Blockchain Is Putting Bitcoin on the MAP
Blockchain Is Putting Bitcoin on the MAP by Teeka Tiwari
Here’s a riddle for you…
Take a look at the two lists below and tell me what they have in common.
- Stocks, bonds, derivatives
- Avocados, flowers, machine parts
If you’ve been following me for the past year, you may know the answer: the blockchain.
When I first started telling my subscribers about the blockchain, it was nothing more than the digital ledger for bitcoin. Its main purpose was to track cryptocurrency transactions.
But the technology has grown exponentially since then.
First, it was the finance industry that took interest in the blockchain because it’s much faster and more efficient than conducting transactions on traditional networks.
Recently, we’ve seen the retail (Walmart) and entertainment (Disney) industries get in on the act. And now the shipping industry is joining the blockchain bandwagon.
Next week, shipping giant Maersk is expected to announce it will start using IBM’s blockchain (the same one Walmart is adopting).
The ledger will track the avocados, flowers, and machine parts the company carries on its enormous cargo ships.
My friends, we’re witnessing firsthand a technology hitting its mass adoption point (MAP) in overdrive. (You can read more about the MAP cycle here.)
And as I’ve told you before, when a technology reaches its MAP, early investors make out like bandits.
We’re still early in the blockchain game. But time is running out…
More Disruptive Than Email
If you’re still not convinced about the power of the MAP cycle or even the blockchain, consider this…
The first email was sent in October 1971 on a secret government project called ARPANET.
It took two years before people realized just how powerful the invention was. By then, email had gone from virtually none to 75% of all ARPANET traffic.
Today, 2.5 billion people send 2.5 million emails per second on ARPANET’s successor—the internet.