Blockchain for Businesses: 5 Cryptos for Enterprises
Companies have recently realized the advantages of blockchain technology. However, at the very adoption stage, they face a number of significant obstacles which include a lack of reliability, technical difficulties during integration, privacy issues, scalability problems, difficulties in developing software, and interoperability constraints. In such a scenario, developers built up certain cryptocurrencies for businesses. What exactly are cryptos for entrepreneurs? Let’s find out below.
What are cryptos for enterprises?
Cryptos for enterprises have been specifically designed to solve the hurdles businesses face when trying to utilize blockchain technology.
They make the process of blockchain adoption cheaper and easier. With these cryptos, businesses and enterprises can host a plethora of applications over the respective blockchains thus reducing their overall operational costs. For instance, both buyers and sellers can now cut out the middleman through the use of a P2P platform. The possibilities brought up by blockchain are literally endless. Let’s take a deep dive into some of the cryptocurrencies designed for businesses.
List of Cryptos for Enterprises
There are so many cryptocurrencies geared towards businesses in the industry. However, the 5 below stood out in their respective fields. Let’s take a closer look at each coin and what it aims to do for enterprises.
- Aergo (AERGO)
Aergo is an open-source 4th generation blockchain that was designed to mitigate the hurdles faced by businesses trying to leverage public blockchains.
- Zilliqa (ZIL)
Zilliqa is described as a secure high-performance blockchain network designed for businesses with an aim of “catalyzing open commerce” through its smart contracts and low-cost transactions for cryptocurrencies.
- Unibright (UBT)
Unibright is a blockchain technology that utilizes blockchain and smart contracts to make the technology more accessible to companies.
- Harmony (ONE)
You might be wondering, “What is ONE coin?” Harmony coin, commonly referred to as ONE coin cryptocurrency, is Harmony’s native token. Harmony is a blockchain platform that enterprises can use to create dApps.
- Neblio (NEBL)
Neblio is an open-source blockchain network that’s designed for enterprise-level services and applications. It uses a PoS algorithm that secures the network through staking NEBL coin.