Anyone who has even a passing familiarity with cryptocurrencies is aware of the several ways it may make them rich overnight. Although it can (try trading), it is by no means the only fascinating way that this piece of technology benefits society. Here are some fascinating applications of cryptocurrencies for people who can look past their wallets:
•Reward System; Numerous businesses have recognized the potential of cryptocurrencies as a way to reward users and administrators. This award may be determined by the services provided, customer loyalty, user engagement, or any other variety of factors.

•Private Transactions; While highlighting a significant and rigid feature of cryptocurrencies, this entry also serves as an example of one of the main criticisms of them. The use of cryptocurrencies is not centralized, therefore each transaction is the responsibility of the parties involved.

•Transparency; Each new block on a Blockchain creates a new, immutable record of the transactions of its user. It is a ledger with the complete financial history of each user, and this is one of its greater advantages. One such way is that it gives individuals a simple but immutable means of disclosing their financial history.

•Global Currency; The likelihood of cryptocurrencies becoming a major reserve currency is not as remote as remote as most people would think. Anyone with a working understanding of the idea of legal tenders and the possibilities of cryptocurrencies in an increasingly digital environment should be able to see the reasons for this. Less individuals use cash every day, and more people are exposed to digital transactions.
Cryptocurrency was created to solve the problems banking system could not solve, read more on this post