1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Payments Market Trends
Digital Currencies: The Future of Payments?

Digital Currencies: The Future of Payments?

  • March 2015
  • 31 pages
  • ID: 3375745
In this report:
Indeed, fees are expected to be part of the bitcoin landscape going forward - and especially once the block reward halves, reducing miners' incomes.
Additionally, there is a hard-coded maximum supply of ## million bitcoins - set to be reached in the year ##; there are almost ## million bitcoins in circulation at the time of writing.


Search Inside


Digital currencies - particularly bitcoin - have vast disruptive potential in payments. These currencies have their weaknesses, but even if bitcoin itself never becomes popular, the technology that underpins it will change financial services entirely in the longer term.


- Gain an understanding of the main aspects of how digital currencies including bitcoin function, and their strengths and weaknesses.

- Learn what is being done with digital currencies currently, and how these implementations may be improved upon.

- Benefit from a tactical view of this emerging market, with a focus on how banks and payment providers should respond.

Great reasons to purchase

- What are digital currencies, and what impact might they have on your business project?

- How do digital currencies work and what benefits can they offer?

- Can digital currencies be adopted by financial institutions, and is it worth doing so?

- What action, if any, needs to be taken to remain efficient in the changing market?

- What are the challenges facing digital currencies, and how might they be overcome?

Key Findings

Bitcoin can offer faster and cheaper domestic and ? most significantly ? worldwide payment services than the majority of alternatives in the industry, threatening to displace the incumbents.

Bitcoin has numerous weaknesses containing the diminishing returns of the mining system, its complex security requirements, its volatility as a currency, and the lack of regulation in the sector.

Blockchain technology is the most crucial aspect of bitcoin and other cryptocurrencies, and can be adapted to numerous purposes both within financial services and in the wider technology market. Within the payments market, blockchain technology affords banks advantages in terms of speed, cost, and transparency.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Hardware Wallet Market

Global Hardware Wallet Market

  • $ 4250
  • Industry report
  • September 2018
  • by Mordor Intelligence LLP

Hardware Wallet Market SizeThe global Hardware Wallet Market was valued at USD 227.5 million in 2017 and is expected to reach a value of USD 1606.5 million by 2023 at a CAGR of 36.6% over the forecast ...

Cryptocurrencies - Thematic Research

Cryptocurrencies - Thematic Research

  • $ 1950
  • Industry report
  • July 2018
  • by GlobalData

Cryptocurrencies - Thematic ResearchSummaryIn fairness, all currencies are a confidence trick.The US dollar, British pound, and the Euro all depend on nothing more than market confidence for their value.The ...

The Status of Asia/Pacific Cryptocurrency and Initial Coin Offering Legislation

The Status of Asia/Pacific Cryptocurrency and Initial Coin Offering Legislation

  • $ 1500
  • Industry report
  • June 2018
  • by IDC

This IDC Market Note discusses the status of cryptocurrency and initial coin offering legislation in Asia/Pacific. It also includes highlights and the possibility of how regulations may change moving ...


Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on