[ad_1]
How blockchain can help the distribution of COVID-19 … all transactions are directed to the blockchain … how altcoins will benefit from this migration
Before starting today digest, a quick note …
Our InvestorPlace offices will be closed on Thanksgiving and Fridays so we can spend time with loved ones.
If you need help, our customer service team will be happy to help you when they return on Monday.
Tomorrow we will take a day off from digest, but we will resume on Friday.
From all of us at InvestorPlace, we wish happy thanks to you and yours.
*** The great news is that we have an effective COVID-19 vaccine
Even more than one.
The not so great news is that distributing them will be a real challenge.
Get Pfizer’s vaccine …
It requires an ultra low temperature shipping container, which must keep the vaccine between -70 and -80 degrees Celsius. These containers will be packed in a shipping bag the size of a pizza box. Dry ice will hold the temperature for about 10 days.
This 10-day shelf life means that the vaccine must be administered quickly once received at a medical facility, or the medical facility must have sufficient ultra-low temperature storage capacity.
Consider the millions of doses that will be sent in an attempt to immunize the global population. Now, think about what all those doses will mean for the required cold storage.
Unfortunately, many locations are not prepared for this.
From Stat News:
Large urban hospitals in the United States are rushing to buy expensive ultra-cold freezers to store what is likely to be the first approved Covid-19 vaccine.
But most rural hospitals can’t afford these high-end units, which means health workers and residents in those communities may have a hard time getting the shots.
Storage is just one of the challenges – there are many more.
Here is our Matt McCall explaining:
… We face the unprecedented challenge of virtually vaccinating the entire world as quickly as possible.
This will require keeping track of everything. Who was vaccinated? What vaccine did they receive? From which production batch? Where is it shipped from? Was it stored correctly?
It is a logistical puzzle perhaps greater than any other in the world.
*** Government and health officials are turning to blockchain to solve this challenge
Let’s go back to Matt:
Simply put, blockchain is the safest way to store and transfer information ever created, which makes it ideal for vaccine monitoring …
Vaccinating the entire world will require one of the most complicated supply chains ever built. Nations and the World Health Organization believe blockchain can help.
To make sure we’re all on the same page, if you’re less familiar with blockchain, you might consider it a “virtual ledger”.
Blockchain is really just a system of connected computers that record, verify and secure digital transactions. It is a series of confirmed and encrypted data, distributed in many geographic locations.
The advantage is that it is impossible to hack or forge, because the information is stored on an entire network of computers that check the authenticity of a transaction with each other. So, if a hacker breaks into a computer and alters the data, the blockchain network immediately detects the inconsistency.
So how does this benefit a global vaccine distribution effort?
From Contract Pharma:
The vaccine supply chain includes not only vaccine production, but also storage and packaging components, cold chain transit, national and global shipping, distribution and storage strategies.
In turn, pharmaceutical companies may need to use blockchain to help clean up their supply chains, which could increase transparency and improve communication with suppliers.
By incorporating blockchain, pharmaceutical companies can monitor vaccine distribution and ensure a fair and equitable process, especially as vaccine manufacturers have limits on what they can use, making procurement more complicated.
*** The benefits of the blockchain are hardly limited to pharmaceutical distribution … that’s why transactions of all kinds gravitate towards the blockchain
In Matt’s latest issue of MoneyWire, noted how all transactions are moving towards a blockchain system.
Back to Matt:
In the future, virtually everything in the world will be monitored by the blockchain.
Everything will change. The way you buy everyday goods and services … you buy a house … you pay taxes … maybe even how we will vote in the future.
This transformation is already underway, but the real seismic shift – when huge profits are made – comes when companies, consumers and large investors realize what is happening.
Matt and his Crypto Investors Network his partner, Charlie Shrem, refers to this widespread realization as “The Awakening”.
Matt wrote that blockchain won’t just be the most important thing to happen to cryptocurrencies. He and Charlie think it will be the most important thing since the mass adoption of the Internet.
This is because it is a transformation technology on a transformation platform. There is no alternative but to lead to a wholesale change.
In parallel, Matt points to electricity in his update:
The exploitation of electricity in the early 1900s transformed the world. It gave birth to our use of light bulbs, refrigerators, radios, televisions, telephones, air conditioners … the list goes on.
Electricity was the “platform” from which all those incredible innovations came to life.
The world after we tapped into electricity seemed completely different from the one before.
Matt tells us that these revolutions are rare, but when they happen, they present enormous wealth creation opportunities. It will be the same for the blockchain.
Back to Matt:
The MORE a technology changes the world for the better, the MORE revenue it will generate and the BIGGER the returns for investors.
This is why the blockchain will be so huge. This is why some high-profile insiders say it will be bigger than the internet.
It will touch virtually every sector on Earth.
*** Real examples of blockchain adoption
In the last two years Forbes created a “Blockchain 50” list.
Profiles “companies that embrace the technology behind cryptocurrencies such as bitcoin and use it to accelerate business processes, increase transparency and potentially save billions of dollars.”
From Forbes:
From instant settlement of German government bonds to verifying the provenance of diamonds mined in Africa and bringing liquidity to a small supplier of sliding shower doors in Zhongshan, China, this year’s members have largely gone beyond the theoretical benefits of blockchain. , to generate very real revenue and cost savings.
While many companies on our new list are household names like Vanguard, Square, and Microsoft, some native cryptocurrency startups like Bitfury have already met our criteria and are well on their way to becoming the blue chips of the digital age.
The list includes Amazon, Baidu, BMW, Citigroup, Credit Suisse, Daimler, Facebook, General Electric, Google, Honeywell, IBM, JPMorgan, Mastercard, Microsoft, Samsung, Tencent, T-Mobile, and even the United Nations, to name a few.
These are the world’s corporate elite. And I already agree with the blockchain. We would be foolish to ignore it.
Back to Matt:
… this massive disruption creates a once-in-a-lifetime financial opportunity for anyone acting today.
The biggest companies in the world, those with a long track record of supporting the biggest and most important trends, have just kicked off a new battle for crypto supremacy.
Companies like Apple, Microsoft, Alphabet, Amazon and Facebook are all investing billions.
As governments, companies and individuals awaken to the transformative impacts of the blockchain, it could alone drive the price of bitcoin and other select cryptocurrencies to unprecedented levels.
If you position yourself correctly, it could give you a fortune you could only dream of before.
In Crypto Investor Network, Matt and Charlie follow the world of altcoins, recommending specific and elite altcoins that are best placed to capitalize on the blockchain revolution.
In their most recent issue not even two weeks ago, they predicted bitcoin at $ 20K, which we are about to see. But they suggest that the real fireworks will be found elsewhere:
… a new all-time high above $ 20,000 could easily be around the corner. We believe it will happen in the coming months, if not sooner.
As great as it is for bitcoin, it’s even better for altcoins in the wallet.
Like bitcoin, so do altcoins, but with even greater potential. They are the software programs of the future, and it is only a matter of time until the next altcoin blast to the upside.
To find out more about the altcoins that Matt and Charlie like the most, click here.
At a minimum, keep your eyes on the blockchain. Everything will change.
Good evening,
Jeff Remsburg
