Boston, June 30, 2016 — New research from Mercator Advisory Group titled Alternative Currencies: Are Cryptocurrencies Ready for Prime Time? identifies and discusses several of the central concepts underlying cryptocurrencies and their marketplace potential. Bitcoin, easily the most recognizable of the digital currencies has generated a fair share of controversy as is not the only cryptocurrency garnering some scandalous headlines. The research note provides a nontechnical guide to competing cryptocurrencies and support services to help businesses to understand the implications and potential impacts of wider use of cryptocurrencies.

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