When we hear about blockchain, bitcoin is probably the first thing that comes to mind. That’s because bitcoin is how most of us came to know about the concept of cryptocurrencies, or blockchain for that matter.
Even though many expert investors prefer to avoid the cryptocurrency rather than dealing with all the volatility game, they (and many others who think cryptocurrency is just a temporary thing) should know that blockchain (the underlying technology in cryptocurrencies) is much bigger than bitcoin or any other cryptocurrency.
It’s the ledger technology that makes digital currencies work in a peer to peer fashion. But, it is also the technology that is being used as the driving force in many other industries such as digital security, identity protection, secure data sharing, tracking & analysis, and more.
So, even if you are afraid of investing in Cryptocurrencies, do invest in blockchain technology, which will never fail you. Here are some ways you can invest in and benefit from the blockchain without having to invest in a cryptocurrency.
- 1 The Best Ways to Invest in Blockchain
The Best Ways to Invest in Blockchain
So, now that you have decided to invest in the blockchain but do not wish to buy those highly volatile cryptocurrencies, here are your best options.
Invest in a Blockchain Company Stocks
One of the best ways to make huge profits from blockchain technology is, of course, to directly invest in the stocks of an established company that has a stake in the blockchain.
Some of the famous brands that are successfully working with or investing in blockchain are Overstock.com, MasterCard, IBM, Nvidia, among others. Having a solid presence in the market, if anyone is likely to get success in blockchain, it’s these companies.
For instance, the CEO of Overstock.com, an online retailer, has created tZERO – an SEC-regulated alternative trading system that is on its way to becoming a blockchain-based global property registry. If that happens, the company’s stocks may very well reach in line of $200-$400 a piece, experts suggest.
Similarly, MasterCard – a global credit card company – is experimenting with the use of blockchain technology for facilitating payments. Recently, the company has reportedly registered a patent that allows instant blockchain payments worldwide.
Invest in Blockchain Products
Cryptocurrency is just one of the many blockchain products or services that one can benefit from. DApp (decentralized applications), Smart Contracts, Crypto Exchanges, etc. are some of the applications of blockchain technology.
If you are interested in the blockchain but are not ready to invest in cryptocurrencies because of the unpredictable market behaviour, consider investing in a blockchain-based product or services.
Here are some ways to do it:
Invest in an existing blockchain product/service
If you come to know about an existing blockchain product or service that has high-potential and good market scope, you can consider investing in it. But, be sure to do your research to know everything about the project and whether it’s genuine. ICOs, ITOs, STOs, etc. are some good options to find out about emerging blockchain projects.
Create your own blockchain product/service
Did not find what you are looking for? Well, you can always build your own blockchain project. The options are many, such as a crypto wallet, DApp, exchange platform, etc. Find out something isn’t already available in the market and has a good demand and create it.
Invest in Digital Currencies with Use Cases
One of the problems with cryptocurrencies is their high volatility, which keeps investors from putting too much money in this market. Well, one way to solve the issue is by creating a high number of significant use cases for these digital currencies.
Taking an initiative, projects like Titan are doing just that. The Titan projects’ team is developing an ecosystem of apps that will be useful for individuals and businesses in their day-to-day tasks such as family security, sales team management, parental control, online dating, etc. and will use Titan Coin (native cryptocurrency) for payments. The team is currently focusing on promoting the apps and getting more and more people to use them, which will automatically boost the demand and use of the Titan coin, limiting its volatility.
So, if you have been so far reluctant to invest in cryptocurrencies just because of the volatility thing, maybe projects like Titan can help change your mind.
Invest in Blockchain Startups
For those who have an entrepreneur’s mindset, the best way to invest in the blockchain is to support the startups who are creating blockchain-based solutions, software and apps.
With the rise of the popularity of blockchain as a peer-to-peer, distributed ledger technology for securely storing and transferring digital information (data, currency, etc.) from one place to another, many creative individuals and professionals are looking to start their businesses, developing and launching blockchain solutions to solve the world’s problems.
As an investor, you can always consider supporting the efforts of such individuals and startups in the form of both funds and advice.
Invest in Blockchain ETFs
Blockchain exchange-traded funds (ETFs) are a safer way to make profits from the blockchain without directly investing in the stocks of blockchain companies.
Investing in blockchain ETFs involves investing in particular funds which further invest in the stocks of companies that are somehow invested in blockchain technology or benefit from it. Many of the companies in banking, finance, investing and cryptocurrency sectors are actively making use of blockchain for improving the efficiency and capability of their systems while limiting the costs.
Most of the blockchain ETFs invest only in stocks of big corporations and established companies, including the likes of IBM and Amazon Inc, so you can be assured that your funds are safe and growing.
Most people try to relate the blockchain with bitcoin, and therefore, avoid investing in anything that even sounds similar. While the blockchain is the technology that powers bitcoin and most other cryptocurrencies out there, it’s scope and potential are much beyond than digital currencies. In other words, blockchain is not the same thing as bitcoin. So, you can be completely assured when investing in blockchain technology through the ways suggested in this article.
Author Bio: This is a guest post by Puran Mal, an expert in the field of Digital Marketing & Bitcoin industry who loves to write content that is related to cryptocurrencies, ICO, technology, development, designing.