Companies to play the Bitcoin and Blockchain boom. My goal in this article is a very brief summary of what are Blockchain, Cryptocurrencies and Bitcoin.
Next I will outline some options to invest in. Finally, in the conclusion, I will give my views on the sector, and why you should consider investing despite the current crypto bubble/mania.
A blockchain is a decentralized digital ledger, which is a continuously growing list of records, called blocks, which are linked and secured using cryptography. You can read more here.
Being “decentralized,” it is not controlled by a central body, as is the case with the current fiat currencies (USD etc.). Cryptocurrencies are digital currencies.
They use “cryptography” (encryption) to secure the transactions, to control the creation of additional units, and to verify the transfer of assets. The digital ledger (recordings) of these transactions is called the “blockchain”. Read more from seekingalpha.com…
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