By Marco Wutzer, senior analyst, Disruptive Profits
Have you ever lost days of work because of a failed hard drive? Or maybe you forgot your USB at home before an important presentation…
It used to be a common problem.
And it’s what inspired Drew Houston to build a service to fix it once and for all.
Today, that service is called Dropbox.
It provides a folder on your computer desktop that lets you easily store files on the internet. That way, you can access them from anywhere, anytime. You can easily share them with others. And you can synchronize them to all your devices.
If your computer dies, all your files are safely backed up online in what’s called the “cloud.” And you can easily retrieve them from another device.
Today, just over a decade later, Dropbox has over 500 million users in over 180 countries and does over $1.4 billion in annual revenue.
But as I’ll show you below, there’s a new technology on the horizon…
It could replace today’s cloud service providers… change the face of any industry that relies on storing and transferring data… and make early investors a small fortune.
A $411 Billion Market
Until very recently, we had to have lots of software programs installed on our computers. But that changed with Dropbox.
The big tech companies watched Dropbox’s explosive growth and quickly came up with their own cloud storage solutions.
Nowadays, most software lives in the cloud, maintained by cloud service providers.
Microsoft has OneDrive. Apple offers iCloud. And Google provides Google Drive. Each of these services has hundreds of millions of users.
And there are countless other services. Once we add other cloud services and cloud computing, we’re looking at a $344 billion market. It’s set to grow to $411 billion next year. Take a look:
Growth of cloud services market. Source: Gartner (October 2017)
Despite this steady growth, what most people don’t know is that most of today’s leading cloud service providers are already dinosaurs.
All these cloud service providers are centralized. Because of this, they have some serious flaws.
For one, they are expensive. They’re also prone to censorship, manipulation, and hacks. Plus, you don’t really have control over your own data.
But as I said before, they’re about to be disrupted by a new, better way of doing things…
Disruption Is Coming
Imagine a service like Dropbox or iCloud that nobody can manipulate, hack, or shut down. That already makes it vastly superior. But on top of that, it will also be 90% cheaper than outdated centralized services.
And it’s happening with blockchain technology.
You may know blockchains as the underlying technology for cryptocurrencies.
Blockchains are decentralized, meaning there is no central authority in control. But their use goes beyond the financial world.
The future for anything related to data lies in decentralized solutions. And file storage is just one example.
Imagine a global social network like Facebook. On the blockchain version, no company can manipulate your news feed or siphon off your private data and sell it to big corporations and governments.
And it’s not only the financial and media worlds that are becoming more decentralized. Other sectors are being revolutionized, too.
For example, solar panels, local energy storage, and microgrids are decentralizing our energy infrastructure. Our energy grid will soon be part of the sharing economy.
Think about how you can rent an apartment from a neighbor down the road with Airbnb. In the future, you’ll be able to buy a neighbor’s excess energy from his solar panels with a specialized blockchain service.
In short, companies that use blockchain technology are changing the way entire industries operate.
But’s it’s still very early days.
As I’ve said before, it will take another three to five years before we see blockchain technology really take over.
But the time to position yourself is now. I expect many 100-baggers… 300-baggers… even 500-baggers to come from it.
And the best way to start is by buying bitcoin (BTC) or ether (ETH). This will give you some initial exposure to the crypto market. And you’ll need them to buy other blockchain projects that offer even bigger profit potential.
To disruptive profits,
Senior Analyst, Disruptive Profits
P.S. There’s a deadly flaw in our national security…
It threatens drones… airports… even the electrical grid. And I found the tiny $10 million company rolling out the technology to fix it.
It could become the gold standard for an explosive $7 trillion industry… and potentially hand you a 49,900% windfall, if you make the right moves today.