What business industry will benefit the most from cryptocurrency?

[Sevarchik]

I think data recovery service also good business, but it very speciefic and hard field.

[ss890]

Crypto currencies are currencies and I guess any institute adopting this financial system will always get benefited from this. However if we go priority wise or lets say more closer fields then I guess companies like MasterCard and Visa which are payment processors in the real world will have the great opportunity via crypto world. As they are more or less into the financial stuff they will surely have the chance to get in with crypto as bold move for their company. Besides that electronic stores or malls may be accepting the crypto on larger scale as they are digital one and crypto payments would make them perfect investment. These are the two industries I believe will be the first one to accept the crypto on larger scale.

[elwiswoodie]

the industry that benefits is the currency exchange and escrow services sector. Exchangers will still benefit even if the market conditions are bad, because their income is from transaction fees made by their users. Whereas escrow, will be the third party needed, because there will be lots of cryptocurrency transactions and Smart Contract conditions that are not yet friendly, making escrow can be used as the best option to secure transactions

[sherenikaw]

I think some industries that apply crypto will take many benefits. however, probably the companies that can take more benefits from crypto are the multi international companies, ecommerce, and other international market. This will help them to ease the transaction I think.

[kentrolla]

I think some industries that apply crypto will take many benefits. however, probably the companies that can take more benefits from crypto are the multi international companies, ecommerce, and other international market. This will help them to ease the transaction I think.

There are many industries which will be benefitted by the emergence of crypto and most of them are start ups and payment related organisations as international payment transfer is the domain which has gained a lot from crypto as we no longer have to pay hefty commission charges to transfer money globally and cryptos like ripple and stellar which are based on payment platform have already been benefitted.

[popox]

Every type of business could have a benefit from crypto. It is vvery unique technology and its abilities are better and more far-sighted for the deal.

[Kofiy]

I think the financial sector will benefits more in blockchain technology innovation than any other industry. Transactions related industry like border less transfers also benefits.

[mahilchii]

the industry that benefits is the currency exchange and escrow services sector. Exchangers will still benefit even if the market conditions are bad, because their income is from transaction fees made by their users. Whereas escrow, will be the third party needed, because there will be lots of cryptocurrency transactions and Smart Contract conditions that are not yet friendly, making escrow can be used as the best option to secure transactions

You are right, the exchangers will get money at any cost. Either the value goes up or down they are benefitting for sure as transaction charges.

[annajacob92]

Military. It will have the largest benefit from this deal because they have a lot of holes in their sphere to get money in their pockets. I don't want to blame someone, but I think so.

[Answer United]

To make in attention that crypto is a way of payment, I can make a conclusion that every sphere that is connected with trading will get its own benefit.

[drants]

Early this evening I was at a friend's housewarming party and I overheard a couple of his other friends talking about cryptocurrency. Since I do not know any of them, I decided to lurk behind and listen. One of them explains what cryptocurrency is and how it works until the whole conversation turned to the industries that will benefit from it the most. The group suddenly went quiet. I think they are lost. So what do you think? If more and more companies start accepting bitcoins and altcoins as payments, which sector do you think will benefit the most from it? The first thing that came to mind is supermarkets, simply because it is the one that most people frequent to. The other thing I could think of is the automotive industry as well as real estate. But what do you think?

nice suggestions! i think pharmacy will benefit and modern medical equipment, too. surely something to do with logisitic and so on. but anyway, sooner or later all the sectors will adopt this

[adzino]

What's your reason behind those thoughts? The way price fluctuates and the volatility might cause problems for the businesses while operating. Again, lets not forget about network congestions and delay times when transactions are being confirmed. We still need to develope a lot before using crypto currencies as a form of transactions in real life.

[sotovid]

I think that online stores will win, then gambling institutions, such as slot machines and casinos. And then everything else will go on top.

[Collinberg]

The two companies that would benefit most from the integration of Cryptocurrency payments is e-commerce and gambling industries, imagine if you could use cryptocurrency to bet and if you would use it to buy groceries or general merchandice.

[ocid]

Early this evening I was at a friend's housewarming party and I overheard a couple of his other friends talking about cryptocurrency. Since I do not know any of them, I decided to lurk behind and listen. One of them explains what cryptocurrency is and how it works until the whole conversation turned to the industries that will benefit from it the most. The group suddenly went quiet. I think they are lost. So what do you think? If more and more companies start accepting bitcoins and altcoins as payments, which sector do you think will benefit the most from it? The first thing that came to mind is supermarkets, simply because it is the one that most people frequent to. The other thing I could think of is the automotive industry as well as real estate. But what do you think?

whatever form of industry that will be run and combined with crypto, the most important thing is whether the government has accepted crypto existence as a platform in the form of industry. because in my opinion the level of progress that will be gained in the crypto industry merger will work if the government has legalized the presence of crypto in the country.

[jan.nicolas]

This is a very difficult question, because today many people do not even understand what BTC or blockchain is, so it’s hard for me to say while people in general do not understand what will happen in the future with this sector. Will it be integrated

[Pline]

All industries connected with document will benefit, because via blockchain most of papers will be validated and stored.
As for supermarkets I don't know, it won't affect them directly

[bartusv]

Financial institutions, sport betting companies, gambling companies, gaming companies comes to my  mind first
that will benefit the most from blockchain technology.
In fact, any other sector can have benefit if there is a use case for using this new technology. The possibilities are countless.

[go4crypto]

While financial industry is the top pick by most, nearly all industries can benefit from cryptocurrency and its underlying blockchain technology. Just see the ICOs by category on icobench.com to see the industries covered.

[great.crypto.finansist]

The blockchain technology is wide in application and functioning. Platforms from ethereum or EOS or other altcoins are beneficial for currently existing industries, because they all constantly want to improve their work efficiency. The platform of one of the Altcoins can replace the financial system of one or several countries.