There is a lot of noise around Blockchain technology, mostly due to Bitcoin, but now, really due to the mass volatility in the industry itself, which has the potential to create millionaires over one hot minute.
At its peak in January 2018, the total market cap of cryptocurrencies surpassed $800Bn, according to Coin Market Cap, while Bitcoin hit a high of $19,300 in December 2017. Initial coin offerings (ICOs) (which are IPOs for cryptocurrencies), exploded in popularity and exceeded $18Bn in the first 8 months of 2018, that’s right folks- billions.
Huge corporations — like Walmart— have completed blockchain pilot projects, and many more are partnering up for a piece of the blockchain pie- and it’s not just for the mega rich.
The average businessman may be a little hesitant but still there is a lot of interest around investing at crowd sales, even on a small scale and many can get into this market as entry barriers are low and timing, is pretty much everything.
Blockchain technology has far-reaching potential and investing will top $2bn over the course of the year. With a huge impact in legal, and financial contexts, it’s a good idea for business leaders to keep abreast of developments in the industry. The best way to do this, is to follow Blockchain thinkers, so here are our top five:
Bio: CyberHub USA Co-Founder and CMO, member of the National Technology Security Coalition’s Advisory Council, Investor, Public Speaker and Blockchain entrepreneur.
Why follow him?
Azar’s viewpoint on blockchain is driven by decades of experience in cyber security, financial markets, technology and investment. A pragmatic and forward thinker- Azar’s feed is a good place to start, stay and maintain a clear grip on what is going on in the market from a true professional who can see clearly how blockchain technology meets other powerful forces in the current geopolitical landscape.
Bio: Cryptographer, computer scientist, Blockchain expert, cryptocurrency, and smart contracts innovator.
Why to follow: Szabo’s contribution to blockchain technology and cryptocurrency in addition to digital contracts, is unparalleled. Some have even questioned whether he is the real ‘Satoshi Nakamoto’, which he vehemently denies.
Smart contracts, a way of trading on the blockchain, however, is definitely his baby and therefore as one of the most trusted voices in the field, it’s worth hanging on to every single tweet.
Bio: Mougayar authored ‘The Business Blockchain’, he is a venture investor, GP at Virtual Capital Ventures, on the Board of Directors of OB1, (Open Bazaarr open source protocol for peer-peer commerce. Advisor to the Ethereum foundation, an entrepreneur, speaker and thought leader.
Why follow him? Mougayar wrote the book The Business Blockchain, and is a renowned speaker on blockchain topics. He also is open about his investments in BTC, ETH and STEEM and he is very interested in the business side of blockchain.
Bio: Blockchain engineer, Founder & CEO of TruStory successful posts at Goldman Sachs, Andreessen Horowitz, Coinbase. Studied Systems Engineering @USC
Why follow her? She is fascinating, tweets well and her outstanding intelligent and analytic thinking shines through in every tweet. Bold, captivating and with a network that speaks volumes about what and who she knows in the industry, she has experience with the big guys.
She writes from a software engineers’ perspective so when combined with a financially minded tweeter like James Azar, you can get the best of both worlds.
Bio: Buterin is the founder of Ethereum, the open source blockchain platform. He is also a senior writer at Bitcoin magazine. There really isn’t a much higher authority on Blockchain, especially if you are interested in ETH, and he is only 23 years old.
Why follow him?
Buterin tweets regularly on all things Ethereum and blockchain-related, and he is very involved in the Bitcoin community, although the focus with Buterin is the ‘decentralized’ element of Blockchain technology, his tweets are inciteful along with his valuable opinion, let’s not forgot that the prodigy’s orginal project boasts a market cap of $65 bln dollars,