Blockchain technology is, in itself, a very simple process that tracks the movements of a cryptocurrency such as Bitcoin. Each transaction adds a link to an ever-growing chain. They publish this chain like a very long list.
It doesn't sound so great said aloud, but this simple concept can make a huge difference in many industries.
The technology itself can be adapted for any data collection process. This makes it very useful. The possibilities are endless!
For example, a blockchain could, in theory, register someone at birth. Furthermore, as time passes, it will add chain links for medical information, forming a medical blueprint for individuals everywhere. It can even save lives. Because this technology is used on cryptocurrency, it is designed to be robust and resistant to manipulation. Perfect!
This means the data held is not only secure, but it is also accurate. It is to this end that savvy investors are placing their money in blockchain technology; simply, because one day the world will rely on it.
Right now there are 3 big companies trading on the stock exchange. They all work on blockchain technology. They go beyond the cryptocurrency and look to place the tech into more stable environments. Now is the right time to invest, as the tech is still growing.
To begin you just need to buy shares.
- Broadridge Financial Solutions, Inc. (NYSE:BR)
- Revolutionizing equity trading Nasdaq, Inc. (NASDAQ:NDAQ)
- International Business Machines Corp. (NYSE:IBM)
We are confident that these 3 will surge over the next few years. By placing blockchain technology into new markets, they can really grow. We will look forward to seeing some great results from each of them!