Startup Funding Espresso – Business Models for Blockchain

Business Models for Blockchain Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Traditional businesses provide a product/service and earn profit from the sales. These businesses are in manufacturing, distribution, or retailing. Blockchain uses a different business model due to the decentralized nature of the network. Here are the key business models: Blockchain as a service -- provides the blockchain for others to use to further their community goals. Ethereum is an example of a blockchain as a service which provides the network and infrastructure for running applications. Tokens as a utility -- this business model uses tokens to provide utility to the user. An example is a network using tokens to provide fund transfers. Blockchain-based tools -- this business model uses blockchain to provide a specific service. An example is a blockchain-based system that tracks real estate ownership. Blockchain as storage -- this business model uses blockchain for storing information and data. An example is a data storage company offering a blockchain-based product for storing data. Blockchain services -- this business model provides services related to blockchain development. An example is an engineer who codes smart contracts for blockchain-based applications. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.