Hey There Income Hunters,
Let’s Get Ready to Rumble!
- First came the internet — the leap that allowed information to go from pen and paper to digital form with immediate delivery …
- Then came the growth of the web for e-commerce…
- Now, get ready for blockchain and its ability to deliver paper assets anywhere at any time …
Unfortunately, the U.S. is NOT driving this digital revolution.
As a matter of fact, President Biden never even mentioned it in his State of the Union speech. (We’re very woke, though!)
Still, the blockchain network will accelerate a globalization process that connects digital economies of the future.
Here’s the big question … What does the U.S. do when China increasingly assumes control? Will we rollover? Dig in?
Expect a clash of the titans, no doubt.
Our problem currently is we don’t have a viable team that can compete…
We are giving it a shot with the “Five Eyes” alliance (U.S., U.K., Canada, Australia and New Zealand).
However, New Zealand is already negotiating agreements with China. (And reaping HUGE trade rewards while neighbors Australia suffers.)
Blockchain, a genius interconnection of distributed ledger technologies, WILL change the world and allow for tremendous global growth …
Let’s dive into a few details…
Blockchain-based Service Network (BSN)
The architect of the BSN is Red Date Technology, which is not public yet. They have been working with China Mobile, China Union Pay and the State Information Center of China to create a plug-and-play for siloed blockchain networks to work in conjunction with each other
That’s a simplification, of course, but it is revolutionary progress in such a short time.
I’ll paraphrase how they describe it …
Outside developers can use a single private key to deploy and manage decentralized applications (dapps) on multiple frameworks and to realize interconnectivity and mutual communication between dapps. Within this process, each framework retains the unique feature of its own smart contract and consensus mechanism.
Supposedly it will be as easy as filling out a form online and users can select a smart contract from the BSN.
One US company involved is Nasdaq-listed Interlinks Electronics (Ticker: LINK).
Accelerating the Rollout
BSN will utilize a multi-cloud architecture utilizing services that include AWS, Microsoft Azure, Google Cloud, Baidu Cloud, China Unicom, China Telecom and China Mobile. The BSN launch will allow companies to access ultra-low cost blockchain cloud computing services.
Target pricing is less than $400 USD/year, which would allow small/medium enterprise and individual access to the critical tools to participate in the digital economy.
A Top-Down Approach
I understand Americans’ distrust and skepticism of anything in which China is involved …
However, this is the game changing initiative that will drive the new monetary system
As #IncomeHunters we should put the why secondary to the where …
Where is the money flowing?
We are at the beginning of a digital revolution — and if we “follow the money,” we will make easy money.
It’s early days, but ChainLink has the potential to be the next 100-bagger …
That is a positive for the likes of Baidu (Ticker: BIDU) and also JD.Com (Ticker: JD), a leader in the digital electronic payment race. Obviously, there’s a lot more work to be done — but I wanted to alert you ASAP.
China has made this a national priority. Beijing sees blockchain as critical to securing databases linked by 5G to scalable cloud and data management infrastructures that big data/AI analytics can efficiently run on top of …
And it’s not just a vision — it’s in motion.
Bring it Home
My question remains …
Will the U.S. play nice and accept a new role in a digital global economy?
Or will we go to war (metaphorically, at least) before we’re willing to hand over the reins of global supremacy?
Only time will tell. But we know one thing we know for sure …
There will be a ton of money made along the way.
Stick with me and we’ll make it together.
Keep the comments and feedback coming and as always …
Live and Trade With Passion My Friends,