Blockchain technology has the potential to change the way the world functions. Investors have also started focusing heavily in order to maximize their profits from blockchain technology investments.
The best part is that just like Internet or smartphone, you may not know the technicalities, and still be able to use the technologies. Same way, blockchain technology can be used by lay men. This makes the adaptability of the blockchain technology very high; making the investment potential huge.
I get a lot of queries about the best blockchain companies to invest in. So, I have done some research and prepared a list of the seven best blockchain technology companies to invest in 2020.
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BTCS:
BTCS was the leader and is one of the first US publicly traded companies in the blockchain technology ecosystem. They were also the first pure-play public company, which was focused on blockchain technology.
It looks like the safest bet to invest in.
BTL Group:
BTL Group focuses on enabling enterprises on its proprietary private blockchain platform called Interbit. This allows companies to build their own applications, which are focused on audit, trading, remittance, settlement and back office processes.
BTL Group was founded on March 28, 2011, and is headquartered in Vancouver, Canada.
Bitcoin Investment Trust:
Bitcoin Investment Trust is designed for the seasoned investors to seek exposure to the price movement of bitcoin through a simple, straightforward and traditional investment vehicle. This company addresses the challenges of buying, storing and safekeeping of large amounts of bitcoins as an investment.
Its shares are the first publicly-quoted securities exclusively invested in and deriving value from the price of bitcoin.
Global Arena Holding Inc. (GAHI):
Global Arena Holding Inc. (GAHI) is a holding company with businesses concentrated on financial services and software technologies. It acquires patents, technologies and companies with the competence to leverage the blockchain technology applications.
GAHI also provides technology-enabled election services through Global Election Services Inc. (GES), which mainly targets labour associations. In the same way GAHI is also considering applying blockchain technology to ATMs.
First Bitcoin Capital:
First Bitcoin Capital was the first publicly traded blockchain company. It provides its shareholders with varied exposure to digital currencies and blockchain technologies. Its shares are both traded over-the-counter (OTC) in the US Markets as BITCF and as BIT in crypto-exchanges.
DigitalX Ltd.:
DigitalX Ltd. Has developed a suite of software solutions using blockchain technology with the usage of its secure ledger system to create products for global organizations and consumers. These are specially designed to meet the challenges of running global organizations operating in different countries.
DigitalX Ltd. has developed a mobile product called AirPocket, which helps in securing cross-border payments from different locations in more than 30,000 payout locations and in 14 countries mainly located in North and South America.
The company is also listed in Australian Securities Exchange (ASE).
Coinsilium Group:
This is a London based company serving UK customers. It is a venture creator, investor and accelerator supporting early-stage blockchain products and services. Coinsilium Group has been providing services since 2014.
The Coinsilium Group invests in and supports companies, which are involved in blockchain technology and digital currency economy, assisting in new fin-tech apps.
The Coinsilium Group is listed on the NEX Exchange, according to the Financial Services and Markets Act 2000.
Conclusion:
Blockchain technology is emerging as the game-changer for innumerable operational processes, in various types of businesses. Although best known for its usage in cryptocurrency, and mainly known for Bitcoin, there are several varied usages that blockchain technology can be applied to.
The potential of blockchain technology is tremendously innovative with its vast applications. These will be soon visible right from telecommunications to content management and marketing.
Since the blockchain technology is still in its infancy, the risk of failure is quite high, but so are the rewards. So, I feel that this is the right time to invest in blockchain technology companies so that a rich harvest can be reaped later.
