Corporates plan to adapt bitcoin and blockchain?

[jvdp]

A cooperative company can adapt the use of blockchain into the development of products or services in their company and won't be terrozied by the government in any way. Because blockchain  is just a new technology which I think every business should embrace. Now on the issue of adapting cryptos as a form of payment in companies depends on if the government permits the use of it.

Most of corporate are just trolling the cryptocurrency and finally invest or buy the bitcoins and play with us buddy. Really do not understand where the people stands about cryptocurrency investment and etc.
I hope all may know about move from Facebook owner and JP Morgan's move too. If all finds good then all will be make the profit when our investment is stay hold.

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[buwaytress]

One of the most critical barriers preventing large companies from using cryptocurrencies is the legal situation. Governments influence companies, even companies operating in other countries, note what happened to European companies when the United States imposed sanctions on Iran.[1]

If legal avenues paved, the international remittance platforms are the first beneficiary as transaction fee using are very cheap and faster than the traditional methods.

Followed by service companies, where one token can use for all services around the world such as a token for trains, aircraft, and others.
The use of blockchain is not limited to financial matters; it can use in electoral systems, food and pharmaceutical industries.

[1] US sanctions mean no big oil company can risk doing business with Iran, Total CEO says

This is why Bitcoin and blockchain aren't interchangeable terms, not yet in the real world, not yet in financial systems

Blockchain frenzy is not cryptocurrency frenzy, and blockchain-friendly attitudes are not necessarily transferred to Bitcoin. In fact, the majority of so-called cryptocurrency out there are nothing like Bitcoin, except that they share similar underlying technology (blockchain). Simply because they're only serving corporate interests - merely using blockchain as an upgrade of technology, not adopting cryptocurrency as an overhaul of the financial system.

What's happening in Iran is shameful, businesses all over Europe are pulling out too because of commitments to their American allies, all the while proudly adopting and furthering blockchain adoption, while systematically rejecting cryptocurrency (Bitcoin).

Perhaps Germany's recent call for a new and separate decentralised currency to sidestep future sanctions is a realisation of the hypocrisy... but that remains to be seen.

It's not just oil too. Really, you can't even send money, or share most useful technologies with Iran or Iranians, because of these sanctions. And with all the patenting going on with blockchain by sanction bloc members, it will soon be illegal even to share code with them. Idiocy, right?

[plescruslo]

When a bitcoin was about 17k$, governments started to talk about bitcoin and other crypto currencies.

However, nowadays a bitcoin is about 6k-7k$ and nobody talk about it.

Governments and corporates will understand the importance of bitcoin when its value is over 20k$, but of course they will late.

I believe they already understand its importance already and not just about bitcoin now in this context, but when concentrating on the blockchain technology at large.

We all know the impact corporate organizations has brought to the world at large and they help a whole lot when it comes to driving the economy positively, which I believe in that light, it would mean a whole lot for the huge adoption of blockchain technology as well as the space evolving the more.