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Author Topic: What business industry will benefit the most from cryptocurrency?  (Read 487 times)
bayu7adi
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October 14, 2018, 05:55:43 AM
 #41

buying and selling of export and import commodities will get a very good impact
when developers start developing their projects for expedition purposes, the payment system will become simpler and certainly will not cost a lot
must have a good relationship with the local government, so that the blockchain really can transparently make all the transactions available, so that those who do the transaction will feel more comfortable
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October 14, 2018, 06:02:41 AM
 #42

I think it will be the international business enterprise. sectors such as manufacturing and shipping. Because all transactions require a quick transfer and a lower transfer fee is required. Blockchain was born to serve such industries. Issues in international business, trade will no longer be a problem with blockchain technology. It enables businesses to transfer money faster and with cheaper fees, making the transaction and business better.

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October 14, 2018, 06:24:19 AM
 #43

buying and selling of export and import commodities will get a very good impact
when developers start developing their projects for expedition purposes, the payment system will become simpler and certainly will not cost a lot
must have a good relationship with the local government, so that the blockchain really can transparently make all the transactions available, so that those who do the transaction will feel more comfortable

Good thoughts mate, definitely as much faster the transaction happens it will benefit to maximum industries. We also need to add general stores and malls and in supermarkets as well because a queue irritates everyone. This technology is very unique it should be implemented in the entire globe for new generation.
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October 14, 2018, 11:47:38 AM
 #44

Telecommunications companies i think, Imagine almost all people have their own mobile and gadgets used daily, either in a way of communicating, surfing gaming, streaming & etc. all of these activities consumes data. What if one telcos company adopt a blockchain Technology and tokenize its platform??


I actually agree to this. I also think Telecommunications companies will thrive most. For instance, a project came up late last year and early this year called Telcoin. The concept behind the project is to make humanitarian support reach out quickly to entangled and victims of different disasters that happens occasionally in different regions of the world through telecommunications prowesses.

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October 15, 2018, 08:06:12 AM
 #45

If all of the companies are using crypto as their currency, I think the business industries which will benefit the most from cryptocurrency are any companies related to trading and traveling. Why? Because both are the most needed thing in our life. "Trading"; every single day we do many transactions, buy and sell anything. "Traveling"; every single day we go anywhere, to the school, to the office, to the market, etc.
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October 15, 2018, 04:36:16 PM
 #46

The crypto industry may unexpectedly come to the state in the form of a coherent financial system. The banking system can also be replaced by a cryptographic one.

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October 15, 2018, 04:41:20 PM
 #47

I think that in the future there will be a lot of projects that will use many tokens and coins, the whole matter will be only in human needs, it seems to me that everything will soon begin to change and we will look at this world differently
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October 15, 2018, 06:06:30 PM
 #48

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?
Definitely insurance and real estate business. I do not know what the real estate governmental part is called but the place that keeps the records of which part of the land and which flat and what not owns by who could really be imported into blockchain systems and you can keep a record of who owns what real estate and so forth via that system very easily.

Just give the ownership to someone on that system and if you want just change it on the chain itself. Would make a worlds difference for them. For insurance as well, you can make insurance claims and so forth via blockchain systems.

As long as insurance is kept on the blockchain there is no gray area, all records are there, what you have used and what you haven't used and all things in between will be kept there. It would be definitely amazing for these both business models, already been tried to do so far and it looks promising.
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October 16, 2018, 04:39:43 AM
 #49

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?
on large scale, clear only supermarkets will experience high enough profit. in conditions where the coins continue to rise and evolve naturally, this became a pretty good thing which increases nutrient coins will certainly be making enough grocery owned results doubled with many coins they have. However, this would also be detrimental when it can't play strategy with both the number of coins available.

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November 06, 2018, 08:32:45 AM
 #50

Processor providers and manufacturers. They could sell GPU for huge price and people still were ready to buy them. I consider that nVidia earned a lot.
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November 06, 2018, 08:39:13 AM
 #51

I think there are a lot of projects that are aiming to change the e-commerce industry. Moreover, the crypto industry will benefit from the variety of exchanges ICO, that were held in 2018.

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November 06, 2018, 08:57:23 AM
 #52

In fact, any business industry will benefit from cryptocurrency, the matter is in the very approach of the state where this or that business is located, since the order of regulation of interaction of cryptocurrency and business as a whole plays a crucial role.
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November 06, 2018, 09:23:37 AM
 #53

Electicity providers. It is the most obvious answer. Miners consume huge ammount of energy and it does not seem to decrease, so they are winners.
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November 06, 2018, 11:43:48 AM
 #54

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?

Gambling companies. When BTC was growing, BTC casinos earned millions every day, while people were ready to risk in completely new enviroment.
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November 06, 2018, 11:47:43 AM
 #55

Electicity providers. It is the most obvious answer. Miners consume huge ammount of energy and it does not seem to decrease, so they are winners.
I also think of the power industry first. This is undoubtedly the most profitable industry from the crypto, there are many miners and electricity is indispensable to mining. I can't think of any other industry that can profit as much as electricity


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November 06, 2018, 12:08:53 PM
 #56

It is the financial sector and the exchange trading market that embrace cryptocurrency will benefit the most from it. Industries cannot be pinpointed which of them will adopt blockchain so that cryptocurrency will be recognize, remember that cryptocurrency and blockchain are match in heaven.  So we cannot foretell anyway.
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November 06, 2018, 08:26:29 PM
 #57

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?

Energy and banking, I think. Blockchain should be used widely - I know projects such as Karate, but it's not the best time for them. I guess banking and financial systems will be first to use blockchain!
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November 06, 2018, 08:37:22 PM
 #58

Every sector and every direction of our life where we use money, data, make payments and try to make it fast, in an easy and most secured way crypto currency with Blockchain may bring lots of benefits. Of course the main prise will be for that direction where the digital payments will be used. It may be market of goods and services, gaming, banking, exchanges. In my opinion the spectre is really wide.
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November 06, 2018, 08:42:52 PM
 #59

First of all it depends on business profile model...
But mainly lower fees for transactions between two parties (international wealth transfer), logistics solutions on chain, usage of smart contracts between two parties, tokenizing valuation etc.
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November 07, 2018, 06:16:50 AM
 #60

XRP owners. There are tokens that are controlled by teams, so they get the most of profits, when token price increases. That will be my answer.
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