If we look closely we may be able to see a light at the end of the COVID-19 tunnel.
Since the United States began shutting down in March, the biggest hope for a return to normal has been an effective vaccine.
The news has been spectacular this week. Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX) today applied for an Emergency Use Authorization (EUA) for their candidate, which is estimated to be effective at 95%. They say they can ship the first doses in a few hours for FDA approval.
And you’ve probably heard that another vaccine is showing an estimated 95% efficacy as well. Moderna (NASDAQ:RNAm) plans to submit its EUA application within a few weeks.
The first vaccinations could take place in December, less than a year since it all started. It’s astounding and it shows how far health technology has advanced. The previous fastest vaccine was for mumps, and it took four years.
We all hope that everything will continue in the direction it is heading. Assuming this is the case, we face the unprecedented challenge of vaccinating the whole world as quickly as possible.
This will require keeping track of everything. Who has been vaccinated? What vaccine did they receive? What production batch? Where was it shipped from? Has it been stored correctly?
It’s a logistical puzzle perhaps bigger than anything the world has seen. To effectively track all of this information, government and health officials are looking to the next big transformative technology platform …
The first thing I ask of you is that you put aside any notion that cryptocurrencies are fantastic money on the internet.
Cryptocurrencies and the blockchain technology on which they are based are revolutionary software.
Put simply, the blockchain is the most secure way to store and transfer information ever created, making it ideal for vaccine tracking.
Let me give you a tiny and somewhat silly example that happened to me last weekend. I went to a tailor to buy some new suits, including a woolen one for the winter. I chose a fabric that I liked and noticed that there was something on the side that said “blockchain”.
I asked what that meant, and the tailor said, “We can scan this and see exactly where this wool came from.” What country, what county, even what sheep. “
Incredible, right? But even though it’s super cool, I wouldn’t call knowing what sheep’s wool just changed your life.
However, using blockchain to track a vaccine against the deadliest pandemic in more than a century is lifestyle change. Vaccinating the entire world will require one of the most complex supply chains ever built. Nations as well as the World Health Organization believe that blockchain can help.
This is the direction in which we are going. In the future, pretty much everything in the world will be tracked by blockchain.
It will change everything. The way you buy everyday goods and services… buy a house… pay your taxes… maybe even how we’ll vote in the future.
This transformation is already underway, but the real seismic change – when massive profits are made – comes as businesses, consumers and big investors realize what’s going on.
Charlie Shrem, one of the early cryptocurrency pioneers, and I call it “The Awakening”.
It won’t just be the biggest thing that happens to cryptocurrencies. We believe this will be the most important thing since the mass adoption of the Internet.
Over the past 10 years, the cryptocurrency industry has been defined by bitcoin. It means a lot of ups and downs. But things are changing as technology takes on new meaning.
And don’t look now, but bitcoin is on a huge run and is approaching new all-time highs …
This peak at the end of 2017 is when bitcoin broke above $ 20,000. You can see how it has jumped about 275% from the March lows, including a powerful 78% that has risen just since October 1. .
Transformational platforms bring about global change… like when a caterpillar becomes a butterfly… or when a child becomes a teenager.
Electricity is a prime example. The harnessing of electric power in the early 1900s transformed the world. This gave birth to our use of light bulbs, refrigerators, radios, televisions, telephones, air conditioners… the list goes on.
Electric power was the “platform” from which all of these incredible innovations emerged. The world after harnessing electricity was totally different from before.
These revolutions are rare. We have seen the emergence of a handful probably in the 20th century – electric power, the Internet, even smartphones.
Each presented colossal opportunities for wealth creation.
The more a technology changes the world for the better, the more revenue it will generate, and the BIGGER the gains will be for investors.
This is why the blockchain is going to be so huge. This is why some high profile insiders say it will be bigger than the internet. It will affect virtually every industry on the planet.
I’m talking about your financial and banking information… your personal health information… your proprietary business information… your contracts… your tax information… your credit card payments… your real estate transactions… your energy… and so on.
It’s already being used in more and more places all the time, and this massive disruption is creating a once-in-a-lifetime financial opportunity for anyone in action today.
The world’s biggest companies – the ones that have long supported the biggest and most important trends – have just started a new battle for crypto supremacy. Companies like Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), and Facebook (NASDAQ:FB) all invest billions.
Wall Street also wants to enter. Paul Tudor Jones, who is by far one of the most successful and influential investors in history, admitted he is a big buyer of bitcoin and could outperform all other assets held by his fund. legendary.
As governments, businesses and individuals wake up to the transformational impacts of blockchain, this alone could push the price of bitcoin and other cryptocurrencies to levels never seen before. If you position yourself correctly, it could give you a fortune that you could only dream of before.
As of the publication date, Matthew McCall does not hold (neither directly nor indirectly) any positions in any of the securities mentioned in this article.
Matthew McCall left Wall Street to actually help investors – by getting them into the world’s biggest and most revolutionary trends BEFORE anyone. Click here to see what Matt has up his sleeve now.