I hope you had the chance to catch my recent interview with legendary investor Frank Holmes. We talked about the need for investors to look beyond struggling cryptocurrencies to understand the enormous potential of the blockchain – the technology "underneath" that makes crypto work.
What kind of potential? Well, I believe – conservatively – that the technology could impact some $8 trillion in global transactions
See, the world's total GDP runs at around $80 trillion a year. And blockchain tech could eventually underpin all of that buying and selling.
But I'm only assuming blockchain grabs a 10% market share of systems that have been archaic and outdated for years now.
Here's the thing. As amazing as it sounds, trillions of dollars in trade each year still relies on rickety, less-than-totally-secure computer networks and, in some cases, even paper contracts!
Thanks in part to blockchain technology, that's all about to change. In a big way.
That's why today, I want to show you four industries where blockchain technology could add security and transparency – and greatly reduce business costs. I think this could boost bottom lines to the tune of $21 billion in 2019 alone – another conservative estimate – for the innovative firms using this technology.
This is the kind of "strategic info" that could make you look smart at your office Christmas party or next family gathering.
Better yet, put it to use wisely, and it could help you pinpoint your next few triple-digit winners – and that'll be even more fun to share with friends and family.
So check it out…
About the Author
Michael A. Robinson is Defense and Tech Specialist for Money Map Press. He is a 36-year Silicon Valley veteran and one of the top technology financial analysts working today. That's because, as a consultant, senior adviser, and board member for Silicon Valley venture capital firms, Michael enjoys privileged access to pioneering CEOs, scientists, and high-profile players. And he brings this entire world of Silicon Valley "insiders" right to you...
- He was one of five people involved in early meetings for the $160 billion "cloud" computing phenomenon.
- He was there as Lee Iacocca and Roger Smith, the CEOs of Chrysler and GM, led the robotics revolution that saved the U.S. automotive industry.
- As cyber-security was becoming a focus of national security, Michael was with Dave DeWalt, the CEO of McAfee, right before Intel acquired his company for $7.8 billion.
This all means the entire world is constantly seeking Michael's insight.
In addition to being a regular guest and panelist on CNBC and Fox Business, he is also a Pulitzer Prize-nominated writer and reporter. His first book Overdrawn: The Bailout of American Savings warned people about the coming financial collapse - years before the word "bailout" became a household word.
Silicon Valley defense publications vie for his analysis. He's worked for Defense Media Network and Signal Magazine, as well as The New York Times, American Enterprise, and The Wall Street Journal.
Michael is 100% independent and receives absolutely no compensation from companies he writes about. His ideas are completely his own.
So, it probably goes without saying that you won't ever be left in the dark about breaking innovations, ahead-of-their-time technologies, and breakout companies on the cusp of changing the world once you join this world.