Soren K.Group made an analysis based on personal experience and observation, analyzing the future of Blockchain with two market giants, Amazon and Google:
Attached is the Daily Blockchain News recap with an example of Google's foray into Blockchain. The goal here is to introduce their own currency or be brokers of deals using their "search engine" coupons. The coupons are the gateway to their new currency. Exactly how this goes down we do nto know. This post is one example of how it could go down. The bottom line for the big tech companies is how they can lever their networks more efficently and add scale without increasing fixed cost. That comes in the form of levering existing networks with new products geared to cement loyalty. What better way to do this than to have your own money ? What will Home Depot do? WE HONOR AMAZON CASH? meanwhile the plumber, pipes, and sump pump you buy next month will all be through Amazon. And you'll get a discount by using Amazon cash on your amazon credit card.
by Soren K.Group
You can read the entire article here: BLOCKCHAIN ANALYSIS: ENTER GOOGLE, EXIT BITCOIN?
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DropNews Team
Top news of the cryptocurrency world
RELATED COVERAGE:
🔵 Ethereum based messaging app raised $44 Million
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🔵 Indorse is the Linkedin of cryptocurrencies or a competitor for Steemit?
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://itsnottheteaparty.com/2017/06/26/blockchain-enter-google-exit-bitcoin/
These companies are aware of the future of technology and strategize accordingly. Thank for sharing, will look up the full article.