With gov't and banks taking up blockchain,what ICO would profit the most?

[poorgrammer]

FIC Network is an upcoming ICO that's doing exactly what you are talking about. They are focusing on institutions (already have a product with a few clients) to create a fixed income market for crypto. I think it's great they are focusing on big players first before retail investors as I think this will help adoption, and is also in general a better marketing strategy.

why would institutions adopt FIC though? i don't see FIC well marketed or positioned with large players for real use

[kajin]

FIC Network is an upcoming ICO that's doing exactly what you are talking about. They are focusing on institutions (already have a product with a few clients) to create a fixed income market for crypto. I think it's great they are focusing on big players first before retail investors as I think this will help adoption, and is also in general a better marketing strategy.

why would institutions adopt FIC though? i don't see FIC well marketed or positioned with large players for real use

It depends on the institution, but adopting FIC would be faster, cheaper, and easier to audit.

[senopratama]

i honestly don't see any connection between the two!
in fact i believe the exact opposite of what you think can be true. meaning as the government and the banks get involved more with the blockchain technology they will also regulate the market and eliminate ICOs altogether and it means pretty soon all of the ICOs will fail instead of even reaching profit.

I doubt that they could eliminate ICO, i mean they could do their own ICO with some regularities and investors will surely invest if the ICO were to be backed by government and banks. Surely that a lot of ICOs will fail because investor will look for something that has legit while other ICO are scam to begin with.

will likely make the ICO itself does exist, and I think it will be an attraction because of course sees the presence of interference from the Government and banks will then make this more interesting investors compared to ICO the other.

[poorgrammer]

FIC Network is an upcoming ICO that's doing exactly what you are talking about. They are focusing on institutions (already have a product with a few clients) to create a fixed income market for crypto. I think it's great they are focusing on big players first before retail investors as I think this will help adoption, and is also in general a better marketing strategy.

why would institutions adopt FIC though? i don't see FIC well marketed or positioned with large players for real use

It depends on the institution, but adopting FIC would be faster, cheaper, and easier to audit.

could you expand on this please?

if the goal is to become the all-star one stop solution for global fixed income, wouldn't that in essence distrupt traditional mutual funds ? i see corporate adopters shying away from this as they are investment vehicles themselves

[daxiake]

Here and there news reports are showing what the government and banking institutions are doing to integrate blockchain technology to keep up with the rising trend. From all the products and services being offered out there, what product or service would gain the most advantage with these developments? 

We only see cryptocurrency as one and only application of blockchain, blockchain technology has frontiers that are yet to be discovered by the human mind. Banks already are using regulated cryptocurrency like Ripple to transfer funds globally (though many among crypto community are not accepting Ripple as a cryptocurrency). It's important to understand that Governments rivalry is with cryptocurrency not with blockchain.

[kajin]

FIC Network is an upcoming ICO that's doing exactly what you are talking about. They are focusing on institutions (already have a product with a few clients) to create a fixed income market for crypto. I think it's great they are focusing on big players first before retail investors as I think this will help adoption, and is also in general a better marketing strategy.

why would institutions adopt FIC though? i don't see FIC well marketed or positioned with large players for real use

It depends on the institution, but adopting FIC would be faster, cheaper, and easier to audit.

could you expand on this please?

if the goal is to become the all-star one stop solution for global fixed income, wouldn't that in essence distrupt traditional mutual funds ? i see corporate adopters shying away from this as they are investment vehicles themselves

Mm, not quite. Existing mutual funds and other investment vehicle creators benefit from the platform since they can do the same thing on FIC Network. More efficiency in terms of speed, cost, and auditability.

[disconnectme]

Here and there news reports are showing what the government and banking institutions are doing to integrate blockchain technology to keep up with the rising trend. From all the products and services being offered out there, what product or service would gain the most advantage with these developments? 

What Government is playing with and most of these big companies is not the blockchain we are talking about here, they want a private blockchain and I don't think you can mine their own coins. I think NEO and Ethereum have plans for big players like these so one need to watch out for both projects

[poorgrammer]

FIC Network is an upcoming ICO that's doing exactly what you are talking about. They are focusing on institutions (already have a product with a few clients) to create a fixed income market for crypto. I think it's great they are focusing on big players first before retail investors as I think this will help adoption, and is also in general a better marketing strategy.

why would institutions adopt FIC though? i don't see FIC well marketed or positioned with large players for real use

It depends on the institution, but adopting FIC would be faster, cheaper, and easier to audit.

could you expand on this please?

if the goal is to become the all-star one stop solution for global fixed income, wouldn't that in essence distrupt traditional mutual funds ? i see corporate adopters shying away from this as they are investment vehicles themselves

Mm, not quite. Existing mutual funds and other investment vehicle creators benefit from the platform since they can do the same thing on FIC Network. More efficiency in terms of speed, cost, and auditability.

thx for answering i will look into FIC it seems interesting to earn interest on top of your crypto assets

[Encelad]

Personally, I see that blockchain technology will be actively used in jurisprudence, elections, economics, etc. Many professions will not be needed, the workflow will decrease. With the use of smart contracts, many processes will be automated.

[vasilvas15]

Personally, I see that blockchain technology will be actively used in jurisprudence, elections, economics, etc. Many professions will not be needed, the workflow will decrease. With the use of smart contracts, many processes will be automated.

I agree, for technology blockade the future. This technology can be implemented in any business process, and its application will greatly simplify any workflow.

[fulmetal08larz]

In my opinion, relating to banks and governments, I think GRFT has the potential to be embraced by both parties because of their project as Global Decentralized Payment processing network which eliminates the need to maintain multiple point of sale apps and wallets. I think their project has a long way to go and you could probably profit the most from it for long term.

[styca]

Here and there news reports are showing what the government and banking institutions are doing to integrate blockchain technology to keep up with the rising trend. From all the products and services being offered out there, what product or service would gain the most advantage with these developments? 

A platform coin would likely benefit, so ETH for starters. That's if these companies are serious about making efficiency and business gains through use of blockchain. I do suspect though that at least part of their interest is so they can say they have their own token, a bit like a generation ago every company was scrambling to get its own website. In either case, crypto as a whole benefits through increased exposure and mainstream adoption, and so we as token holders should also benefit.

[Eddyc]

In general, what we can conclude and define in the positive aspect with banks and governments is the possibility of growing the technological structure of the countries. In relation to crypto the great benefit is the level of demand and the level of disclosure that will automatically become massive, in the aspect of feasibility of accesses tend to increase due to the high speed in the blocks provided by Blockchain.

[okan]

Here and there news reports are showing what the government and banking institutions are doing to integrate blockchain technology to keep up with the rising trend. From all the products and services being offered out there, what product or service would gain the most advantage with these developments? 

in my opinion neither banks neither goverments cooperate with blockchains or other chains.
they all see threat blockchains to their existence.

because of this i suppose not hear a good news from goverments about blockchain

[contactmike1]

It seems to me that privacy coins and KYC verification coins will benefit more. KYC verification can be used by those banks taking up blockchain and as for privacy coins, those will be in demand due to regulation. I don't want government keep on track my activity, so I would opt for privacy coins.

[yangtinglei]

As governments and Banks develop blockchains, projects become more and more standardized. There will be a standard for ico, which will help people better understand and invest in ico.