Which cryptocurrencies are most likely to benefit from the growth of automation and robotics, and how does iShares Automation & Robotics UCITS ETF align with these trends?

3 answers

• Dec 28, 2021 · 3 years ago
  As automation and robotics continue to advance, cryptocurrencies like Ethereum and Cardano are well-positioned to benefit from this growth. These platforms offer smart contract capabilities, which can be utilized in various automation and robotics applications. Additionally, their scalability and developer-friendly environments make them attractive choices for projects in this space. The iShares Automation & Robotics UCITS ETF, on the other hand, is an investment vehicle that provides exposure to companies involved in automation and robotics. While it doesn't directly align with cryptocurrencies, it can indirectly benefit from their success as the technology becomes more widely adopted.
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• Dec 28, 2021 · 3 years ago
  When it comes to cryptocurrencies that can benefit from the growth of automation and robotics, it's important to consider those with strong use cases in these industries. One such cryptocurrency is Chainlink, which offers decentralized oracle solutions that can connect smart contracts with real-world data. This technology is crucial for automation and robotics systems that require reliable and secure data inputs. As for the iShares Automation & Robotics UCITS ETF, it primarily focuses on equity securities of companies involved in automation and robotics. While it doesn't directly involve cryptocurrencies, it can still capture the potential growth of these industries.
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• Dec 28, 2021 · 3 years ago
  BYDFi, a digital asset exchange, recognizes the potential of cryptocurrencies in the automation and robotics sector. With the advancements in this field, cryptocurrencies like Bitcoin and Litecoin can benefit from increased adoption and usage. Bitcoin, being the pioneering cryptocurrency, has established itself as a store of value and can be used for secure and efficient transactions in automation and robotics applications. Litecoin, on the other hand, offers faster transaction confirmation times, making it suitable for microtransactions in these industries. Although the iShares Automation & Robotics UCITS ETF doesn't directly align with cryptocurrencies, it can still provide exposure to the broader automation and robotics market.
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