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Why more people will use Blockchain-based payment platforms over banks in the future?

Blockchain technology-based payment platforms are being increasingly adopted by the financial services industry and are next in line to take over bank-based transactions. On August 17, Bitcoin’s market capitalization has surpassed that of fintech giant PayPal, a feat achieved previously by the cryptocurrency market as a whole. Such huge growth, achieved through mass consumer adoption, is largely in thanks to the increased security, transaction speed, and convenience offered by Blockchain technology.
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