5 BLOCKCHAIN STOCKS TO INVEST IN NOW - BEFORE OTHERS REALISE!
If you’re looking to invest in blockchain and aren’t interested in pure play cryptocurrencies like Ethereum (ETH) or Cardano (ADA) then here’s 5 stocks with huge exposure to the blockchain industry that you can invest in today!
1) BOEING (BA)
Yes I’m talking about the airplane manufacturer, however the company didn’t become the world's largest aerospace business without once being at the forefront of innovation! After dominating the world of commercial jetliners, the company has since transcended into a hugely successful Defense, space, satellite & telecommunications giant!
The company continues to commit over $3b per year to research and development, a lot of which is invested through it’s own venture capital arm called Horizon X! this VC identifies start-up’s developing revolutionary concepts and therefore it’s no wonder that they recently contributed funds to the development of Skygrid – which is a a blockchain-enabled air traffic control system designed to track and communicate with drones.
The technology was recently approved by the FAA for assisting drone pilots with a better way to record and share data to reduce air traffic. When drones begin delivering our parcels or perhaps when we’re hopping in flying taxis, this technology is going to be vital and right now Boeing is the undisputed leader in this space, it’s got the tech, the network & the funding!
The computer hardware giant has struggled to grow it’s revenue and share price over the past 10 years however the emergence of blockchain technology may have just saved them with the company recently posting it’s strongest revenue growth in 3 years!
IBM has been positioning itself well within the blockchain industry since 2016 as one of the founding members of the blockchain framework “Hyperledger”. The amount of corporations committed to building the hyperledger platform has now grown to 67 and IBM has without doubt been the most impressive contributor to the success of the platform so far!
Ranked as the number supplier of blockchain Enterprise solutions in 2017, IBM’s reputation in the blockchain industry continues to grow and they’re now reportedly working with over 200 of their enterprise clients on between 5 to 600 individual blockchain projects.
IBM are clearly seen as a trustworthy figure in the blockchain industry having recently formed partnerships with government and healthcare organisations to run blockchain based Digital Health applications to assist in the management of covid-19 testing and vaccination data.
These pilot projects are a huge audition for IBM and if they do a good job at proving the benefits of blockchain technology for things like increased transparency, reduced costs and greater efficiency, then IBM is in pole position to be an instant leader in the growing blockchain industry!
3) ORACLE (ORCL)
With the database giant having launched it’s own proprietary blockchain in 2018. The offering is very similar to IBM’s cloud/blockchain hybrid product but they’re perhaps more focused on supply chain improvement.
Back in 2017, I went to a blockchain convention in Amsterdam and I met a lot of great people including a group of german guys who had just raised over a million pounds during an ICO for a supply chain project aimed at the shipping industry. It doesn’t sound like the most sexy use of blockchain technology but they were clearly on to something because having just researched Oracles current blockchain efforts, their most successful project right now is their global shipping business network which has grown to 300 customers within the Port operations and shipping container industries!
4) NOVARTIS (NOVN)
The drugmaker is a leading member of PharmaLedger which is a blockchain consortium in the EU and along with the likes of Pfizer & Astrazeneca, Novartis have committed to a 3 year project where they aim to build a scalable blockchain platform that can be used by all pharmaceutical companies in a bid to revolutionise the industry.
Novartis has also partnered with pharma giant Merck & the University of Madrid to build a blockchain solution or an app that’s designed to target counterfeit and black market medicines!
5) JP MORGAN (JPM)
In 2020 they released their own blockchain powered digital currency called the JPM coin which is essentially just a stable coin pegged to the US dollar designed to improve transaction times between banks! Essentially they’re trying to rival Ripple’s XRP token as the successor to the swift payment systems and a means of sending money instantaneously.
At the moment, JP Morgans JPM coin is being explored by around 400 of their institutional partners however the bank recently formed their own internal blockchain division called Onyx and they’re reportedly hiring hundreds of blockchain specialists to begin commercialising the technology and start bringing more products to market!
So there you go, 5 companies that are making pretty big movements within the blockchain industry and to be honest most people just aren’t aware of it! If you keep an eye out for the products that I mentioned above and you start to spot that 1 or 2 are really taking off then that could signal a huge buying opportunity. In fact, realising the potential of a product and investing in the businesses behind it before the masses is one of the best ways to make money on the stock market!
Whether you were an early subscriber to Netflix, shopping on Etsy or perhaps using Shopify for your online business – These are all excellent opportunities for you to invest in products that you understand and that you believe in and that’s really the key to making money on the stock market!
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Disclaimer: All trading involves risk. Only invest money that you can afford to lose and remember that past performance doesn’t guarantee future results. Everything posted by me is for educational purposes only. I am not a financial advisor and no information on this website or any accounts linked with myself should be considered as financial advice. Remember, all trades are at your own risk.
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