Challenge #1 day 2; How can we get businesses to accept STEEM as payment?

in Project HOPE4 years ago (edited)

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Users experience key to mass adoption

users experience is completely a driving factor in adoption of crypto currency a user first experience on a particular crypto project will actually determine if he would come next time and explore the network making steem a friendly users platform would be a major game changer for business users once their first experience such as making transaction, low fee fast transaction system and more are tested and given a satisfactory results to business users it will be a key points to gaining business users confidence and trust on accepting steem as payment system.

scalability a sustainable drive for mass adoption.

Scalability requires mass adoption and mass adoption requires an intuitive user experience these three features works simultaneous for Steem to be accepted as payment system it first need to be scalable which means in terms of increase it's performance in the market by introducing new available update and features that will keep business users intrigued about blockchain technology users mass adoption will be a major drive to convince business users to have no choice but to accept steem as payment system because the more users adopt steem as first choice crypto currency for making basic transaction the more chance of it being used and accepted by business users.

Increased market capitalization (users value)

One of the reason why bitcoin and ethereum have the highest crypto value and widely accepted by various merchant virtually across the globe is because the two crypto currency has a good market capitalization.

market capitalization solely depends also on users value when the use of steem as digital currency increase which is proportional to users value definitely it will be accepted as payment system for business.

Regulation.

Although steem is a decentralized payment currency which probably don't need third party interference to complete it transactions regulations from government officials will be a major drive and factor toward accepting the digital currency as payment system.

In conclusion making steem an intuitive user experience blockchain by making steem much easier for users to explore and make necessary transaction easily without have much technical issues for both new users and business platform will be a major drive toward accepting steem as payment system.
scalability of steem in terms of performance and executing fast transaction will also be a major drive market capitalization which depends on users value and regulation from financial and government officials.

Will all be a successful strategy that can be used to make #STEEM a payment accepting system for business.

Thanks my second entry for #challenge 1 #steemcryptochallenge

#steemit #steemcryptochallenge #onepercent #steemcurator01

@steemit @steemcryptochallenge @onepercent @steemcurator01
@crypto.piotr

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I particularly think that this Blockchain has everything to be among the top, because the scalability is very good, and this is a great advantage over others, but lacks momentum, really.

Thanks for stopping by really appreciate.

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