Enterprise Blockchain Implementation | What is the Most Impactful Cryptocurrency?

Blockchains are not limited to financial fields such as virtual currency and crypto assets, and are being explored for use in various other industries and business types. These efforts will transcend the boundaries of Fintech and emerge as new technologies and services in the 21st century.
With the progress of such blockchains, isn’t the influence on each virtual currency that investors care about? Until now, the more companies that used blockchains, the more they were perceived as having a positive impact on the overall market for cryptographic assets.
Then, specifically, which issue can be best benefited from it? If there are many companies that make use of a particular blockchain, you will likely find the answer.
This time, referring to the use cases of blockchains, we will announce the top three virtual currencies that are most likely to affect prices in the future.

Amazon and IBM also enter the blockchain industry! The price of virtual currency also changes!

While Amazon offers the cloud service Amazon Web Service (AWS), it announced that the new service which utilized blockchain was made public in that. The name is Amazon Managed Blockchain (AMB).
(Reference:  CryptoTimes, 2019/5/3, Amazon Web Services (AWS) makes the fully managed blockchain service publicly available)
Now various companies around the world are aiming to introduce blockchains, and new services and systems are being developed. On the other hand, its introduction requires funding and know-how. The reason why many blockchain companies are large companies is that they can leverage their wealth of funds and connections.
So, when small and medium enterprises and small businesses introduce blockchains, do they have to give up their implementation in terms of funding and relationships between companies?
The answer is no. Amazon’s blockchain service means that anyone can build a blockchain network for such small and medium enterprises. AMB mainly uses Ethereum’s framework so that it can be easily configured and managed without blockchain knowledge and know-how.
In addition to Amazon, there are many companies that actively use blockchains for new businesses. A typical example is IBM.
IBM is combining blockchains with trading to create a completely different network than ever before. In the traditional trading business, multiple businesses (customs, shipping companies, etc.) are intertwined, and most of them are cumbersome and analog procedures and practices.
Therefore, it is possible to store the information and materials of such trade business on the blockchain, and anyone who is involved can refer and access the data. Even if you try to tamper with the information on the chain, you need to change all the past data, so you can feel secure.
If we can build a network among all the traders involved, it means that we can simplify the complicated procedures so far and reduce costs in terms of time and money.
Thus, the blockchain utilization area has already jumped over the financial sector and is starting to attract attention in IT, real estate, insurance, medical care, trade, gambling and a wide range of other fields. And when using blockchains, many use crypto assets (virtual currency) together.
In other words, by knowing what kind of virtual currency is used among the blockchain usage cases, it will be possible to gain a large profit when demand rises in the future. In the next section, we will examine its promising potential virtual currency.

What is a promising virtual currency with blockchain utilization?

For companies that use blockchains, the Forbes article published on April 16, 2019 is helpful. It is the topic of Forbes by announcing a number of top rankings, but on the day of the day, we announced the survey results under the name of “50 blockchain companies.”
(Reference: Forbes, 2019/4/16, Blockchain 50: Billion Dollar Babies)

Among them, specific examples of how specific companies use blockchains and what kind of services they will provide will be introduced, so “what kind of virtual currency will be used at the same time?” I can understand.
Let’s introduce three high-potential brands using blockchains.

1st place: Ethereum (ETH)

By increasing the number of blockchain companies, it is possible to predict the value improvement of Ethereum first. Ethereum is a company that makes use of its network because anyone can develop tokens and apps.
Companies that make use of Ethereum’s blockchain are:
・ Coinbase: Blockchain research and consulting
・ Fidelity: Blockchain research investment
・ Google: Blockchain analysis tool; Etc.
Ethereum’s blockchain is characterized by its versatility. On the other hand, many companies that use the technology often try to create new services in the B2B (business-to-business transaction) field, such as analysis and research.
It can be expected that ETH will be increasingly used to distribute and promote these services, and at the same time, the value itself of Ethereum will improve.

2nd place: Bitcoin (BTC)

Bitcoin is characterized by a market capitalization that accounts for about 60% of the whole market as the base currency of a virtual currency, and an overwhelming amount of trade. By using the blockchain, it is possible to build a network system with high security and low liquidity risk.
Here are some companies that want to leverage Bitcoin’s blockchain:
・ Overstock: Blockchain type distributed social network service (SNS)
・ BitFury: Optimized medical system for storing patient data in block chain etc.
When using the Bitcoin blockchain, aspects such as transaction speed delays and problems are pointed out. However, it is not strange to realize growth beyond the previous one, as Segwit, Lightning Network, and other means for solving problems have already been put into practice.

3rd place: Ripple (XRP) / Stella (XLM)

Ripple plans to use blockchains centered on more than 100 financial institutions worldwide, such as SBI Holdings and Santander Bank. Stella is also working with IBM to develop new services in the international money transfer market.
With the Ethereum and Bitcoin blockchains, their currencies (ETH and BTC) should be used indirectly, while Ripple and Stella should be used directly. For example, it has been experimented that the current legal currency is exchanged at a financial institution for XRP, and it is converted to a legal currency such as the US dollar for international remittance.
Companies that use this blockchain are limited to some financial institutions, but they can be said to have high potential in terms of directly affecting the currency value.


The interesting thing about cryptographic assets is that every crypto has a basic system called a “blockchain”. Therefore, unlike equity investments and FX, technological progress directly affects currency value.
When examining the potential of each crypto, it is essential to analyze each feature and business model. On the other hand, what kind of company is trying to utilize which blockchain to use for a little further, will also be a judgment material for considering the future.