No. 1 Trade for the 2021 Blockchain Boom
I’m looking ahead to 2021 — the year of the blockchain boom!
Blockchain is a key element behind cryptocurrencies like bitcoin.
As America 2.0 pushes forward into the new age of finance, blockchain will be more crucial than ever. It’s about to get a HUGE boost from my three R’s.
You can get my full blockchain action plan for the Fourth Industrial Revolution here.
And there’s one way you can invest in the blockchain boom today and boost your portfolio’s gains for 2021. Watch it all here:
Ride This Coming Blockchain Boom
Bold Profits Nation it is time to get ready for a supply chain digital transformation like no other, taking off in 2021 and beyond.
I’m referring to blockchain technology.
And I will share the #1 trade to ride this coming blockchain boom.
If you’ve been following us, you know about Paul’s 3R forecast for the America 2.0 economy.
The 3Rs are Restock, Reinventory & Reshore.
And this forecast is alive and well.
I’m focusing on the 3rd R in Paul’s forecast, Reshore.
What is “Reshore”?
Forward looking U.S. businesses are now more interested than ever in manufacturing goods here in the U.S. using America 2.0 technology like robotics, 3D printers, photonics which is semiconductor light type technology used in applications like sensors for consumer electronics -think LIDAR that helps autonomous vehicles navigate roadways AND simulation software which helps businesses design equipment via Virtual Reality & computer software before making a final physical product. This next generation U.S. manufacturing reshoring will require more cutting-edge technology like cloud software and cloud storage which will lead the way to further adoption of blockchain technology.
As Paul sees it, over the next decade we will see rising growth for all the things that constitute this reshoring. It’s very much the Fourth Industrial Revolution. That’s where we’re going, Bold Profits Nation. This tech will be implemented in the U.S. and Paul and the Bold Profits team is still very much #BOP (bullish optimistic positive) on all things America 2.0.
So, as you can see in this infographic, Blockchain technology can be applied to every industry. From Energy to Retail, the opportunities for blockchain are boundless.
By definition, a blockchain is quote a digital record of transactions. The name comes from its structure, in which individual records, called blocks, are linked together in single list, called a chain. Blockchains are used for recording transactions made with cryptocurrencies, such as Bitcoin, and have many other applications. The blockchain network has no central authority — it is the very definition of a democratized system. Since it is a shared and immutable ledger, the information in it is open for anyone and everyone to see. Hence, anything that is built on the blockchain is by its very nature transparent and everyone involved is accountable for their actions. end quote
For a closer look at the blockchain infographic, one major industry, Supply Chain, is integral to reshoring and America 2.0 manufacturing. As the graphics states, by utilizing a distributed ledger, companies w/i a supply chain gain transparency into shipment tracking, deliveries, and progress among other suppliers where no inherent trust exists.
And most notably, per Cointelegraph, IBM’s blockchain general manager now predicts 30% of enterprising blockchain projects will be moving into production in 2021.
Quote, “Due to the increased strain that the pandemic put on supply chains, clients are finding there is a dire need to accelerate their digital transformation to emerge stronger than before. We are seeing both expansions of existing blockchain projects and new ones.”
2 Ways to Play the 2021 Blockchain Boom
#1. buy shares in the Amplify Transformation Data Sharing ETF, ticker BLOK. BLOK invest at least 80% of its net assets in publicly traded companies actively involved in the dev’t and utilization of blockchain technologies.
#2. Click the link in the description section of this YT video to learn more about Paul Mampilly’s bullish take on Blockchain technology and claim your Blockchain Action Plan through his Profits Unlimited investing research service.
U.S. Economics Week Ahead
Finally, turning toward the U.S. economic calendar week ahead: There will be 5 major economic releases. On Wed. wkly mtge apps will post at 7am. On Thurs. the Oct. Consumer Price Index or CPI MoM and weekly jobless claims will post at 8:30am. And on Fri. Oct. Producer Price Index or PPI final demand and Nov.’s Prelim. U. of Michigan Sentiment reading will post at 8:30am and 10am, respectively. Of these releases we’ll be watching the U. of Michigan sentiment reading. Until next time, Take Care!
Editor, Profits Unlimited
P.S. Blockchain technology could disrupt EVERY industry on the planet! Voting, banking, health care, cars … These industries will never be the same. And the opportunity for you to invest today — in my opinion — is once in a lifetime. The Fourth Industrial Revolution is here! Get the stocks that will transform America. Be bold. See all the details about blockchain’s boom here.