Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on November 13, 2018, 01:41:25 AM
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Cryptocurrencies and the Blockchain technology have come to elevate most businesses, thus the ones that have integrated the Blockchain and cryptocurrency into its operations. It offers transparency and eliminate fraud and theft issues in the business due to the immutable storage and verification of all transactions. Delay in payments have been eliminated due to the escrow feature used by most businesses.
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this is what cryptocurrency can do, which is to push all the activities it goes towards to be more effective and efficient and of course more transparent, they minimize the presence of third parties such as banks in these activities.
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Cryptocurrencies and the Blockchain technology have come to elevate most businesses, thus the ones that have integrated the Blockchain and cryptocurrency into its operations. It offers transparency and eliminate fraud and theft issues in the business due to the immutable storage and verification of all transactions. Delay in payments have been eliminated due to the escrow feature used by most businesses.
Yes I agree mate. Crypto currency has caused a significant impact in the world of business. It is very potential and many advantages of crypto.
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I see that cryptocurrency is more immune to the economic crisis and that inflation has become a fear in many countries, this macro economy will greatly benefit many countries. the blockchain will easily be integrated into public utilities such as micro-payments and payments that are often carried out by the community every day.
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The blockchain (https://en.wikipedia.org/wiki/Blockchain) is the main innovation here. It is what drives the security and immutable data present in all cryptocurrencies.
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Of course. I know that transparency, security and scalability effected too many companies, so that they decided to use blockchain in the near future, to impress their customers.
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Cryptocurrencies and the Blockchain technology have come to elevate most businesses, thus the ones that have integrated the Blockchain and cryptocurrency into its operations. It offers transparency and eliminate fraud and theft issues in the business due to the immutable storage and verification of all transactions. Delay in payments have been eliminated due to the escrow feature used by most businesses.
If that cryptocurrency has features that will benefited that particular industry of business. For example, supply chain, the platform must be designed to cater the products and become a mediator for direct production and processes from raw to distributed consumers.
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Yes, with the advent of blockchain business has become more developed. Therefore, thanks to the blockchain technology, everything has become much safer, more convenient and faster.
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I believe crypto revolution has made some valuable impact in the business world, at least some firms have seat up. And payment decentralized is a good one to me.
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Has crypto caused a significant impact in the world of business?
It disrupted a lot of already as many blockchain based projects are challenging traditional businesses in various industries.
Cryptocurrencies and the Blockchain technology have come to elevate most businesses, thus the ones that have integrated the Blockchain and cryptocurrency into its operations. It offers transparency and eliminate fraud and theft issues in the business due to the immutable storage and verification of all transactions. Delay in payments have been eliminated due to the escrow feature used by most businesses.
- Blockchain does promote transparency but it does not completely eliminate fraud and theft issues. It can only minimize it.
- Eliminating delay in payments due to escrow is not something that is exclusive to blockchain. Escrow system already existed way before Satoshi though of Bitcoin.
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Cryptocurrency largely helped get rid of the participation of third parties, which in turn is very convenient and thus helped to immediately establish itself.
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Up until now I think we are only scratching the surface regarding what crypto/blockchain can do for businesses and society in general. There are a few businesses that are already working and using blockchain tech on their daily business, but I think this is just the very beggining ... blockchain features can deeply influence our society and change a lot of our old ways... but it will take time...
Next year I think we'll see an important upgrade...
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Well for me crypto seems for all intents to be among the biggest trend lately . From social media to news broadcasts and even governments point of view , it is hard to go a single day without hearing someting about cryptocurrency-related news.