SummaryBlockchain technology enables secure, transparent, and immutable transactions of digital content in a decentralized manner.Blockchains have the potential to revolutionize a wide range of industries, including payments, capital markets, identity security, file storage, information verification, and supply chain management.While native cryptoassets are critical in enabling the function of permissionless blockchains, there are other instances in which real-world assets ranging from traditional financial assets to collectibles are “tokenized” and issued on a blockchain, conferring ownership on the holder of the token.The potential growth of blockchain technology may offer a compelling opportunity for investors in technological innovation across entities such as crypto miners, exchanges, hardware, and users of the technology. Investors can gain exposure to companies involved with blockchain technologies through a blockchain-themed ETF.By Jeff SpiegelWhat is blockchain technology and how are blockchains used?Advances in blockchain technology are accelerating the burgeoning decentralized digital economy, revolutionizing the way industries operate - from financial services to supply chains and logistics. In 2021, worldwide spending on blockchain technologies reached US$6.6 billion, a figure that is expected to more than triple by 2024.1 These technologies have the potential to drive global economic growth: for example, PwC esti...
