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: Check out our other podcasts here: For Investors check out: For Startups check out: For eGuides check out: For upcoming Events, check out For Feedback please contact info@tencapital.group Please , share, and leave a review. Music courtesy of .
