Blockchain will help ' Push ' the next industrial revolution

One of the biggest Wall Street Bull see blockchain played a major role as a driving force of economic growth.

Blockchain can still be considered as a new technology, but portfolio managers Federated Investors, Steve Chiavarone folding electronic system, which records the transaction cryptocurrency, into its stock market forecasts.

"This will be one of the five main technology, in conjunction with automation, robotics, A.I. (artificial intelligence) and the internet is the stuff that pushes the next industrial revolution," he did not let the ' pain ' is a growing time This gripping the market cryptocurrency affecting the view bullishnya.

Bitcoin, which has been referred to as crypto world, FANG's shares have struggled to break the level $10,000 – just a few months after reaching a record price of only $20,000 in the month of December.
In fact, the Chiavarone see FANG, which included the names of top technology Facebook, Amazon, Netflix, and Google [Alphabet], ultimately benefit from processing power – as well as the blockchain area from health care to finance.

"Many investors went to the bitcoin it first because it is the first way to access blockchain," added Chiavarone. "Look, the big banks are investing in this. Bank of America boast at Davos earlier this year that they invest the most. "

Chiavarone believe in technology blockchain due to potentially change the reconciliation, the Act of verifying the account balance in corporate America.
"It has the ability to replace the reconciliation, which is expensive and requires back office and time, as well as document verification with faster,
"What that means is the company can have a more efficient supply chain. They can reduce the costs of Office and head office costs, "said Chiavarone. "And, it will allow the business to flow more efficiently and enables cost savings and a clean cut is passed."