Plus, the MIL Coin AI could enforce Know Your Customer (KYC) and Anti-Mining Laundering (AML) regulations by verifying customers and transactions. Hence, big banks and credit companies could pay a lot of money for such an AI.
Libra’s experiences justify DASH’s below the radar strategy. DASH does not deal with all the political pressure and media hysteria that could cripple Libra.
The BAT creators bet that advertisers and marketers will pay for attention to get better information about consumers and advertising use. Advertisers lack good information because today’s advertising ecosystem is inefficient and prone to fraud.
Golem plans to build the distributed supercomputer by connecting thousands or tens of computers all over the world through its blockchain.
In addition, the Gnosis team plans a new class of blockchain assets they call conditional tokens. I think the conditional tokens could be Ethereum Request for Content (ERC20) tokens that contain smart contracts linked to “conditional prediction markets.”
Interestingly, Alibaba’s income numbers are similar to Amazon’s. On 30 June 2019, Stockrow gives Amazon a quarterly net of $2.625 billion and an operating income of $3.084 billion. Hence, Alibaba’s income was slightly larger than Amazon’s income.
trangely, EOS is the better cryptocurrency from a practical standpoint. Interestingly, EOS blockchain is more scalable than either Ethereum or Bitcoin.
Presently, there only seems to be a market for USD stablecoins. However, I think there will be a demand for Euro stablecoins soon. On the other hand I cannot tell if there is a market for Yuan or Yen stablecoins.
Apple Pay will not be accepting cryptocurrency anytime soon. Indeed, Apple (NASDAQ: AAPL) has no cryptocurrency plans. The cryptocurrency press; however, claims Apple could offer a digital currency through Apple…
Taking into account the stablecoin market share, which has expanded significantly from 1% to 3% today, we have to talk about decentralized finance (DeFi) applications. These are the key to extending applicability and use cases for stablecoins.
Therefore, scalability is the key to crytpocurrency profitability and commercilization. In fact, I think all the other cryptocurrency attributes; security, privacy, anonymity, robustness, are meaningless without scalability. Additionally, the public will not use blockchain utilities like stablecoins if they are not as fast as Visa or MasterCard (NYSE: MA).
“User adoption is a key part of the strategy. Although crypto exchanges are receptive to stablecoins (and we’ve seen a large trend of adoption by exchanges) I think exchanges are identifying that there is value for themselves and their users alike by increasing the selection of stable assets that they support.”