Sino Adoption of Blockchain Technologies, Cryptocurrencies on Horizon
The widespread adoption of cryptocurrencies and blockchain technologies is all but inevitable. The technologies demonstrate numerous consumer and commercial advantages, particularly in logistics, international trade, and even food-safety and product anti-counterfeiting drives. As global and online commerce expands, so does the need for streamlined verification of product quality, delivery and payments, a few of the many capabilities offered by blockchain technology. An emerging leader in this space is ChineseInvestors.com (CIIX), which, among other cryptocurrency-related endeavors, recently opened a bitcoin ATM at its U.S. headquarters in California. Other companies operating in the cryptocurrency and blockchain space include MGT Capital Investments, Inc. (MGTI), Bitcoin Investment Trust (GBTC), LongFin Corp. (LFIN) and Overstock.com, Inc. (OSTK).
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