Satoshi Nakamoto, the founder or group of persons that launched Bitcoin (BTC) may not have thought that a day will come when institutional investors and buyers will start taking an interest in cryptocurrencies.
That shouldn’t have been expected considering the stiff regulations and kickbacks following the launch of Bitcoin in 2009.
But things change, and so do people! So, the spiked interest among institutional investors to start adopting cryptocurrencies like Bitcoin seems to be a move to usher in the use of cryptocurrencies in places they were earlier rejected.
It is one thing for institutional investors to take an interest in cryptocurrencies. It is another thing for the same institutional buyers to ride on the glory of cryptocurrencies to launch similar currencies.
That is the case with the Reed Elsevier Coin (RELX). This article analyzes the possibility of this crypto coin being a signal for institutional investors to start taking cryptocurrencies more seriously than they have.
WHAT IS REED ELSEVIER COIN?
Reed Elsevier Coin (RELX) is a cryptocurrency launched by Reed Elsevier, a leading software and logistics company in London.
The company launched the coin to be a primary or native currency that unites all the different arms of the broader Reed Elsevier company.
It wouldn’t be out of place to posit that the Reed Elsevier Coin (RELX) is a cryptocurrency that will power most of the business operations of Reed Elsevier and its partners.
The use case will also be stretched to include the employees/staff and the third-party entities that are in business partnership/collaboration with Reed Elsevier.
THE PRIORITY OF THE REED ELSEVIER COIN
The priority or aim of the Reed Elsevier Coin (RELX) is not just to be a native or primary currency for the Reed Elsevier company.
It also includes the creation of the much-needed utility that focuses on the integration and adoption of the Distributed Ledger Technology (DLT)/blockchain in the real-world business industry.
By that, we are looking at the duo of blockchain implementation and cryptocurrency payments as the two major mechanisms that will form part of the reinvented business model at Reed Elsevier.
WHAT ARE THE BENEFITS?
As an investor, you are wondering about what you stand to gain from using the Reed Elsevier Coin (RELX).
Below are some of the benefits you will get:
1- Internal Exchange
As an investor, you can use the Internal Exchange feature of Reed Elsevier to trade and swap your Reed Elsevier Coin (RELX).
If you would like to use traditional cryptocurrency trading methods, there are several cryptocurrency exchanges where you can swap your RELX to any asset class of your choice.
2- Cooperation with Arbitration
To avoid challenges and continued concerns on the part of the investors, Reed Elsevier Coin (RELX) is designated to work with arbitration so that disputes can be settled in real-time.
The Reed Elsevier Coin (RELX) will ginger and fire up institutional investors to start taking cryptocurrencies seriously – because these currencies, when rightly used, are the future standards for financial transactions.
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