HybridBlock And The Future of Cryptocurrency Education

The age of crypto is upon us, and with that comes the enthusiasm, mania, and disappointment that comes along with every new technological phenomenon. From Ebay.com in 1999 to Bitcoin in 2009, enthusiasm for high tech has inevitably manifested itself as both wise and unwise investment.

However, cryptos present an entirely new dynamic to this age-old marriage of innovation and capital. Not quite a security, not quite a currency, and not quite equity, investing in cryptos has become a complex and rewarding adventure, but one that remains a mystery for many.

In order to unlock the world-changing potential of blockchain, a tech that could revolutionize the world economy, it is key that investment is made easy, simple, and available for all. Many exchanges are purposefully esoteric or intimidating to casual users. One need only casually visit a crypto thread on Reddit to see the often-exclusionary nature of crypto culture.

Until Gen Xers can properly understand and trade cryptocurrency, mainstream media will continue to be skeptical, limiting the potential for new investors and growth. What is needed is a tool that can make trading cryptos as simple and easy as shopping on Amazon.

That is where HybridBlock Advanced Blockchain Solutions comes in. A consummate educational tool, exchange, and wallet, HybridBlock has the chance to spread the potential rewards of crypto trading to the previously uninitiated.

Aiming to disrupt the current ecosystem of cryptocurrency exchanges for established traders like Coinbase or Bittrex by presenting itself as an educational tool for those seeking to enter the sector, HybridBlock has the potential to change the nature of cryptocurrency.

How HybridBlock Works

HybridBlock really functions on three different levels, each one geared towards facilitating crypto trading.The first is BaseTrade, an easy-to-use crypto exchange set up to attract first-time traders and new enthusiasts. The average stock investor doesn’t have the time or patience to research the best wallets, the best exchanges, and the pitfalls of transferring coins to and from exchanges (all in addition to their actual investments).

Sleek, simple designs can often be lacking among exchanges, and HybridBlock hopes to be the RobinHood to Bittrex’s Bloomberg Trading Terminal. Aiming to tear down that great barrier to entry question of, “How do I buy cryptocurrency?” after a simple single-step verification, BaseTrade will offer a simple how-to guide on how to purchase cryptocurrency. While it seems almost too simple, HybridBlock is truly providing a service that did not exist before.

Once initiated and invested through BaseTrade, HybridBlock makes it simple to trade for alt-coins or store coins in a secure, remote wallet through its HybridExchange wallet and exchange. Allowing novice users to create trade books and trade through difference exchanges, HybridExchange is the next-step from BaseTrade, and a way to increase the liquidity of the market to the benefit of everybody.

Finally, there is HybridTerminal, the final step for any cryptotrader. Designed to access the API’s of partner companies, this terminal would bring automatic and more complex trading to the masses, something that services like CoinBase simply cannot provide.

All of these exchanges will be facilitated by a local token, the HybridFX coin. Allowing instant and safe transfers between the terminals of HybridBlcok, the coin would allow for seamless transitions between its modules, and reduce any risk inherent to trading.

What HybridBlock Will Do

Too often, innovative industries become niche and exclusive. Coders in the 70’s were hobbyists locked up in small clubs in garages, but in the 2010’s, it is already becoming a part of public education in America.

If cryptocurrency and blockchain is ever going to truly achieve mainstream economic and cultural acceptance, it must be easy to use and welcoming to new users. HyrbidBlock and others like it are a solution to this problem that could open up the market to everybody, and have a tidal wave of liquidity flow into cryptomarket.

HybridBlock would not only teach more traditional investors, but possibly international investors as well in developing economies. Blockchain technology could revolutionize the economies of developing countries and accelerate growth around the world.

What is key in a time like today is to treat the miracle of blockchain technology like the revolutionary tech it is. While mania is inevitable, responsible and sustainable investment are the only way to keep blockchain alive to change the world for years to come. Information, speed, and flexibility are all key in forging the crypto market into the model, responsible investors that sustain more traditional industries.

That is why a group like HybridBlock has disrupted crypto trading at the perfect time to capture existing enthusiasm and turning it into a drive for information. This enthusiasm and knowledge could turn a “blockchain bubble” from tulips into Amazon stock. It will be interesting to see how HybridBlock go about gaining early traction and scaling their efforts.

Disclosure:

The author has had a working or personal relationship with one or more companies mentioned in this article in the past. Access to mentioned company’s management and information was made through the author’s personal network. All information was vetted prior to posting.

Disclaimer:

This essay is not intended to be a source of investment, financial, technical, tax, or legal advice. All of this content is for informational purposes only.

HybridBlock And The Future of Cryptocurrency Education was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.