Post
Topic
Board Marketplace
Re: Corporates plan to adapt bitcoin and blockchain?
by
audaciousbeing
on 03/09/2018, 09:51:00 UTC

We are tend to talk about governments accepting bitcoin and other crypto currencies. We do have corporate companies who are the main source of income to all citizens of countries. Government are the first beneficiary of these companies. The country's development is depend on outsourcing. How well it would be if corporates adapt Bitcoin, other crypto currencies and blockchain?

Of course corporate organisations are the pushers of the economy remove them from the situation of things and the country begins to crumble because government cannot employ everybody and at the same time cannot provide all the services and be able to monitor it effectively.

Several companies are already studying the use and implementation of the blockchain technology in their activities especially the big ones but because of the amount of fund that it will involve and the due process large organisations pride themselves in, they need to take their time in ensuring whatever they are churning out, must be something that will work under any circumstances.

Another issue of concern is that despite the importance the corporate organisations play in the development of the country, it does not undermine the influence of government in regulation. Companies in China for example will be more careful in devoting huge funds for blockchain research compared to their counterparts in a more liberal country like the United States.