Paul Mampilly is ready to have a microchip embedded in his body as long as it will stop him from carrying the paper documentation to verify his identity. The technology investor believes that we are living at a time when a microchip should replace paper documentation. With cases of identity theft being rampant in the world, a microchip with information embedded in it would be the best solution to the challenges related to identity theft. In addition, he is proposing that the microchips be using the new blockchain technology. The blockchain technology is known as a way of protecting digital currency transactions. But it is proving to be applicable in many other industries.
Paul Mampilly is backing blockchain technology to be applied in other industries. He believes that it would prove safer for identity protection than the paper documentation. With blockchain technology, there is no information can be altered, if anyone tries to steal your identity information, it will be easy to trace since the blockchain technology does not delete anything from its history. The information is replicated so many times that it is not possible to do anything without being traced.
When the dream of microchips come true, there will be high demand for semiconductors. Companies that deal with semiconductors will be doing very well. Paul Mampilly as an investor is advising other investors to be ready to invest in small semiconductor companies. These are the companies which will gain immensely once the market starts to move. To Mampilly, this is the right time to invest since the demand for these products will very soon be taking place. Paul Mampilly Has Struck Gold Again. Technology is taking place in all parts of our lives, and we cannot ignore it at all. Everything in the technology sector has an opportunity for one to invest.
Paul Mampilly is an experienced investor who worked in the Wall Street for two decades. He has been a hedge fund manager for a fund known as the Kinetics Asset Management. It is the things he has done in the financial sector that place him on a high pedestal of becoming an important person in the industry.
Paul Mampilly’s : Youtube