Cyberattacks have become undesirable, but as the world becomes increasingly digital and operations move online, they are now a common occurrence. The high growth potential of blockchain technology could play a pivotal role in countering cyberattacks.
There is no one specific way, but there are many ways blockchain can help defend against cyberattacks. From making it easier to understand data to enhancing existing security measures, the possibilities for blockchain in the cybersecurity space seem endless.
“Cyberattacks against critical assets will increase, and blockchain will be central to successfully fending off them.” Business Wire press release OK. “Blockchain adoption will give administrators better visibility into the procedures at various junctions in the government value chain.”
“This technology is highly beneficial in areas such as managing digital identities, regulating international financial payments, and protecting defense procurement and weapons systems,” the release added. “Furthermore, the battlefield of the future will use his computer-controlled IoT-based communication platform. Blockchain will be a key factor in encrypting and securing battlefield strategies.” .”
Gain opportunities for aggressive growth into blockchain
Passives outperformed actives during the last decade’s bull market, but the tide is starting to turn. As such, the actively managed opportunity is noteworthy, especially when it comes to touching on the high growth potential of blockchain technology.
Investors looking for active strategy opportunities can trade traded funds (ETFs). especially, Amplify Transformational Data Sharing ETF (BLOK) An option to consider.
The fund features an active management strategy that allows it to respond flexibly to market movements by entrusting its holdings to experienced portfolio managers. BLOK adds diversified and cryptocurrency exposure without investing in the currency itself.
The majority of the fund (75%) includes holdings in North America-based companies, but the fund also adds diversification through holdings in Western Europe and Asia Pacific. This will give the fund access to overseas growth opportunities that can take full advantage of blockchain technology.
The fund invests in companies affiliated with or directly investing in companies using and developing blockchain technology, the technology behind cryptocurrencies like Bitcoin.
Summary of BLOK features product website:
- A global equity portfolio of professionally selected companies involved in blockchain technology and indirect crypto exposure.
- An active management approach allows the Fund to remain flexible, make timely decisions, and identify companies that are best positioned to benefit from the developing blockchain technology space.
- Convenience and transparency of ETF structure.
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