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"Cryptocurrency and blockchain technology have become incredibly popular amongst individual and institutional investors across the globe."
Blockchain is widely considered to be the next disruptive technology. As such, many believe that the crypto space is a high-potential growth area that could provide massive returns of investment.
Saving the planet, fixing healthcare, replacing conventional currency—there is apparently nothing that the shared-database technology known as blockchains can’t fix.
At least, that’s the impression given by the horde of governments, banks, entrepreneurs, and tech companies working on the technology. But what is a blockchain and why the excitement? If you’ve got 2 minutes, check out the video- WIRED can explain.
Blockchain Technology Explained
Blockchain is a promising tool that will transform parts of the IoT and enable solutions that provide greater insight into assets, operations, and supply chains. It will also transform how health records and connected medical devices store and transmit data.
We are in the infancy of a technology that has greater potential for revolutionizing technology and making a bigger impact than the coming of the internet in the 90’s. There is a use case for almost every industry.
Blockchain Explained in 5 Levels of Difficulty
The technology behind bitcoin could revolutionize these industries in the next few years
Blockchain, the vehicle of cryptocurrency, is a technology that no one can own or control but anyone can use. It has potential applications for just about any enterprise involved in record-keeping, documentation, registrations and transactions.
Get Access To The Top Performing Venture Capital & Investment Funds Focused on Early-Stage Blockchain Technology
Interested in participating in the potential breakout businesses built on blockchain that might emerge in the near future?
Experts agree that "once you get a grip on blockchain, tentative as it may feel, you'll begin to understand a force that could drive 21st century investment like nothing before it – even though blockchain is less than 10 years old."
"Coinbase will do a billion dollars in revenue this year," the blockchain companied famous for powering one of the best-known cryptocurrency exchanges. "They have more customers than Schwab" hinting to the type of change blockchain will bring to the financial sector in the years ahead.
As applications evolve, a broader range of blockchain-related investment opportunities among public companies are expected to emerge.