You may know the blockchain as the core technology behind Bitcoin.
There are lots of blockchain solution stocks that investors are interested in.
Many investors don’t have a thorough understanding of what blockchain is or the best and appropriate way to invest in this technology.
As a new technology with the potential game-changing effects on different aspects of business, blockchain solution stocks are so fascinating.
Because of covid-19, the world is making a rapid shift to digital.
Blockchain grows faster and faster with adjacent technologies like cloud computing, artificial intelligence.
Here’s a list of top blockchain solution stocks.
NVIDIA (NASDAQ:NVDA) deals in programmable graphic-processor technologies and is inventor of the GPU.
This company creates interactive graphics on laptops, workstations, mobile devices, notebooks, PCs, and more.
In fact, GPUs are key hardware components of cryptocurrency mining.
Miners are using specialized GPUs to process transactions on the blockchain.
NVIDIA’s new cryptocurrency mining processor is specifically designed for Ethereum.
This makes NVIDIA the winner of the Ethereum Boom.
CME Group (NASDAQ:CME) is the world’s leading and most diverse derivatives marketplace, a global futures exchange in the United States for the trading of futures contracts and options on futures contracts, often called derivatives.
This marketplace is also the only exchange that creates a market for Bitcoin futures contracts.
Because the interest in Bitcoin rose in recent quarters, CME Group stands to see a rise in revenue.
Square (NYSE:SQ) as a FinTech company has two main components to its business.
First, the payment-processing ecosystem for small businesses, and second, its cash app person-to-person payment platform.
Square provides hardware and software for businesses to accept digital payments and to track and analyze the related data.
Square has its own team of bitcoin developers, known as square crypto, that has several projects of its own.
IBM (NYSE:IBM), For more than a century, has been dedicated to every client’s success and to creating innovations that matter for the world.
This company’s Blockchain solution has already provided transformative solutions for clients such as Kroger (NYSE:KR), True Tickets (a ticket authentication company), and many others companies.
For example, This blockchain solution is focusing on helping customers build more dependable supply chains.
Mastercard (NYSE:MA), is a Global Payment Technology Solutions Company.
Blockchain technology has the potential to transform the cashless payment ecosystem.
Mastercard announced a partnership with the blockchain technology company, R3, to develop a new payment system.
Also, MasterCard is going to bring cryptocurrency payment cards to market.
Amazon (NASDAQ:AMZN) is leading the world’s largest E-Commerce platform.
It also leads the cloud infrastructure service, Amazon Web Service.
This platform, AWS (Amazon Web Service), offers Amazon managed blockchain which allows customers to create and manage their own blockchain network.
In the end, we can see the huge growth in blockchain solution stocks that investors may be interested in.
It will be a smart idea to focus on the companies that will benefit from the growth of blockchain technology.