Post
Topic
Board Bitcoin Discussion
Re: How bitcoin is good for enterprise ?
by
Victorycoin
on 28/11/2016, 04:30:35 UTC
Nope it's not actually beneficial for enterprise because it takes about 30 minutes to 1 hour so it's very disappointing for enterprise it suits only for individuals and organizations which could afford to wait upto 1 hour for completion of the transaction.
The low transaction fees, security and a global payment network is a big plus for any enterprise. All that readily translates to cheap prices and wider market. Transaction time were designed to be spontaneous, but because the technology is still evolving and its network fast expanding, delays can set in. At any rate, that is transient.