Before I ask the question there a few questions below that needs clarifying:
- Can some Assets be mined like Currencies and if so can they be pre-mined?
- Do some Assets have a total supply like some Currencies?
- What are the differences between assets and currencies?
Ok coming on to the main question of this thread is that I recently heard that AntShares have teamed up with Microsoft hence AntShares prices going to the moon. So as a beginner I assume microsoft is using Antshares (real world usage). How is Microsoft is using Antshares? Is it for xbox live payment system replacing xbox live points? Im on the official microsoft website and cannot see any mention of AntShares.
And another I heard is Ripple for Banks. How do Banks use Ripple when the very purpose of Crypto's Alts is to defeat and take over the banks Im not understanding.
So the main question is how these so called real world usage Alts be actually be used by so and so companies? And if we do hear that an Alt is being used by one of the top 100 companies then how does the investor verify this if there is no mention of this on the official company website? And also how does the investor know if the company usage of alts is long term or short term contract?
Finally these top 100 companies can surely can come up with their own coin/asset like google for example can make googlecoin so why these single companies that have market caps bigger than Cyptos combined turn to Alts?