Bitcoin Forum

Corporate entities like IBM and Mastercard  adoption of blockchain technology is a representative of a wider trend, in which large enterprises are both offering blockchain products and adopting blockchain in their business strategies.

Mastercard intends to accept deposit, offer loans, and make investment in cryptocurrencies.  This is bound to influence mainstream adoption.

That's what we are looking for crypto. The adoption of big companies and entities will give a free advertisement to the crypto. Remember a lot of eyes are watching this company and when it was adopting crypto and so many eyes will pay attention to the cryptocurrency. we need more big companies to adopt crypto.

       Well , IBM and MASTERCARD really needs to use blockchain technology to have faster transaction in order meet the demend of the customer and need also transparency of every transaction made like having a ledger .

Yes, we are finally heading towards mainstream adoption.
However, it is going in ways that people haven't anticipated.

Most of the larger institutions are opting to create their own blockchain solutions instead of using established projects.
This means that we are seeing even huge crypto companies potentially having to go head to head with mega corporations.
In a way, this is kind of at the heart of crypto.

It actually should be expected.  These companies have way more than enough resources to make their own, why would they use someobody elses?
But the one thing I hope we won't see is what we see in tech startups nowadays: people selling out.

Nowadays, any worthy tech startup will promptly be bought out by a large company, with the ceos taking a nice paycheck.
If that happens in crypto, then Satoshi's entire vision would have been destroyed.

I think some people dislike the corporate entities getting involved but to have mainstream adoption you need mainstream companies that people already know and use.

Their still on it, but still need a whole full court press decision regarding the massive adoption of blockchain. Business enterprise will not risk a low capital investment on a crypto service payment. They want a huge return on the investment so they also waiting for something good like Bitcoin ETF before they set up business here.

Quite the opposite, the corporate adopting blockchain for its sake of efficiency itself making people quite happy because it's like the showcase of how effective the blockchain technology is.
Not that people actually dislike but well, there might be some of them that really dislike the involvement of the big corporation but atleast it will give us some other benefit.

i don't think so.
because adoption of blockchain technology itself means they will be using the technology not the coins and that won't change anything for mass adoption of any cryptocurrency.

if they were to accept the cryptocurrencies themselves then that could have helped with the mass adoption but they will never accept altcoins.

Exactly. Besides, they will use blockchain technology to improve their internal processes but for users nothing will change, so they won't even be aware of the use of this technology.

Where's the link of this  news?

Mainstream adoption is inevitable and if you just read recently what the Visa CEO said that they have to adopt if there's a need. But not aware of what he is saying there are already cards that has been produced by them connected to crypto exchanges.

Of course it'll boost the exchange of crypto. And if the cards adopt crypto, then it's usage will increase by a huge amount.

This could be a big influence on mainstream adoption. Big companies like IBM, Mastercard will attract some big names into the crypto market. This can lead to the adoption very soon.

we need corporate entities and everyone else to adopt the crypto currencies not the technology. if they adopt the technology then there is nothing going to change regarding the mass adoption.
for example you can see that the banks have already adopted Ripple but they are ignoring XRP and that means nothing will change for the cryptocurrency token itself.

That is the actual beauty and attraction of crypto. It is going to be impossible to resist or deny once adoption of blockchain starts in the corporate sector, gaining recognition, necessity and respect.

By the adoptation of blockchain technology from big entities like IBM and Mastercard we all can hope to see this as being good exposure for cryptocurrency. As time passes more companies to businesses will try to adopt the technology in some way in order to advance with the times as this is the technology for future growth. Soon we'll be able to see further growth of the crypto economy with exposure and awareness.

Blockchain is a great technology and that is why a lot of comapnies are adopting it. However, this has got nothing to do with them accpeting crypto. The blockchain is effecient enough to help these companies. Adoption of crypto is something else altogether.

It is very sad to see and read people who think that the adoption of blockchain technology means the growth of the cryptocurrency sphere. Unfortunately, this is not the case and people who have long understood crypto.
I very much doubt that in the future there will be the use of cryptocurrencies that Satoshi Nakamoto thought about when he created Bitcoin. Governments and banks will not give control of money in the hands of people.