Blockchain technology is a new concept that came with the introduction of cryptocurrencies. It is a decentralized ledger that protects transactions. Every transaction that is made on this platform cannot be altered. It is duplicated on so any servers across the globe that is not possible to change information that is contained in the system. Blockchain technology can be used in many applications among them the protection of identity theft. Many people are losing money through credit card fraud among many other things due to personal information leaking and being used by criminals to commit acts of fraud. According to Paul Mampilly, an experienced financial expert for over 25 years. The blockchain technology can be used to prevent identity theft.
Mampilly has an excellent reputation for helping others create wealth by offering them information that is correct on opportunities which they can invest in and make a substantial amount of money. He is of the opinion that online accounts should be done with and replaced by blockchain technology. He suggests that embedding our information in a microchip that can be used to make transactions is the safest way of doing transactions. Although people fear the idea of carrying chips in their bodies, change sometimes becomes necessary, and according to Paul Mampilly, we are at that juncture where we need to accept that chips can change our lives. When you have information embedded in a chip, you are sure that the only way that your information can be used is through your authorization.
With the developments taking place in the tech industry, Paul Mampilly is suggesting that investors should start making investments in semi-conductors seriously. Everything that is taking place in this industry depends on these materials, and therefore their demand will keep on rising. Paul Mampilly believes that blockchain microchips will happen one day and it will be a big boost to the semiconductors industry. His advice is that investors should not go for the big companies, they should aim for the small companies. These are the companies which will offer the best returns. Paul Mampilly has been a hedge fund manager in the Wall Street and therefore he is one of the smartest experts on financial matters.
The amazing Matt Badiali gave an engaging presentation on the dangers of emotional trading and how to combat what your gut is saying…#TWSVegas #BanyanHill #Investing #Stocks #LimitOrders #EmotionalTrading pic.twitter.com/qgCahtxzoo
— Paul Mampilly (@MampillyGuru) September 20, 2018