades for you. They run 24/7, giving you an edge over other investors as it enables the bot to book profits on your behalf when other investors are sleeping. 

 

NapBots  is one such cloud-based crypto trading platform that connects to major exchanges such as Binance, Bitmex, Bitfinex, OKEX, Kraken, Bitstamp, and Bitpanda. Once you put it on autopilot, it monitors charts and candles to predict your next move. Any novice trader with zero skills can also start trading like a pro and earn money with this unique trading tool.

Is it Risky to Trade with NapBots ?

 

Though NapBots has a proven record of providing great returns to investors, it doesn’t guarantee profit all the time. It can provide you astonishing returns with hourly strategies. As the crypto market is very volatile, you should expect to see losses from time to time too. If you’re not ready for that, you shouldn’t get into crypto trading in the first place. 

 

If you are a novice in the cryptocurrency market, you can put your cryptocurrency trading on autopilot, get excellent ROI, and keep earning your passive income round the clock, even when you are sleeping. However, always keep in mind that NapBots is not a get-rich-quick scheme. You can check the reviews before taking the plunge.

Is there any Difference between Investing through NapBots and Without ?

NapBots crypto trading software is special because it comes with:

 

  1. A unique trading algorithm that processes market data for you 
  2. A unique crypto trading bot library so that you can create your own mix of trading strategies
  3. Autopilot mode that enables you to automate trading 24×7
  4. An easy-to-use interface so that you can copy the proven strategies of NapBots to make successful trades and make money

 

NapBots offers complete trading automation solutions through the use of its own tested trading strategies; offering quantitative trading strategies previously reserved for hedge funds to the public. 

 

The setup and installation process are easy. So, the non-experts can also use it. The simple and special approach of NapBots helps it provide you with excellent ROI.  

 

The team of professionals behind NapBots has extensive experience in the financial market. They have put their years of experience in place so that you can easily automate the management of your funds with no technical skills. This service can run 24/7 and work as your passive source of revenue even when you sleep. Muslims can easily and safely use crypto trading bots. 

 

Our pricing is simple and there are no setup fees. 7 days free trial is also available.

 

 

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Related Resources:

 

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