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Nov 1 21 tweets 7 min read
THE BEST #BLOCKCHAIN COMPANIES TO INVEST IN

🔸What is Blockchain Technology
🔸10 x Great Blockchain Companies to Invest in

We dive deeper into this in the thread below
🧵🧵👇👇
What Is Blockchain Technology?

It is a type of database that is both public & decentralized

Each “block” in a blockchain is a data structure & is recognized by a cryptographic “hash” and timestamp

It is almost impossible to alter/delete anything that has already been added
The blocks make up the chain & the data they contain is kept in a public database

Blocks include information on a transaction, such as cost/date/time & the digital signatures of those involved

Info on the blockchain can be accessed by anybody
Top Blockchain Companies To Invest In

#Nvidia

🔸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
#Coinbase Global, Inc.

🔸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 Check out our previous article with Brian Armstrong: https:/
#Block, Inc. (Previously Square)

🔸Tech company with a focus on financial services

🔸Composed of various organizations, including Square, Cash App, Spiral, TIDAL & TBD54566975

🔸Block develops tools to expand economic participation
#Oracle

🔸Computer tech company

🔸Offers easy ways to adopt blockchain technology

🔸Capable of executing smart contracts while maintaining an immutable distributed ledger

🔸Supported by an open-source Hyperledger Fabric which enables the dev of safe & verifiable dex apps
#PayPal

🔸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

🔸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
#HIVE Blockchain Technologies Ltd

🔸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
#Robinhood Markets, Inc

🔸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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More from @RR2Capital

Aug 18
THE ETHEREUM MERGE: WHAT YOU NEED TO KNOW

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
🧵👇 Image
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
Read 16 tweets

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