RBC: Nvidia is set to dominate the next wave of blockchain technology (NVDA)
The next wave of blockchain applications is here, and it could provide a big boost to Nvidia.
A blockchain in its most basic form is a decentralized, public ledger. Bitcoin is probably the most widely recognized blockchain technology. It uses blockchain to break away from centralized banks and governments to create a new type of currency.
As blockchain technology matures, other uses are popping up everywhere. For example, IBM and Samsung are using blockchain to empower a new washing machine that will order its own detergent refills, according to a note to clients from RBC.
Future applications of blockchain might be a …read more
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