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Topic: What business industry will benefit the most from cryptocurrency? (Read 487 times)

hero member
Activity: 910
Merit: 509
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?
Trade is the main engine of the economy of any country, whether external or internal. The remaining sectors only complement it. And of course the development and introduction of technology.
I think finance has been getting their share of benefits thanks to increases and decreases in bitcoin and crypto

in general because of the interest risen in people that makes them call their banks and request information about it. However aside from finance there is a lot of options for both cryptocurrency and blockchain solutions. First of all blockchain solutions have been getting more and more popular each day and getting more and more common however there has been a lot of discussion about what cryptocurrency itself can help out.

I think with mobile apps and payments with QR codes are really the play here, if they get more popular I think brick and mortar stores who are having trouble with online sales can defiantly use bitcoin and cryptocurrency to attract more and more customers easily just because of the popularity of it.
jr. member
Activity: 714
Merit: 3
Organisation's will benefit more. Followed by individual startup. The people who will lose out most is the financial space as people will keep migrating to crypto as mass adoption sets in.
jr. member
Activity: 252
Merit: 1
legislation,trading, supply chain, accountancy, the list goes on.
jr. member
Activity: 154
Merit: 1
I think that if banks start to cooperate and accept cryptocurrency, then in the future they will benefit greatly from all this
full member
Activity: 266
Merit: 100
The Premier Digital Asset Management Ecosystem
The industry that benefits most from electronic money is telecommunications. Because of the retail industry, online payment, gambling, tourism ... To use crypto requires telecommunications technology...
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
If bitcoin was adopted by every people and it becomes the main payment system then people are the one going to get more benefits as well as the people who is getting paid also whatever the industry will be because they mich save their money from using crypto currency like taxes and inflation.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
I think a better question is which industries will be displaced by Blockchain. Since Blockchain in its most basic form is an immutable ledger with distributed trust those industries that have been in the business of maintaining ledgers and using institutional trust as there main selling feature are the most vulnerable to displacement.
jr. member
Activity: 364
Merit: 3
All industries would benefit. But Those with a more challenge coming from inter country use, I means different currencies, would benefit more. For me I think the Financial and Exchange industry would benefit more. They are already benefiting from Blockchain technology. Faster transactions that are safe forms the backbone.
jr. member
Activity: 1008
Merit: 1
I have thought about this question many times and it seems to me that, like you, in the field of transport and real estate cryptocurrency will be the most popular.
full member
Activity: 476
Merit: 100
https://saturn.black
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?
Trade is the main engine of the economy of any country, whether external or internal. The remaining sectors only complement it. And of course the development and introduction of technology.
full member
Activity: 406
Merit: 100
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.
sr. member
Activity: 616
Merit: 251
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.
sr. member
Activity: 1092
Merit: 254
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.
member
Activity: 378
Merit: 10
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!
sr. member
Activity: 840
Merit: 252
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.
sr. member
Activity: 1974
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
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

member
Activity: 244
Merit: 10
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.
member
Activity: 210
Merit: 10
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.
jr. member
Activity: 294
Merit: 1
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.
copper member
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
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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