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Topic: What business industry will benefit the most from cryptocurrency? - page 3. (Read 576 times)

jr. member
Activity: 160
Merit: 1
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.
jr. member
Activity: 133
Merit: 1
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.
member
Activity: 560
Merit: 13
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.
copper member
Activity: 112
Merit: 0
Am 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.
member
Activity: 141
Merit: 10
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.
hero member
Activity: 1652
Merit: 569
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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.
member
Activity: 630
Merit: 10
rocket.hashbon.com
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.
member
Activity: 378
Merit: 16
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
sr. member
Activity: 644
Merit: 263
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.
member
Activity: 420
Merit: 10
I think data recovery service also good business, but it very speciefic and hard field.
hero member
Activity: 1764
Merit: 505
20BET - Premium Casino & Sportsbook
The business industry who get more benefits in Cryptocurrency is the banks,because most of the investor's,traders and Bounty hunters when they cash out fiat they need to make a transaction into the bank before they get it,and there are projects if the investor's don't have BTC or ETH to invest they allowed to use fiat and they need to deposit it into the banks before they get their tokens.
sr. member
Activity: 700
Merit: 250
the supermarket is obvious just because it will certainly be a lot who Transact performance crypto on that field. much more I think but this will also depend on whether the existing policy was ready to accept the risks with the crypto transaction that occurs. the Casino would probably be the biggest and most visible to feel the results. coupled with the growing advances in existing technologies, will provide a good influence in the cause of the communication and transportation as well as it will increasingly feel be facilitated and practical with the crypto.
member
Activity: 686
Merit: 10
logistic and supply chain industries are getting huge benefit from blockchain technology. also agriculture industry. indian prime minister also said that they are going to use blockchain for agriculture.
jr. member
Activity: 144
Merit: 4
I don't think that anyone can accurately answer that question right now. The next generation of crypto businesses are just getting started and they are more likely to be traditional companies that are integrating Blockchain technology into the way they do business and using crypto as a fast and secure medium of exchange. Keep a lookout for ShareRing as they are launching in November and likely to do well from crypto.
member
Activity: 350
Merit: 10
In my opinion, the industry that benefits most from electronic money is the telecom industry. Because of this, the very essence of crypto exists and grows in dependence on the telecommunication industry. At the same time, other industries using electronic money also depend on the telecom industry ... Thus, the telecommunications industry is closely linked to the development of the Crypto market.
member
Activity: 448
Merit: 10
In my opinion, I think that the industry that will benefit most could be in the field of a payment system and the exchange sites where they surely gain substantial profit in every transactions being made. Most of the exchange sites were doing well in this industry and a lot more ICO's are doing the same thing since it is more profitable than any of the other project platforms.
legendary
Activity: 2674
Merit: 1048
Following the bounty Signature and the bounty article, I think it is very profitable, because I already feel the great benefits of the bounty Signature and bounty articles, besides that, by taking part in these two bounties we do not need capital or free, unlike trading that must use sufficient capital big.
Did you read OP's question?
Don't waste your time making answers that are not in the context of the discussion.

full member
Activity: 406
Merit: 102
Following the bounty Signature and the bounty article, I think it is very profitable, because I already feel the great benefits of the bounty Signature and bounty articles, besides that, by taking part in these two bounties we do not need capital or free, unlike trading that must use sufficient capital big.
sr. member
Activity: 616
Merit: 256
Cryptocurrencies are forms of electronic payment via online transaction so the most benefit of this industries are those who are engage in online transaction like online store, online gambling and online trading since cryptocurrencies are still not widely acceptable to other financial institutions its application for online banking is still limited.
jr. member
Activity: 336
Merit: 6
Yes, I think if you dictate the availability, be sure that all sectors will try to race to arm the digital currency
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