As the world evolves, logistical challenges remain. However, with evolution also comes the advancement of technology, and blockchain could help solve these long-term challenges.
This paves the way for opportunities in the field of investment when it comes to blockchain technology. Its proliferation in the field of logistics could mean more efficient transportation of goods from one place to another.
The use of the blockchain network in logistics is already taking place in some parts of the globe. Success in emerging markets could mean adoption in developing markets, creating exponential growth for the industry.
“Startups in some Asian countries like South Korea are also experimenting with blockchain technology to make the last-mile delivery process seamless and foolproof,” said one. Contractor Item said. “They created centralized delivery platforms and corresponding messengers for order delivery using AI and smart contract-based applications.”
“A number of multinational shippers are also testing the applicability of blockchain to maintain paperless transaction records in a distributed ledger, thereby reducing the risk of trade counterfeits and payment disputes,” the article adds.
As mentioned, the growing interest in blockchain means plenty of investment opportunities in blockchain-focused exchange-traded funds (ETFs). Take into account Amplify transformational data sharing ETFs (BLOK ).
As mentioned, BLOK presents an active management strategy that can adapt to market movements by placing assets in the hands of experienced portfolio managers. BLOK adds diversified exposure and exposure to cryptocurrencies without investing in the currencies themselves.
Given the growing adoption of blockchain overseas, global exposure adds a touch of diversification to portfolios. BLOK does exactly that by reviewing opportunities outside of the United States
While the majority of the fund (75%) contains holdings in companies based in North America, the fund also diversifies with holdings in Western Europe and Asia-Pacific, investing in companies using and developing blockchain technology, the technology behind cryptocurrencies like bitcoin. This gives the fund exposure to overseas growth opportunities where this technology can be fully exploited.
By its product website, BLOK Features:
- a global portfolio of stocks of professionally selected companies involved in blockchain technology and indirect exposure to crypto.
- an active management approach that could allow the fund to remain flexible, make timely decisions, and identify companies best positioned to take advantage of the developing blockchain technology space.
- the convenience and transparency of ETFs structure.
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