On The Starting Blocks
Money Magazine Australia|May 2018

On The Starting Blocks

- Susan Hely
On The Starting Blocks

One of the technology buzzwords being championed by around 20 companies listed on the ASX is “blockchain”. This is the game-changing technology that was designed in 2009 to support the virtual currency Bitcoin. And it is popping up in all sorts of places.

More entrepreneurs are hailing the potential of blockchain to overhaul their technology, claiming it will save the company money to give clients a better experience and provide more security for data and personal details. Blockchain, it seems, can fix a wide range of issues.

Until recently the only way for investors to gain access to blockchain technology was through cryptocurrencies and initial coin offerings (ICOs). But the volatility of cryptocurrencies is too extreme for many investors, not to mention the lack of prudential regulation.

Listed companies using blockchain give investors another way to invest in the technology that allows information to be stored and exchanged by a network of computers without any central authority, making it harder for data to be altered or hacked.

But because blockchain is an evolving technology, some companies are still in the testing phase and not actually using it in their business. They are more speculative operations with little cash flow and no profit. Take a close look at the financials if you are thinking of investing.

この蚘事は Money Magazine Australia の May 2018 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Money Magazine Australia の May 2018 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

MONEY MAGAZINE AUSTRALIAのその他の蚘事すべお衚瀺
An outrageous, beautiful monopoly
Money Magazine Australia

An outrageous, beautiful monopoly

Telstra's mobile business is a cash machine with few competitors, giving it the highest returns in the world.

time-read
4 分  |
July 2024
Drop the anchor to judge value
Money Magazine Australia

Drop the anchor to judge value

Buying and selling decisions should be based on where a stock price is going, not where it has been.

time-read
3 分  |
July 2024
Powering the AI boom
Money Magazine Australia

Powering the AI boom

Beyond the software and chipmakers, where will the energy come from?

time-read
3 分  |
July 2024
Get into life
Money Magazine Australia

Get into life

Tucked inside super are products that can protect you from life's inevitable uncertainties.

time-read
5 分  |
July 2024
Paths to home ownership
Money Magazine Australia

Paths to home ownership

Taking the road less travelled can sometimes deliver unexpected benefits.

time-read
5 分  |
July 2024
Sold! Quick ways to add value
Money Magazine Australia

Sold! Quick ways to add value

Small, strategic changes can have a big impact on the look and feel of your home. And get you a better price on auction day.

time-read
5 分  |
July 2024
Money lessons the kids need to know
Money Magazine Australia

Money lessons the kids need to know

Your children can learn a lot from your past money mishaps. Here are eight financial conversations I have had with mine.

time-read
4 分  |
July 2024
Property-investing rules: are they likely to change?
Money Magazine Australia

Property-investing rules: are they likely to change?

The pressure for the government to curb the tax benefits of tax concessions, such as negative gearing and the capital gains tax discount, is unrelenting. Most recently, independent senators David Pocock and Jacqui Lambie proposed five options for paring back investment property tax concessions, with savings to the Federal budget of up to $60 billion over the next decade.

time-read
3 分  |
July 2024
What's love got to do with it?
Money Magazine Australia

What's love got to do with it?

A rollercoaster of emotions could be driving poor crypto behaviour.

time-read
3 分  |
July 2024
Are we ready to be cash-free?
Money Magazine Australia

Are we ready to be cash-free?

Saying goodbye to our piggy banks too soon could leave small businesses in the dark when problems arise.

time-read
2 分  |
July 2024