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Blockchain Stocks in India

While cryptos have drawn a lot of polarising opinions, their underlying technology - the blockchain - seems to have found favor.

Blockchain is basically a distributed ledger, whose applications could revolutionise many industries.

No data stored on the blockchain can be modified or erased without all of the participants agreeing to the change. That means it protects against fraud.

What's more, the data stored on the blockchain is distributed among all participants, which takes away a single point of failure for the system.

The tamper proof and transparent nature of the blockchain technology makes it an interesting prospect for all kinds of industries.

Simply put, blockchain technology looks like it has immense potential and various use cases which are far from our imagination.

With its countless advantages, many Indian companies have started to invest in blockchain technology. Indian IT sector stocks are leading the charge.

It’s imminent that blockchain will offer countless investing opportunities in the years ahead. It will also play a key role in your future years with regards to how you work, do business, play, and operate in society.

So when looking for blockchain stocks, look for businesses that are either immune to disruption or are using blockchain as an opportunity to grow their business.

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