Blockchain-focused Enterprise Global Payout, Inc. (GOHE) Offers Promise as Cryptocurrency Markets Waver
Feb 16th, 2018
The market for digital currencies is volatile by nature, and while some commentators declare an imminent bursting of the cryptocurrency bubble, many analysts forecast another bull run in 2018. Despite wild swings in digital currency, the underlying blockchain technology demonstrates more stability. With this in mind, investors are increasingly turning their interest to blockchain-focused enterprises, such Global Payout, Inc. (GOHE), a company applying blockchain to logistics in the fintech sector. Processor developer Advanced Micro Devices, Inc. (AMD) has seen its earnings soar as it provides technology to support the blockchain, while NVIDIA Corp. (NVDA) received a boost from the sale of graphics processing units (GPUs) for cryptocurrencies and gamers. A shift of focus from digital commerce to using and investing in cryptocurrencies has seen Overstock.com, Inc. (OSTK) quadruple in value. Even tech giant International Business Machine Corp. (IBM) is exploring blockchain as a tool for payment systems and supply chains.