Crypto-based company's partnership their role.

Every financial institution we see today doesn't stand out all by itself there has to be some external source where monetary value can be generated this source would serve as a booster in times of financial crisis.
One man can not make an island which means similarly to have a good cash flow system you would need an additional source of income this will help in leveraging and securing one's spending.

Some countries depend on their natural resources while others it technologies and tourism are their external main source of generating income which brings value to the local base money.

Companies that wish to be independent and need no external support/partnering are more likely to go bankrupt.

Blockchain technology partnering

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What would have been the fate of mining technology in blockchain if the likes of highly reputable companies like bitmain, bolon miners and more haven't ventured into chips and ASIC mining block mining hardware manufacturing used for mining Bitcoin and other cryptocurrencies.

I guess Satoshi Nakamoto had foreseen his development and created an open-source decentralized blockchain where developers can chip in ideas which can improve the network scalability in future, this simple idea made it possible for advance companies integrate their technical know how to take proper advantage of blockchain technology with their support and interest on blockchain more user value is created making crypto adoption more valuable to subordinate investors/institution.

Any investor who is venturing into the crypto space or looking for any token to put his saving into take the project partnership into consideration.
In must project, a list of partnering companies supporting such projects is always listed this helps/creates confidence for investors to understand such projects have strong financial backing which will create monetary value for the project/token.

Let's take a look at blockchain-based projects like the ethereum blockchain.

Below are few list of partnering companies that are supporting/backing the project.

  1. Amazon Web Services
  2. Amalto
  3. BNP Paribas
  4. Ciox Health
  5. Citigroup
  6. Comcast
  7. Fidelity
  8. Foxconn
  9. Google
  10. Hewlett-Packard Enterprise
  11. HTC
  12. Intel
  13. JP Morgan Chase
  14. Microsoft
  15. Overstock
  16. Samsung
  17. Siemens
  18. Signature Bank
  19. UBS
  20. VMware
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Investors willing to start holding ethereum coin would be having less doubt about the project credibility seeing such a great list of companies partnering with the project.

Note for every investment step taken an investor is always advised to thoroughly examine such project credibility in terms of financial backing from recognized companies/partners check project whitepaper and what problem such project is solving.

Although while searching for potential tokens to buy most investors don't take partnership of such project into proper consideration several new projects get dump due to improper funding.

Companies' partnership role, in essence, build and develop user's confidence by creating a transparent bridge for small and large investors to increase trust for any mention blockchain project.

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