Paul Mampilly is a successful investor. He now says that blockchain technology should be used to protect personal data. Identity theft has been rampant in recent years, and there is a need to take some responsibility and ensure that personal information is protected. The blockchain technology works in such a way that it is impossible to change any information that is entered. No one can alter ones’ information without being tracked. Anything that is recorded cannot be deleted. For hackers to use your information, they may be forced to hack thousands of serves where the information is stored, which is not possible.
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— Paul Mampilly (@MampillyGuru) June 21, 2018
To ensure that this information is not stolen, Paul Mampilly is advocating for microchips to be used in protecting human identity. Mampilly is one of the brilliant investors in the world. He started his career in the Wall Street in 1991. He holds an MBA from Fordham University. His first job was at the Bankers Trust where he was recruited as an assistant portfolio manager. He then moved to other financial institutions such as Deutsche Bank, ING among others, where he had an opportunity to manage accounts worth millions of dollars. In 2006, Paul Mampilly was given an opportunity to manage Kinetic Asset Management. As a hedge fund manager, he was responsible for a $6 billion fund. After working with the fund for some years, he left. As he went, he left an impeccable track record. The hedge fund had grown its capital to $26 billion.
If it is about the experience, this man has everything in check. When the projects that we might be using microchips in the near future, he very sure about it, he has been in this industry long enough to know what can happen. Paul Mampilly is projecting that microchips will be used and it is the time for people to start looking at the semiconductors stocks for possible investment opportunities.
Paul Mampilly is urging investor to consider the small companies that deal with semiconductors. When the microchips are rolled out, these companies will be the greatest beneficiaries. They also have the highest returns when the market shifts.