Major Wall Street mainstay Nasdaq is reportedly following the lead of its peers in seeking ways to slowly enter the cryptocurrency space and has made an offer to acquire a cryptofriendly fintech startup based in Stockholm Sweden

Since the beginning cryptocurrencies have always been favored by the techsavvy crowd Even though buzzwords like Bitcoin and blockchain are often heard on the mainstream media these days using cryptocurrencies remains a cumbersome process for most people Wallet addresses are long and random cryptographic hashes A small mistake in a single character would result in permanent loss of funds Doubletriple checking every address before every transaction has become common practice among cryptocurrency users For businesses that accept cryptocurrencies as wallet addresses are usually not directly linked to customer accounts there is often no easy way to tell who made which payment until the customer presents payment proof separately These are some of the main hurdles facing cryptocurrency mass adoption today

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