7 Reasons Why Altcoins Win Over Bitcoin | Cryptocurrency

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The uses of cryptocurrency are growing.

Many altcoins are not just cryptocurrencies, but their technology can be exploited for other purposes. Blockchain technology opens the door to a variety of important applications for different industries, including peer-to-peer financial platforms, automation, building trust around transactions, and improving access to credit. These use cases, which are unrelated to Bitcoin, are “finally being recognized and (are) being embraced in a meaningful way,” says Clayton Gardner, co-founder and co-CEO of Titan, a platform for investing in cryptocurrency. Gardner says altcoins are gaining on Bitcoin because the industry is leaning towards “different crypto sectors that have different drivers of value such as smart contract platforms, DeFi (decentralized finance) apps, NFTs (tokens). non-fungible), games to win, distributed storage platforms, etc.” These applications are fundamental to developing new ways for consumers and businesses to digitally interact and manage their operations.

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