🔸They design & produce Graphic Processing Units
🔸Essential component in areas such as blockchain, mining, Artificial Intelligence, gaming etc.
🔸Nvidia will play a huge role in supplying the processing power for the #Metaverse
🔸Largest #Crypto exchange in the US 🇺🇸
🔸Founded in 2012
🔸Listed on the Nasdaq in 2021
🔸Use = buying/selling/transferring & storing crypto
🔸Has 103 million users & 14,500 institutions
🔸Supports over 100 countries
🔸Online payment platform to send & receive money
🔸Processes $2.5 billion in payments each day
🔸Led a $300 mill investment round for Blockchain Capital, a crypto VC firm, in 2021
🔸Developing own #StableCoin
🔸Can purchase products with crypto on platform
🔸IBM Blockchain officially introduced to the world in 2017
🔸IBM Blockchain helps businesses leverage the potential of blockchain technology by providing personalized blockchain solutions
🔸IBM Blockchain is collaborating with over 500 different blockchain projects
Riot Blockchain, Inc
🔸One of largest US based publicly traded BTC miners
🔸Establishing large-scale mining operations in the US
🔸13% stake in Coinsquare Ltd - 🇨🇦 Crypto Exchange
🔸Has a $1.1 billion market cap as at Sep 2022
Marathon Digital Holdings
🔸Digital asset technology firm located in the US
🔸Engages in #mining cryptos with a focus on the blockchain ecosystem & creation of digital assets
🔸Goal -to construct the most productive mining operation in the US
🔸First publicly traded crypto miner, listing on the Toronto Venture Exchange in 2017
🔸HIVE uses 100% green energy to mine $BTC
🔸In 2022, HIVE mined 2,368 BTC & 32,397 $ETH
🔸Operates a financial services platform in the US
🔸Users can invest in a variety of financial assets
🔸In 2021, Robinhood generated $1.81 bill in revenue
🔸Currently has an active user base of around 15.9 mill
What Are The Benefits Of Blockchain Technology?
🔸Advanced security
🔸Better transparency
🔸Improved speed and efficiency
🔸Automation
Practical Applications Of Blockchain Technology
Payments
🔸Businesses can bypass traditional intermediaries like banks/financial organizations
🔸The tech enables smart contracts, which self execute blockchain based contracts that automatically carry out their terms
Supply Chain Management
🔸Problems with product tracking, inventory management & product id can be addressed using blockchain technology
🔸Sharing information with suppliers & manufacturers would be simplified through the use of blockchain tech
Electronic Voting
🔸History has proven that voting is prone to corruption
🔸Governments are considering using voting platforms that are based on blockchain technology
🔸Blockchain voting has the potential to reduce the risk of corruption in elections
Healthcare
🔸An advantage is the increased security of patient records
🔸Doctors/pharmacists need access to trustworthy electronic medical records
🔸Blockchain tech can be used to safely maintain patient records on a global scale reducing instances of incorrect diagnosis
Travel
🔸The technology’s promising applications in the travel industry include authentication systems, transparent financial transactions, and loyalty programs
🔸Insurance records would also remain transparent even when travelling globally
RR² Capital is a Lisbon-based VC firm empowering the ‘new internet'
RR² Capital has a portfolio of more than 140 investments in 2022 reporting returns of 1,011%
For more info about RR² Capital and our expansive disruptive technology-focused investment portfolio, drop us a DM
For the full article on the Top Blockchain Companies to Invest in, click on the following link - rr2.capital/the-best-block…
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ETH 2.0, The Triple Halving is coming! What you need to know:
- The Merge defined?
- Why is it happening?
- What could it mean for ETH price?
- What do you need to do?
Check Thread below
🧵👇
1/14
The Ethereum Network currently runs an energy intensive Proof-of-Work (PoW) consensus. Through The Merge, however, the Ethereum Network will switch to a more sustainable Proof-of-Stake. (PoS)
No more mining! Staked ETH will be used to validate transactions with PoS
2/14
Why Is The Ethereum Network Moving Away From Proof-of-Work?
- Energy Consumption
- 51% Attacks
- Centralization
These are some of the key reasons the Ethereum Network is moving to a Proof of Stake consensus