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5 Best Blockchain Stock To Buy In This Year
Blockchain is the distributed ledger technology that is often associated with
cryptocurrencies. However, over a period of time, Blockchain evolved, and now it
finds a multitude of use cases. You can find Blockchain's prominent use in
different fields like healthcare, finance, education, marketing, supply chain, and
many others. Due to Blockchain's growing prominence across different fields,
many people are now investing in Blockchain stocks. In this blog, we are going to
discuss the popular Blockchain stock options.
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5 best Blockchain stock options that you should be looking forward to in the
years to come:
1. NVIDIA- It is a leading manufacturer of GPUs. These are integral hardware of
cryptocurrency mining. The miners make use of GPUs to process transactions on
Blockchain, and they get rewarded in return. If the cryptocurrency price shoots,
then NIVIDA would be a great beneficiary from this.
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2. CANAAN (CAN)- If it is about choosing the best Blockchain sticks, you must
consider CANAAN. The company is making components that are used for mining
of cryptocurrencies. Although Bitcoin's price is low, with the shoot in the pricing,
you can expect the stock prices to go high.
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3. Square- It is a payment technology company that has two major components:
a payment processing ecosystem and Cash App for a person-to-person payment
platform. The company is also operating in stock trading, lending, and other allied
verticals. The Cash App of Square allows you to buy and sell Bitcoin easily, and it
also has a team of Bitcoin developers who come up with exciting projects of their
own.
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4. IBM- The name certainly doesn't need an introduction; it has been
working arduously in the field of Blockchain and cryptocurrency. IBM has provided
Blockchain solutions to clients like Kroger (NYSE: KR), True Tickets (a ticket
authentication company), and others. IBM is also focusing on helping customers
have a more efficient supply chain, especially in the case of a pandemic. With the
growing dependency on Blockchain-based solutions, companies working in this
field are surely going to reap the benefits, and hence choosing IBM stocks can
prove beneficial.
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5. Mastercard- Cashless economy is gaining traction. Blockchain technology has
the capacity to transform the cashless economy by providing a trusted platform for
the exchange of money. Mastercard has partnered with R3, a Blockchain
company, to streamline cross-border transactions, saving time and helping the
company gain a competitive advantage.
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Many other startups have ventured into the Blockchain vertical, and investing in
these companies' stocks can prove beneficial. If you, too, are willing to start
investing in Blockchain stocks, then you can choose from any of the above-
mentioned options. Make sure that you also study the current market scenario
before making an investment.
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Conclusion- Blockchain has the potential to impact different industries. With the
right knowledge about this technology, you can not know about the right places of
investment. Still, at the same time, you will also get a good opportunity to grow
professionally. For more such interesting updates and to pursue Blockchain
certification, connect with Blockchain Council today.
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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