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With all the action on the Bitcoin front and now the hype about Blockchain, are you able to provide any insight and investment ideas of Blockchain? If this is as big as some are saying do you believe it would be worth getting involved now from an investment perspective?
Regards
A: Thanks for the question.
In regards to blockchain, many large corporates (including the banks and the ASX) are looking at blockchain and investigating the feasibility of using the technology. Personally, I haven’t quite got my head around how a distributed ledger saves cost or increases efficiency. I can see, however, that it improves security.
This all said, the market is very bullish around blockchain and believes that the technology will be widely adopted. I don’t yet know how you as an investor can participate in this.
regards
