1 minute read
Growing Money
The final way that blockchain technology can add value to a business is by helping with monetization. The ways companies are making money are changing. People no longer pay attention to ads because you can now fast-forward through the commercials and online they can be ignored. Plus, the money generally goes to the site where the ad is placed, which has a tremendous impact on business.
Blockchain technology solves this problem. This is because every part of the content that is created for ads is recorded on the blockchain, which is how content creators are rewarded through cryptocurrency or fiat currency.
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Growing Money
Many experts believe that blockchain technology will become the way of the future. Cryptocurrency is rapidly increasing because people want to put their money in a place that is not only safe and secure, but that will also gain value like a savings account. However, savings accounts aren't as secure as they would like. By the end of 2017, future markets had already been created for bitcoin. That was also the year the finance industry saw a dramatic increase in Initial Coin Offerings, (ICO). In the last year, ICOs have gained more money than venture capital investments.
