| |  | | Thursday, October 24, 2019 | What Google's Quantum Computing Achievement Means for Your Portfolio
| Dear Startup Investor,
This morning, the prestigious scientific journal Nature published a paper with some pretty incredible findings.
According to the article, researchers at Google have achieved something called quantum supremacy. In short, Google's experimental quantum computer, named Sycamore, performed an incredibly complex calculation in 200 seconds. That same calculation would take a supercomputer 10,000 years to solve.
Quantum computing is gaining momentum in the science world because it opens the door for unprecedented levels of computational power. The applications for this are endless, but some of the biggest goals for quantum computers include rendering simulations, plotting complex molecules for medical use, and generating large random numbers for security applications.
As computers get more powerful, though, there's a dark truth to keep in mind: faster, stronger computers may be able to crack through encryption and other cybersecurity safeguards faster than ever before.
That's why so many huge companies are looking into the blockchain - a decentralized way of storing data that's much tougher for hackers to break into.
Blockchain technology will soon disrupt virtually every industry out there, from banking to medicine to research and beyond. And soon enough, blockchain will be the standard way we store and exchange personal data, too.
This relatively new field hit Silicon Valley like a ton of bricks. Angel investors and VCs were scrambling to get their hands on startups using the blockchain. As a result, companies with no real need for the tech were claiming to use it anyway - that's how much of a buzzword it was for investors.
Today, the blockchain buzz has slowed down a bit (in case you were wondering, the new hot topic is artificial intelligence). Silicon Valley looks like an old blockchain battleground, with hundreds of startups left in its wake.
In other words, the bad actors are mostly gone. Now, the only blockchain startups still standing are those with a fighting chance at success.
That makes today, right now, the perfect time to get in on this trend. Because even though plenty of money-hungry startups rushed in too fast and paid the price, we can all agree that blockchain isn't going away anytime soon.
Just recently, I invested in a startup that's using blockchain to change the way we verify peoples' identities and credentials. Right now, the system for double-checking someone's claims - their college degree, for example - involves having someone call that college and confirm at the source. It's slow, it's clunky, and half the time, it's not worth the trouble.
This startup is rebuilding that system from the ground up, so that its users can simply transmit pre-verified information to whomever they want... on demand. It's faster, it's safer, and it costs everybody less money. Most importantly, it solves a global problem.
That's why, when this startup's founder called me up, I didn't hesitate for one second to put my own money behind it. And the company is still taking investments.
Click here to learn more.
Until next time,
Neil | | | Trending | | | | | | | | Stay Connected | | | Please do not reply to this email. It was sent from an unmonitored mailbox.
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