The following article is sponsored by NetCents. The information contained in this article in no way represents investment advice or opinion on the part of Benzinga or its writers and is intended for informational purposes only.
In the past few months, many trends that were slowly taking off in the cryptocurrency space have accelerated and are becoming widely accepted by everyday consumers. From Fintech to AI, blockchain and cryptocurrencies, the world of international commerce is moving faster than ever.
Previous payment methods are outdated, too complicated and far too costly for merchants. That is why the future of the payment industry is shaped by digitalization. According to recent reports, by 2022, global e-commerce is expected to rise to $5.69 trillion — an expected growth of 61% over the next 3 years. Only the businesses that can quickly adapt will stay ahead of the curve.
NetCents Technology Inc. (CSE: NC) (OTCQB: NTTCF), a cryptocurrency payments technology solutions provider, equips businesses with the technology to seamlessly integrate cryptocurrency processing into its payment model without taking on the risk or volatility of the crypto market. Recently, NetCents also announced initiatives in DeFi and NFTs. Blockchain technology has already impacted the world massively, and it’s clear that things are only just getting started.
Here’s what you need to know.
The New Digital Currency Shift
The cryptocurrency was created to streamline payment processes, facilitate electronic commerce, and give people the power to control their own funds. Since the revenues generated by the payments industry are approx. …