Blockchain Technology has the Potential to Revolutionize Modern Industry
JoTo PR Client, Monica Eaton-Cardone, wrote an article in ValueWalk titled, Blockchain Likely to Outshine Bitcoin in 2018. In 2017, bitcoin value surged from just under $1,000 at the start of the year to nearly $20,000 by mid-December. While some industry leaders dismiss bitcoin—one calls it “a fraud” that is “worse than tulip bulbs”—others are eagerly investing, confident in projections that bitcoin value will reach $1 million by the end of 2020. Yet many FinTech experts and industry observers see bitcoin’s supporting technology, blockchain, as the true standout with the greatest potential in the coming year.
IT executive and FinTech specialist Monica Eaton-Cardone says that while bitcoin may be grabbing headlines, more businesses and individuals will directly benefit from blockchain technology, which is disrupting cottage industries that profit from existing inefficiencies. “By reducing or eliminating the need for intermediaries—while delivering near real-time processing, lower fees and infrastructure costs, and greater transparency, efficiency and security—blockchain has the capability to revolutionize virtually every modern industry,” Eaton-Cardone said.
Monica Eaton-Cardone is an accomplished entrepreneur, speaker, author and industry thought leader who is internationally recognized for her expertise in risk management, chargeback mitigation, fraud prevention and merchant education. Eaton-Cardone found her calling as an entrepreneur when she sold her first business at the age of 19. She later became an eCommerce merchant; and after grappling with chargebacks and fraud, she took it upon herself to develop a comprehensive, robust solution that combined agile technologies and human insights. Today, Eaton-Cardone’s innovations are helping thousands of organizations achieve sustainable growth, and she continues to pioneer loss-prevention best practices as CIO of Global Risk Technologies and COO of Chargebacks911. Eaton-Cardone is a champion of women in IT and business leadership and aims to inspire the next generation of young innovators through her nonprofit organization, Get Paid for Grades.
ValueWalk covers financial news and discusses value investing, hedge funds, banks, asset managers and technology.
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