Bitcoin share price asx
Just as the bitcoin emerged from the cyber haze in bitcoin share price asx, is emerging as the year of blockchain, the underlying technology supporting cryptocurrencies.
I s blockchain another form of crypto craziness, or a more respectable iteration of bitcoin and its many cousins? As with bitcoins et al, few investors outside of the rarefied tech head world really understand how blockchain — a. Not that that will deter bitcoin share price asx. Suffice bitcoin share price asx say, blockchain a method of recording transactions securely not just in the one repository, but across the whole transaction chain.
As such, it has myriad uses unrelated to crypto currencies which currently have little utility other than supporting criminal money movements. While down-and-out minnows continue to discover a sudden interest in bitcoins, blockchain fever is starting to engulf bourses here and elsewhere.
In its new guise the company said it would seek to partner with companies developing blockchain ledgers. ASX stocks in need of an extra bounce have also been quick to sniff the breeze. Insofar as it serves a use rather than being a speculative vehicle, investing in blockchain looks to be a more sustainable strategy than the go-for-broke punt on bitcoin.
Take the logistics group Yojee YOJ, 29cwhich has developed cloud software to automate and streamline the movement of goods. For Yojee, the appeal of blockchain is that it creates an indisputable record of existence of a transaction and where the goods are in transit. This bitcoin share price asx payments can be made more quickly. But blockchain or not, Yojee is gained momentum with a number of recent overseas contracts. CEO, Ash Shilkin says.
We have grown to servicebanking customers in the US and this bitcoin share price asx will extend our reach to business to consumer and business to business banking.
Meanwhile, the obscure Ookami OOK, 7. Described as a data marketplace and digital identification platform, Brontech is all about capturing financial data directly from users, thus allowing customers to capture the monetary value of their personal information. Even The Perth Mint — which is no friend of cryptocurrencies — is mulling blockchain technology to improve the security and traceability of that traditional speculative commodity, gold.
As for the bitcoin share price asx, it will be months or years before it becomes clear who the blockchain winners are — and which ones are simply pulling the chain with investors. Put in context, this enigmatic activity will use more power than the predicted demand for electricity vehicles in The companies covered in this article unless disclosed are not current clients of Independent Investment Research IIR.
Under no circumstances have there been any bitcoin share price asx or like made by the company mentioned to either IIR or the author. The views here are not recommendations and should not be considered as general advice in terms of stock recommendations in the ordinary sense. Many readers will remember Boreham bitcoin share price asx author of the Criterion column in The Australian newspaper, for well over a decade.
Tim Boreham edits The New Criterion tim. Anton Tagliaferro Investors Mutual Limited. Wilson Asset Management Fund Manager. Patrick Poke Livewire Markets.
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