Kalkine Pty Limited announced the launch of its ‘Cryptocurrency Research’. The goal is to provide new technical analysis-driven research on select cryptocurrencies traded on global exchanges while also highlighting the key risks associated.
Blockchain technology assumed greater significance for tracking and tracing products, payments, and remittances, identity management, benefiting a spectrum of industries from healthcare, government, and public services to manufacturing etc.
However, the risks associated with this asset class are also significant. For instance, high price volatility, new and unregulated spot markets, market adoption in the retail or commercial marketplace, unclear government regulation, and irrevocable digital asset transactions.