The use of blockchain technology in the context of speculation is without a doubt one of the most widespread applications of this technology. Because it is simple to transfer money from one market to another and because it is not necessary to have a third party maintain your money, it is an excellent location for all different types of speculators to participate.
Blockchain is an excellent tool for individuals who are ready to face the risk of investing in a financial asset class that is expanding at a rapid rate. This is because of the manner that blockchain operates. Some others even believe that once the underlying technology and the rules surrounding it have been improved, the global trading markets may all eventually be tokenized and housed on the blockchain.
Check out Blockchain Use Cases: Prediction Markets if you want to learn more.
