How the blockchain will drive the impending robot revolution

Our future will be filled with robots. No, not with Terminator-type androids. Rather, with industrial robots starting to take over many of the tasks that humans currently perform.

The use of robots is already on the rise. 2018. The world acquired 28,478 industrial robots in. Compared to 2017. According to the Association for Advancing Automation, this represents an increase of 16%.

Which industries buy the most robots? Orders from food / consumer goods companies increased by 60% and from semiconductor / electronics companies by 50%.

These figures will continue to rise in the future, with some predictions that we will see more than 2 million robots set up in industry, homes and offices over the next three years alone.

At the moment, most of these robots are nothing more than big boxes filled with extremely sophisticated hardware and cutting-edge software.

A real robot revolution can only take place when robots adopt artificial intelligence and start communicating with each other …

This day comes earlier than many people think.

Investors – especially those of us with a strong interest in cryptocurrencies and the technology that runs them – should pay close attention when the day comes.

Because …

When robots start exchanging information, it will lead to an explosive robot revolution. In the not-so-distant future, you’ll start to hear a lot about “swarm robotics,” which means a group of robots working together.

Such a communication system must be perfectly secure. Otherwise, some hackers could make thousands of robots do something unpleasant.

“In a few years, robots will be an important part of both family and business. Hacking will have serious consequences,” warned Cesar Cerrudo, a cyber security expert.

Unfortunately, hacking robots is actually quite easy, and robots are an easy target for cybercriminals whose goal is to wreak havoc …

Example # 1: Retail payment terminals store your credit card and PIN codes. Hackers can steal these codes and cost you thousands of dollars before you leave the store.

Example # 2: Household robots have cameras and microphones. This information can be accessed and manipulated to, among other things, clear your bank account or access sensitive personal information.

Example # 3: Robots are increasingly being used to perform surgical procedures and can even be used as a murder weapon if a malicious person can hack them.

The solution? Block chain.

Yes, it’s the same blockchain that makes the shared ledger technology (DLT) behind cryptocurrencies possible.

Cryptographic prices in 2018. The 2006 crash and the proliferation of the ICO (Initial Coin Offering) market have destroyed most people’s enthusiasm for cryptocurrencies.

But when people stopped paying attention to crypts, they overlooked the tremendous progress that the underlying technology had made. Especially when it comes to the security that a blockchain provides.

The block chain is a solution to the security of robotics – especially that of swarm robotics. It would make robotics systems hack-proof, secure, autonomous, flexible and, yes, very profitable.

How can you invest in the swarm-robot revolution that will keep the blockchain running? Take a look at companies like Cognex (CGNX), Fanuc (FANUY), Rockwell Automation (ROK), Abb Ltd. (ABB) and Cyberdyne (CYBQY).

Cyberdyne? No, it’s not about this fictional “Terminator” movie that invented Skynet and murderous robots. It is a real company in Japan that offers some of the most exciting robotics technologies in the world.

True Cyberdyne produces outer skeletons that are compatible with brain waves and help people with disabilities walk.

I’m not saying you should rush now and invest in any of the stocks listed tomorrow morning. As always, timing is paramount, so I encourage you to wait for my “buy signals” at Weiss Crypto Investor .

If you invest in cryptotechnology stocks (ENG) , know this: There is no question that the combination of robotics and blockchain will be the creator of millionaires. You don’t have to deal with it alone. Sign up for my newsletter (ENG) today and you should see some nice profits soon.

Best wishes,
Tony Sagami

You can find the original article here.

Article – Weiss Ratings

Translation: Lucreds Plus OÜ