"Increasing profitability and, in turn, enterprise value is an enormous challenge in a stagnant, mature, or otherwise sleepy industry," says Pennington. "A company in distress needs to shift focus away from the strategies and management tactics that might have been successful during industry growth periods and instead shift to a different paradigm."
Blockchain technology could be the paradigm needed.
IBM’s Stable Coin Boosts Bitcoin And Stellar’s Prices - Benefits Of Asset-Backed Tokens | Oracle Times
IBM managed to boost Bitcoin and Stellar’s prices just recently and here’s what happened. Big Blue announced a few days ago a partnership with Stronghold which is the first digital currency backed by US dollars and traded on the Stellar Blockchain Network. It seems that this is a brand new way for IBM to make […]
Why CEOs of Circle, Coinbase, and Major Crypto Firms are Bullish on Ethereum
Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin.
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