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Topic: How does blockchain make money, what economic prospect? (Read 62 times)

member
Activity: 133
Merit: 22
The blockchain has become the Internet of the financial world, and the banking industry is so concerned. How can the companies that do blockchain technology make money? Earning technical service fee?
This is just a technology, like our service industry. It is an invisible service,and it sells intangible products, the blockchain is also an invisible technology. It is only used in every service Industry, its prospects lie in the application.
member
Activity: 97
Merit: 12
To provide customers with blockchain solutions for their business scenarios, to provide customers with blockchain technology training, or to provide support for blockchain professionals, ie human resource outsourcing in blockchain projects.
As a technical means, in addition to someone mentioned using this technology to find a job, looking for financing outside. The main economic prospects lie in the application.
hero member
Activity: 1834
Merit: 759
The blockchain has become the Internet of the financial world, and the banking industry is so concerned.

The banking industry isn't concerned with the rise of blockchain technology if you're talking about it in a context where they're worried. They're actually embracing it. A blockchain based system would reduce their costs by eliminating the need to confirm authenticity. You can read more here:

https://bravenewcoin.com/news/why-blockchain-will-revolutionize-the-banking-industry/

How can the companies that do blockchain technology make money? Earning technical service fee?

They can be paid for crafting a blockchain system specifically for their clients' needs, much like how software developers create internal software for companies.
legendary
Activity: 1218
Merit: 1007
The blockchain has become the Internet of the financial world, and the banking industry is so concerned. How can the companies that do blockchain technology make money? Earning technical service fee?
The big thing for the companies that are developing various other platforms or pieces of software through the blockchain comes down to doing what I just said: developing. They know the base tool they're going to work with and they know what their client wants, thus they find some way to combine the two and get paid for their work. The blockchain is inherently nothing of value other than being a nifty technology. It's the use of it and the specialization in how to use it is the way to make money off of it. It's like manufacturing. You have the base material but it's not inherently useful until turned into the finished good.
member
Activity: 102
Merit: 19
Mint: the use of blockchain technology to solve some of the traditional problems; mining: to help the coinage team to produce tokens; outsourcing: to provide technical solutions, in the field of research and development, there is a model for some non-blockchain technical capabilities of the team Provide blockchain solutions.
member
Activity: 102
Merit: 13
To provide customers with blockchain solutions for their business scenarios, to provide customers with blockchain technology training, or to provide support for blockchain professionals, ie human resource outsourcing in blockchain projects.
member
Activity: 107
Merit: 14
Simply put my point of view, in fact, for ordinary people, blockchain to make money can not be separated from bitcoin, and bitcoin to make money is nothing more than three roads.
1) mining, that is, producers, will dig the bitcoin to the platform to sell;
2) moving bricks, that cross-platform arbitrageurs, removed in various trading platforms to earn the difference between platforms;
3) speculation, can be short-term or long-term. With the volatility of the price, earn the difference by buying and selling. Again, even in the currency market, even if you are a long-term speculator, you have to look at yourself as a speculator or you will lose money.
member
Activity: 110
Merit: 13
The blockchain has become the Internet of the financial world, and the banking industry is so concerned. How can the companies that do blockchain technology make money? Earning technical service fee?
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