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Author Topic: Has crypto caused a significant impact in the world of business?  (Read 1097 times)

Offline princessgirl

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Has crypto caused a significant impact in the world of business?
« on: November 13, 2018, 01:41:25 AM »
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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Has crypto caused a significant impact in the world of business?
« on: November 13, 2018, 01:41:25 AM »

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Offline pedangrusak

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Re: Has crypto caused a significant impact in the world of business?
« Reply #1 on: November 13, 2018, 01:46:12 AM »
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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Re: Has crypto caused a significant impact in the world of business?
« Reply #2 on: November 13, 2018, 01:47:33 AM »
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.

Offline yitzjoe

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Re: Has crypto caused a significant impact in the world of business?
« Reply #3 on: November 13, 2018, 01:49:07 AM »
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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Re: Has crypto caused a significant impact in the world of business?
« Reply #4 on: November 13, 2018, 02:57:46 AM »
The blockchain is the main innovation here. It is what drives the security and immutable data present in all cryptocurrencies.
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Re: Has crypto caused a significant impact in the world of business?
« Reply #5 on: November 13, 2018, 07:12:05 AM »
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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Re: Has crypto caused a significant impact in the world of business?
« Reply #6 on: November 13, 2018, 07:28:19 AM »
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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Re: Has crypto caused a significant impact in the world of business?
« Reply #6 on: November 13, 2018, 07:28:19 AM »


Offline Andruha1993

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Re: Has crypto caused a significant impact in the world of business?
« Reply #7 on: November 13, 2018, 07:35:10 AM »
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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Offline DeKingCrypto

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Re: Has crypto caused a significant impact in the world of business?
« Reply #8 on: November 13, 2018, 07:51:56 AM »
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.

Offline ZionRTZ

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Re: Has crypto caused a significant impact in the world of business?
« Reply #9 on: November 13, 2018, 08:15:25 AM »
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.

Offline Elevteros

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Re: Has crypto caused a significant impact in the world of business?
« Reply #10 on: November 13, 2018, 08:50:41 AM »
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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Offline dentolas

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Re: Has crypto caused a significant impact in the world of business?
« Reply #11 on: November 13, 2018, 09:07:14 AM »
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...

Offline icolumnist

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Re: Has crypto caused a significant impact in the world of business?
« Reply #12 on: November 13, 2018, 09:43:43 AM »
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.

 

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