Paul Mampilly is Bullish on Blockchain Technology

Paul Mampilly is an advocate of blockchain technology and believes it will change the way we go about our daily lives. Paul is one of the top experts in making investments in the financial technology industry. He has a unique perspective and understanding on how blockchain technology will change the way financial services and governmental agencies will conduct business. This knowledge has led him to recommend that people should start making investments in companies that are at the forefront of blockchain technology while the industry is still in its initial growth stage.

In an article on titled Paul Mampilly Encourages Investors to Focus on the Internet of Things,” he demonstrates his knowledge of the technology industry and says people should focus on investing in companies that develop Internet-connected devices like vehicle sensors, smart appliances, and wearable devices. Paul Mampilly spent many years as one of Wall Street’s top investors. Shortly after graduating from Montclair State University in 1991, Paul landed a position as an assistant portfolio manager at Bankers Trust. He continued working for ING and Deutsche Bank as a successful portfolio manager before Kinetics Asset Management recruited him to manage their hedge fund. Under Paul Mampilly’s leadership, Kinetics Asset Management’s hedge fund was named one of the “World’s Best” by Barron’s.

Blockchain technology is a secure place where an electronic record of personal information is stored. Unlike cloud computing, blockchain technology is decentralized, so there is no one source where an individual can gain access to information. Plus, the information that is stored cannot be altered. The decentralized nature of blockchain technology in addition to the inability for an individual to alter any information makes it highly unlikely that identity thefts will occur. This is why Paul Mampilly endorses investing in blockchain technology and expects this technology to replace traditional forms of ID.

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