Wealth Formula Podcast

Not everyone is that excited about blockchain. Especially these days as the market is about 90 percent down from its January highs. But remember, while the bubble was real, so is the technology. There is something here that will start to permeate our world—even if we have no desire to invest in cryptocurrencies. You see, blockchain and other distributed ledgers create a tremendous amount of efficiency. So-called security tokens essentially allow ownership of real things (just like a regular security) but allow for greater liquidity through secondary market platforms. Not surprisingly, we are starting to see blockchain projects creep their way into real estate. It’s just a matter of time that title searches and escrow companies become as useful as syphilis doctors. The challenge, in my opinion, is identifying what projects are actually useful. What projects actually need a blockchain or create some additional value that is not already there. After all, it is well documented that a number of companies simply ad