When you say stocks, do you mean the Bitcoin ETF and upcoming addition to CME for possible Futures trading?
Or do you actually mean the coins/tokens themselves\
If the ladder - I always recommend BTC as a majority of the cryptofolio and don't keep it on an exchange account if you plan to hold a significant amount for a significant length of time.
Some altcoins that I have followed and continue to invest in are NEO, VTC, ETH, LTC, IOTA, XRP
Try BTLLF https://seekingalpha.com/article/4129251-btl-group-first-mover-blockchain-technology
BTL Group: A First-Mover In Blockchain Technology
Dec. 3, 2017 9:51 AM ET|
15 comments|
About: BTL Group Ltd. (BTLLF), Includes: GBTC
Doubling Dollars
Long only, growth at reasonable price, value, dividend investing
Doubling Dollars
Summary
BTL Group has created an enterprise-grade private blockchain development platform called Interbit.
Using Interbit, developers can efficiently design and build quality applications that take advantage of the power and benefits of blockchain technology.
Some of the world’s largest institutions are using Interbit to explore new opportunities.
Who is Blockchain Technology Ltd. (BTL Group)
BTL Group [TSE: BTL] (OTCPK: OTCPK:BTLLF) is the first public blockchain technology company after being founded in 2015 by two brothers, Hugh and Guy Halford-Thompson. It is a $125+ million dollar micro-cap company with no debt.
BTL has built an enterprise-level private blockchain development application called Interbit. Their goal is to have Interbit as the go-to professional blockchain creation program across multiple industries. They have already successfully tested Interbit with giants such as Visa and BP.
This is not a company that just jumped on the blockchain bandwagon to make a quick buck. They have worked for years to bring their disruptive technology to market.
To understand the usefulness of Interbit, one must understand what the blockchain technology is.
Introduction to the Blockchain
Blockchain is shared ledger technology. Every transaction is recorded by all participants and agreed upon democratically. Since every participant has an identical copy of the ledger, historical information cannot be altered. This allows users to put a lot of trust into the way that people transact. Any time that information, such as payments, is needed to be transferred blockchain technology allows that information to be transmitted securely and with proper verifications.
This allows the ability to transfer ownership of assets without a central clearing party, without auditors, and without a custodian. Ownership of these assets is verifiable by the blockchain participants.
In easier terms, this can be thought of as a series of chain links. Each link points back to the previous link. Once a link is created, the data it holds cannot be changed without breaking the chain.
Blockchain is the technology behind cryptocurrencies like Bitcoin, but not a coin in and of itself.
The Usefulness of Blockchain Technology
Blockchain Applications
The Technology - INTERBIT
(Source: BTL Group Investor Presentation)
Interbit is a 3[SUP]rd[/SUP] generation blockchain based on the blockchain behind the Ethereum coin. It is open framework application, allowing it to hold any type of data. This allows data to be shared instantaneously and for Interbit to be structured and scaled however the enterprise user wishes.
One of the unique principles for Interbit is the way that the Interbit architecture is set up. To allow for true privacy and scalability, it allows multiple individual blockchains operating at various levels. Unlike other blockchains which keep a record of every transaction from the very beginning, Interbit allows the creation of small chains which can be used and then thrown away when no longer needed.
That means that you can create a very secure network using Interbit because the data can become segregated to certain parts of the network.
For example, say two users within the enterprise Interbit blockchain want to interact with each other, but do not want the data to be available to all users. A segregated and throw-away blockchain can be immediately created for that information. When it is no longer needed, it can be deleted and not be available as a security risk.
(Source: BTL Group Investor Presentation)
This means that on Interbit some data can be openly available to all users, such as offered trades, but the actual sale can be kept confidential.
Interbit is capable of handling hundreds of thousands of transactions per second. To put this into perspective, Bitcoin can support seven transactions per second.
Partners and Projects
Visa
A six month pilot with Visa and 6 European banks was conducted this year. By using Interbit, Visa (along with the rest of the participants) saw reduced time and risk with money movements. Because of that, it was also proven that costs of business were lower.
It should not take days to transfer money between banks, only a fraction of a second. This speed is possible with Interbit.
BP
British Petroleum, Eni Trading & Shipping, and Wien Energie were participants in a successful 12 week pilot of an energy trading confirmation application built on BTL's Interbit platform. The results showed that Interbit can reduce the time, labor, costs, errors, and risks by streamlining many back office and trading requirements.
Gaming
One of the earliest uses of the Interbit application was in the creation of SecurePlay, a fantasy sports system to run contests, games, and transactions.
It might seem a minor thing but it shows the range of industries that Interbit can be integrated into. From something as small as fantasy football all the way to handling billions of dollars worth of currency or energy contracts.
FUTURE
The real value of Interbit is the speed and ease that a complex record keeping system can be created. Traditionally an application of this nature would have to include networking, backups, database, security, and more. Interbit has all these base application requirements already and in a very simple package.
In one recent beta test, Interbit was set up to keep track of a product in a supply chain. The business was using a program that consisted of around 20,000 lines of code. Interbit provided the exact same level of service using just 67 lines of code. Faster to build, easier to maintain, and less complexity means that less can go wrong.
Patent filed on October 17, 2017
Interbit will leave beta testing and be sold under commercial licensing. This will give BTL group the competitive advantage of being the first mover. Being first typically enables a company to establish strong brand recognition and customer loyalty before other entrants to the market.
(Source: BTL Group Investor Presentation)
Should You Invest?
It should be known that this is a high-risk, high-reward company. Be aware of this fact and perform your due diligence before all investing.
This stock has been on a tear this year, going from a 52-week low of $0.66 to a high of $7.36 on November 29th, 2017. On the 29th the stock was up around 10% in the morning and ended the day down 10% on no news. What a rollercoaster! This just goes to show you how volatile this investment can be.
Another thing to be aware of is since they have no major revenue besides some consulting fees, they have funded their operations by holding private placements.
These placements have added an additional 3,334,000 shares and 1,667,000 share warrants in 2017.
Add in awarded stock options of 795,000 and you can see how share dilution is in the 20% range per year.
(Source: Interim Financial Statements, September 30, 2017, amounts in $CAD)
Of course, this rate should decrease now that shares are worth more and 2018 should see the start of Interbit's licensing revenues.
Investing Advantages
How does one value a company that has not yet commercially released a new technology into the marketplace? A company that basically has just one technology platform as its sole resource.
What would you have considered Microsoft (MSFT) to be worth before the release of its first commercial product, BASIC 2.0 for the MITS Altair in 1975? In 1975, the newly created Microsoft had revenues of $16,005. Through licensing the program to giants such as General Electric (GE) and Citibank (C), by 1978 they were pulling in $1.3 million and in 1980 they received revenues of $7.5 million. Of course, BASIC 2.0 was modified and enhanced along the way.
Another disruptive company that is highly valued by investors is Tesla Motors (TSLA). Tesla is changing the automotive field and has never turned a profit. Tesla is massively overvalued by any traditional metric. However, investors don’t care as they are looking towards the future where Tesla has dominated the market with its electric vehicles.
BTL’s Interbit is in a similar position right now. The technology can automate the regulatory and compliance requirements of domestic and international monetary transfers. It can massively decrease traditional trading process time while simultaneously reducing risks and costs.
This ability has to be worth a lot of money for thousands of businesses around the world.
BTL is not a company that has jumped into the cryptocurrency and blockchain field because it is the current hot thing. They have put years into developing Interbit and were doing so back when bitcoin was hardly a common name and worth between $200-300 per coin. This is why they are soon to be the first company to release a scalable ‘blockchain for business’ enterprise solution.
It is true that blockchain is the latest investing craze and some companies are jumping on the trend, take RIOT Blockchain (RIOT) for example. Last year they were a nano cap biotech company known as Venaxis, and as recently as September of this year they were named Bioptix. That is until they renamed themselves again as RIOT Blockchain and announced they had invested in a Cryptocurrency exchange called Coinsquare. That shot the stock up from $4 to a 52-week high of $24 per share!
The thing is that Coinsquare is not a very popular cryptocurrency exchange as it processes only around $500,000 worth of transactions daily (another crypto exchange was recently valued at $60 million and it processes around $80 million worth of daily transactions). Oh, and RIOT’s investment into Coinsquare amounts to just a 12% stake.
For all this, they were rewarded with a 500% gain in a few weeks. It has since dropped nearly 50% from its high.
What would the market do once it realizes that BTL Group has an actual product that can be licensed worldwide? What will the valuation of BTL Group be then? I don't know the future, but from where I currently stand it seems that BTL's Interbit and its soon to be first-mover status has promise.
Conclusion
If you are interested in investing in blockchain technology but want something with intrinsic value, BTL Group is a worthwhile company for your consideration. At least with a small position that you are comfortable losing.
Finally, if you wish to learn more you can watch this 5-minute video from the company.
Related tickers: (OTCQX: OTCQX:GBTC)
Disclosure: I am/we are long BTLLF.
BTL Group: A First-Mover In Blockchain Technology
Dec. 3, 2017 9:51 AM ET|
15 comments|
About: BTL Group Ltd. (BTLLF), Includes: GBTC
Doubling Dollars
Long only, growth at reasonable price, value, dividend investing
Doubling Dollars
(148 followers)
Summary
BTL Group has created an enterprise-grade private blockchain development platform called Interbit.
Using Interbit, developers can efficiently design and build quality applications that take advantage of the power and benefits of blockchain technology.
Some of the world’s largest institutions are using Interbit to explore new opportunities.
Who is Blockchain Technology Ltd. (BTL Group)
BTL Group [TSE: BTL] (OTCPK: OTCPK:BTLLF) is the first public blockchain technology company after being founded in 2015 by two brothers, Hugh and Guy Halford-Thompson. It is a $125+ million dollar micro-cap company with no debt.
BTL has built an enterprise-level private blockchain development application called Interbit. Their goal is to have Interbit as the go-to professional blockchain creation program across multiple industries. They have already successfully tested Interbit with giants such as Visa and BP.
This is not a company that just jumped on the blockchain bandwagon to make a quick buck. They have worked for years to bring their disruptive technology to market.
To understand the usefulness of Interbit, one must understand what the blockchain technology is.
Introduction to the Blockchain
Blockchain is shared ledger technology. Every transaction is recorded by all participants and agreed upon democratically. Since every participant has an identical copy of the ledger, historical information cannot be altered. This allows users to put a lot of trust into the way that people transact. Any time that information, such as payments, is needed to be transferred blockchain technology allows that information to be transmitted securely and with proper verifications.
This allows the ability to transfer ownership of assets without a central clearing party, without auditors, and without a custodian. Ownership of these assets is verifiable by the blockchain participants.
In easier terms, this can be thought of as a series of chain links. Each link points back to the previous link. Once a link is created, the data it holds cannot be changed without breaking the chain.
Blockchain is the technology behind cryptocurrencies like Bitcoin, but not a coin in and of itself.
The Usefulness of Blockchain Technology
- Data entered into the blockchain is unchangeable without alerting all the other holders of the ledger.
- Participants can trade (data or assets) without trusting each other and without trusting a central party.
- Smart Contracts enable businesses to automate tasks with very high reliability and no central party.
- Audits are easy as the system itself is the auditor
Blockchain Applications
- Ownership of property – Keeps an accurate record of ownership. Think cars or real estate titles.
- Finance – Trade and settle securities nearly instantaneously and cheaply.
- Contracts – Unalterable and recorded contracts between parties.
- Identity – Create a digital identity that can reduce identity theft and fraud.
- Gaming – Have an accurate record of bets and odds that is immutable.
- +More – Any business that needs to track inventory or who did what and when.
The Technology - INTERBIT
(Source: BTL Group Investor Presentation)Interbit is a 3[SUP]rd[/SUP] generation blockchain based on the blockchain behind the Ethereum coin. It is open framework application, allowing it to hold any type of data. This allows data to be shared instantaneously and for Interbit to be structured and scaled however the enterprise user wishes.
One of the unique principles for Interbit is the way that the Interbit architecture is set up. To allow for true privacy and scalability, it allows multiple individual blockchains operating at various levels. Unlike other blockchains which keep a record of every transaction from the very beginning, Interbit allows the creation of small chains which can be used and then thrown away when no longer needed.
That means that you can create a very secure network using Interbit because the data can become segregated to certain parts of the network.
For example, say two users within the enterprise Interbit blockchain want to interact with each other, but do not want the data to be available to all users. A segregated and throw-away blockchain can be immediately created for that information. When it is no longer needed, it can be deleted and not be available as a security risk.
(Source: BTL Group Investor Presentation)This means that on Interbit some data can be openly available to all users, such as offered trades, but the actual sale can be kept confidential.
Interbit is capable of handling hundreds of thousands of transactions per second. To put this into perspective, Bitcoin can support seven transactions per second.
Partners and Projects
Visa
A six month pilot with Visa and 6 European banks was conducted this year. By using Interbit, Visa (along with the rest of the participants) saw reduced time and risk with money movements. Because of that, it was also proven that costs of business were lower.
It should not take days to transfer money between banks, only a fraction of a second. This speed is possible with Interbit.
BP
British Petroleum, Eni Trading & Shipping, and Wien Energie were participants in a successful 12 week pilot of an energy trading confirmation application built on BTL's Interbit platform. The results showed that Interbit can reduce the time, labor, costs, errors, and risks by streamlining many back office and trading requirements.
Gaming
One of the earliest uses of the Interbit application was in the creation of SecurePlay, a fantasy sports system to run contests, games, and transactions.
It might seem a minor thing but it shows the range of industries that Interbit can be integrated into. From something as small as fantasy football all the way to handling billions of dollars worth of currency or energy contracts.
FUTURE
The real value of Interbit is the speed and ease that a complex record keeping system can be created. Traditionally an application of this nature would have to include networking, backups, database, security, and more. Interbit has all these base application requirements already and in a very simple package.
In one recent beta test, Interbit was set up to keep track of a product in a supply chain. The business was using a program that consisted of around 20,000 lines of code. Interbit provided the exact same level of service using just 67 lines of code. Faster to build, easier to maintain, and less complexity means that less can go wrong.
Patent filed on October 17, 2017
“Filing patent applications for the Interbit platform allows us to position BTL as a leader in the blockchain technology space as it clearly defines our offering as a highly scalable enterprise blockchain development platform with interoperability embedded. We are very close to delivering Interbit into a live environment as a product that will leapfrog all existing blockchain technologies. This will position the Company to meet and exceed the increasingly complex demands for blockchain solutions across all industries,” said Dominic McCann, CEO of BTL. “Blockchain technology must meet the security and scalability expectations of the enterprise and be easy to work with before enterprise adoption will scale. Interbit delivers on both.”
Interbit Live Launch Q1 2018
Interbit will leave beta testing and be sold under commercial licensing. This will give BTL group the competitive advantage of being the first mover. Being first typically enables a company to establish strong brand recognition and customer loyalty before other entrants to the market.
(Source: BTL Group Investor Presentation)Should You Invest?
It should be known that this is a high-risk, high-reward company. Be aware of this fact and perform your due diligence before all investing.
This stock has been on a tear this year, going from a 52-week low of $0.66 to a high of $7.36 on November 29th, 2017. On the 29th the stock was up around 10% in the morning and ended the day down 10% on no news. What a rollercoaster! This just goes to show you how volatile this investment can be.
Another thing to be aware of is since they have no major revenue besides some consulting fees, they have funded their operations by holding private placements.
These placements have added an additional 3,334,000 shares and 1,667,000 share warrants in 2017.
Add in awarded stock options of 795,000 and you can see how share dilution is in the 20% range per year.
Of course, this rate should decrease now that shares are worth more and 2018 should see the start of Interbit's licensing revenues.
Investing Advantages
- Soon to have first-mover status in enterprise-level blockchain applications.
- Successful pilot tests with mega-corporations (Visa, BP).
- Interbit can improve operations of nearly any business.
- Public/Private flexible blockchain platform.
- Interbit might never catch on as a "must-have" application.
- A competitor might eventually come in with a better product or marketing.
- Cryptocurrency and/or Blockchain Companies might 'pop' sending all related stocks/coins down.
- Continued stock dilution as they have no revenues to speak of yet.
How does one value a company that has not yet commercially released a new technology into the marketplace? A company that basically has just one technology platform as its sole resource.
What would you have considered Microsoft (MSFT) to be worth before the release of its first commercial product, BASIC 2.0 for the MITS Altair in 1975? In 1975, the newly created Microsoft had revenues of $16,005. Through licensing the program to giants such as General Electric (GE) and Citibank (C), by 1978 they were pulling in $1.3 million and in 1980 they received revenues of $7.5 million. Of course, BASIC 2.0 was modified and enhanced along the way.
Another disruptive company that is highly valued by investors is Tesla Motors (TSLA). Tesla is changing the automotive field and has never turned a profit. Tesla is massively overvalued by any traditional metric. However, investors don’t care as they are looking towards the future where Tesla has dominated the market with its electric vehicles.
BTL’s Interbit is in a similar position right now. The technology can automate the regulatory and compliance requirements of domestic and international monetary transfers. It can massively decrease traditional trading process time while simultaneously reducing risks and costs.
This ability has to be worth a lot of money for thousands of businesses around the world.
BTL is not a company that has jumped into the cryptocurrency and blockchain field because it is the current hot thing. They have put years into developing Interbit and were doing so back when bitcoin was hardly a common name and worth between $200-300 per coin. This is why they are soon to be the first company to release a scalable ‘blockchain for business’ enterprise solution.
It is true that blockchain is the latest investing craze and some companies are jumping on the trend, take RIOT Blockchain (RIOT) for example. Last year they were a nano cap biotech company known as Venaxis, and as recently as September of this year they were named Bioptix. That is until they renamed themselves again as RIOT Blockchain and announced they had invested in a Cryptocurrency exchange called Coinsquare. That shot the stock up from $4 to a 52-week high of $24 per share!
The thing is that Coinsquare is not a very popular cryptocurrency exchange as it processes only around $500,000 worth of transactions daily (another crypto exchange was recently valued at $60 million and it processes around $80 million worth of daily transactions). Oh, and RIOT’s investment into Coinsquare amounts to just a 12% stake.
For all this, they were rewarded with a 500% gain in a few weeks. It has since dropped nearly 50% from its high.
What would the market do once it realizes that BTL Group has an actual product that can be licensed worldwide? What will the valuation of BTL Group be then? I don't know the future, but from where I currently stand it seems that BTL's Interbit and its soon to be first-mover status has promise.
Conclusion
If you are interested in investing in blockchain technology but want something with intrinsic value, BTL Group is a worthwhile company for your consideration. At least with a small position that you are comfortable losing.
Finally, if you wish to learn more you can watch this 5-minute video from the company.
Related tickers: (OTCQX: OTCQX:GBTC)
Disclosure: I am/we are long BTLLF.
I'm weary of MGTI .. i don't trust John McAfee .. i would need to see all of the S9 working and the accounts
