Making Money on a #blockchain
▻https://hackernoon.com/making-money-on-a-blockchain-9f53526f78c9?source=rss----3a8144eabfe3---4
This is to open a discussion about how companies can make money using blockchain technology which is, in essence, open source software and/or protocols. As an analogy, think going back to the early 1990s to discuss how companies could make money from TCP/IP.BlockchainInstead of discussing what the blockchain technology is, let’s focus on what this tech enables, on its key functionality: the ability to record cryptographic proof of any piece of information (a document, a transaction, an account balance) into an immutable, shared database. This is only useful in the context of more than one entity needing the information; when there’s an interaction between two or more parties. In such context, the blockchain technology enables verification of information that does not need a trusted third (...)
#startup #cryptocurrency-investment #cryptocurrency #blockchain-startup