The Reason IT Experts are Putting Their Money Towards the Blockchain
The modern-day IT sector is vast, covering many areas where investors can make significant returns. AI, machine learning, and all types of disruptive technologies present some enticing opportunities for would-be investors - but none more so than the Blockchain.
Investors globally are betting big on the blockchain. The statistics indicate that these investments will only grow stronger as more developments emerge.
The Largest Global Companies Are Already Involved
Google Ventures, the venture capital arm of Google’s parent company Alphabet, is one of the key investors in emerging technologies. They have a strong team of renowned experts and know the potential for start-up growth and market disruption.
Another strong investor in emerging technologies is the giant Goldman Sachs.
Google Ventures and Goldman Sachs are the two most active investors in blockchain technology start-ups.
Investors and IT Experts Are Investing Differently
According to Goldman Sachs, only two Blockchain investments made this past year were over $100 million. Of those top ten investments, one of them was raised with zero venture capital. Instead, the investment came from an increasingly popular crowdsourced funding technique called an Initial Coin Offering (ICO). This funding method is also being used by Etherecash to fund the development of a peer-to-peer lending blockchain application using Smart Contracts.
Whether venture capitalists will move into the ICO space remains to be seen, but as already stated by Goldman Sachs, that’s where investments are producing tidy returns.
The greater the impact blockchain can have on any industry, the bigger the returns will be.
IT experts know that the investment pay-off is the business value-add, rather than the dollar amount. In a report produced by Gartner Inc, that value-add is expected to grow to slightly above $176 billion by 2025. But, by 2030, the business value-add will exceed $3.1 trillion!
Investment in Blockchain Will Only Get Stronger
Blockchain-use cases are being proactively explored by some of the most prominent organizations in the world, including BP, Shell, Statoil and eight multinational banking groups in Europe which formed a consortium to investigate use cases for blockchain.
In a report published on HuffingtonPost.com, Brett Colbert - Solutions CTO and Vice President of Enterprise Architecture at Salesforce - who has been researching and collaborating with experts in the blockchain space for the past three years, highlights where blockchain is heading:
“Soon to be disrupted industries will include,
- Financial Services,
- Healthcare,
- Aviation,
- Global Logistics and Shipping,
- Transportation,
- Music,
- Manufacturing,
- Security,
- Media,
- Identity,
- Automotive,
- Land Use and Government.”
And That’s Why IT Experts Globally are Taking the Blockchain Seriously!
It’s only a matter of time before blockchain technology breaks out of its research stages and becomes mainstream (in fact - it’s already begun).
Currently, the team at Etherecash see tremendous investment potential, making inroads towards a blockchain prototype built on the Ethereum platform for peer to peer lending.
Using Smart Contract technology, Etherecash is progressing towards developing a platform that will simplify loan applications and approvals, reduce the risk element, speed up the process from application to approval and have lawyer backed Smart Contracts streamlined into an automated process.
Purchase our Etherecash token through our ICO from November 15th 2017. Developed on the ERC20 blockchain technology with lawyer backed contracts, to make blockchain backed lending and fund management, private and seamless.
Buy our tokens now. Visit Etherecash.io.