Proof Point
Cryptocurrencies can be broadly categorized as medium for exchange, platform enabler, or means to acquire services
Cryptocurrency Categories
as of May 2018
Proof Point Findings
- Cryptocurrency – Digital or virtual currency that uses cryptography to regulate generation and verify transfer, independent from any central bank
- Currency – Functions as store of value, payment system or medium of exchange (e.g. Bitcoin, Litecoin, Zcash, Monero, Dash, and Tether)
- Platform – Uses cryptocurrency to provide core infrastructure where blockchain-based applications are built (e.g. Ethereum, Ethereum Classic, NEO, NXT, Ark, and Stratis)
- Application – Works as industry or function-specific blockchain-based use-case (e.g. Ripple for cross-border remittances, Stellar for financial services, BAT for digital advertising, TRON for social media, Iota for Internet-of-Things, and Augur for predictive intelligence)
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Accelerator |
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Market Disruption |
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Sector |
Cross-sector
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Source |
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Date Last Updated |
July 3, 2018
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