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Title: public companies adding blockchain to their names Post by: PRDAEcontact on January 26, 2018, 12:38:57 AM "SEC warns against public companies adding blockchain to their name". If companies add blockchain to their names, will it actually influence the development of their business?
Title: Re: public companies adding blockchain to their names Post by: Swagtoshi on January 26, 2018, 01:38:23 AM Changing the name of a product or company will not actually affect how the product works. Unless they change how their products works, the development won't change. However, sometimes adding blockchain to a name MAY create hype that may drive up share prices.
Title: Re: public companies adding blockchain to their names Post by: shinjunobi09 on January 26, 2018, 01:55:09 AM They are just wary because if something is decentralized, they could no longer follow their procedure for the know your client because if there is a sudden price increase in their share prices they might smell something fishy going on over there. To answer your questions if will solely depend upon the companies perspective.
Title: Re: public companies adding blockchain to their names Post by: ruletheworld on January 26, 2018, 01:59:03 AM "SEC warns against public companies adding blockchain to their name". If companies add blockchain to their names, will it actually influence the development of their business? Very similar to the situation during the tech bubble in '99-'00 when companies would add a dot com to their name and their stock would double. It goes without saying this isn't healthy for the market and the regulators would definitely keep an eye out on such activity. Adding blockchain to their names is a joke - they don't actually do anything different. |