Fundstrat reports show that Bitcoin SV is ready for enterprise usage as we are reading more about it in the latest bitcoin SV news.
BSV’s principle of sticking to the original version of Satoshi Nakamoto seems to be paying off. The independent research firm that specializes in digital currency, Fundstrat released a new assessment of Bitcoin SV and the conclusion is that it is ready for enterprise usage. In the Fundstrat Report titled BSV: Business Use Cases of The Bitcoin SV Blockchain, the CFA David Grider laid out different options of the massive scaling solutions on the blockchain and the consistent protocol that can help enterprises today. The report details the BSV vision with the four pillars of Stability, Security, Scalability, and Instant Transactions as well as the overview of the ecosystem and company profiles which are all up to date blockchain metrics.
Using these principles which were created for a digital currency that is not only fast but also offers low transaction fees, Grider noted that:
“They reduce global business challenges by re-engineering the trust models underlying internet services using publicly verifiable, immutable, user-owned blockchain data and globally enforceable smart contracts. All these innovations open the door for next gen businesses.”
The report is a reference for any company that is looking to get into the BSV space listing out of 320 companies and services that are taking advantage of the cryptocurrency with 30 protocol layers and 80 resources. It also acts as a guide with profiles on companies such as Bitboss, Kronoverse, and HER which are all aspiring companies that look at BSV as a template to get started.
It also talks up to many of the metrics which prove BSV is ready for enterprise usage which outlines how BSV scales to any blocksize it needs for the growing demand while also maintaining the lowest fees despite the decreasing demand and providing the best capabilities for data storage:
“Blockchain has moved from the idea phase to the implementation phase and businesses are now deploying novel applications. BSV’s technical decisions to date have positioned the platform with the scalability needed to service certain high throughput, enterprise applications. Growing PoCs [Proofs of Concept] and enterprise traction will offer signs of BSV’s potential.”
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