Looking for a review of John Engel’s ID Coin presentation?
Wondering how to invest in ID coin technology?
I’d been receiving invitations to check out the ID Coin presentation for a while so I decided to take a closer look.
I wanted to know whether it is a legit investment opportunity or a ploy to get you to throw money at something that will never work.
Keep reading below to get all the info.
Before we start…
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Table of Contents
What is ID Coin Technology?
The “ID Coin” is a presentation by John Engel where he says that we could see the introduction of a new identification system that is built on the blockchain.
In the long term, the new system will be used as the base form of identification replacing social security. It will be safer than Social Security because it will do a better job protecting people’s personal information from hackers. Retrieving useful information will also be easier.
The ID Coin system is not particularly novel as it has already been implemented by countries like India and Estonia. Both countries streamlined their identification systems and made them safer and more efficient.
Microsoft and Accenture have been collaborating on a project to build a blockchain-based network as part of a project to issue legal identification to those who currently don’t have identification documents.
This is relevant to investors because John believes that it opens up an investment opportunity. One that they have to take before the system goes mainstream (if it ever does).
He says that the new crypto-based system will be bigger than Bitcoin, Ethereum, and Ripple combined. He expects that by the time it reaches mass adoption, it will have grown by up to 80,782%.
He has uncovered a way in which you can acquire a stake in the system without owning a digital wallet – like you’d need to trade cryptos in an exchange.
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Who is John Engel?
John Engel works for Stansberry Research, a publisher that sends out newsletters and research reports to over 250,000 people scattered across 100 countries. It works like Agora Financial and Banyan Hill Publishing.
At Stansberry Research, he is the senior technology Analyst. He, therefore, spends most of his time studying the technology landscape looking for trends that may create investment opportunities.
Then he identifies good companies that are likely to benefit from such trends. He edits and contributes to Stansberry Innovations Report, Stansberry’s Investment Advisory, and Stansberry Venture Technology.
Before he started writing newsletters, he worked for a pharmaceutical company where he was part of the Research and Development team that worked on new drugs.
He holds a Masters in Biotechnology from John Hopkins University.
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How does ID Coin Technology work?
John condensed every relevant detail he knows about the ID coin system into a report titled How to Make a Fortune in the ID Coin Revolution. Inside, he reveals what the identification system really is and how you can invest in it using your regular brokerage account (or even your 401(K))
To receive the report for free, you have to become a member of the Stansberry Innovations Report. It is an advisory that identifies penny stocks that have the potential to become household names; think ‘the next Amazon or the next Facebook’.
When you subscribe, you will be entitled to the following benefits:
- 12 monthly issues of the newsletter. Each issue comes with stock suggestions; companies that have the potential to become market leaders in areas like Augmented Reality, Robotics, and AI.
- You will be allowed to go through the model portfolio, which is made up of all the stocks that John has touted since the service was established.
- You also gain access to the archives where you can read past special reports.
- A second special report called The Bitcoin-Blockchain Quick-Start Guide. This report provides you with two investment recommendations involving stocks that are benefiting from the blockchain. You also learn how to invest in crypto without buying and selling actual coins.
- A third special report called The Block – Wave Investor’s Guide. It has three plays that are part of the blockchain revolution. It also delves into how you can identify companies that can give you good exposure in breakthrough industries.
- Three bonus reports: The Billion-Dollar Robotics Revolution; Data Is the New Oil; How to Profit From the $15.7 Trillion AI Revolution
Subscription Fee: When you join Stansberry Innovation’s Report, the annual subscription fee is $49.
Guarantee: There is a 30-day money-back guarantee.
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Is ID Coin legit?
The ID Coin is legit. Blockchain is one of the technologies that will soon be ubiquitous in our lives. So far, it is best known as the base technology for cryptocurrencies. However, its applications are expanding due to its versatility and utility.
For example, companies and governments have already begun using it to create automatic ledger systems to file title deeds and other sensitive public documents. When stored using a blockchain-based system, such documents can easily be traced, which helps prevent fraud.
Therefore, it doesn’t sound unrealistic that it can be used to create a personal identity system.
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My Final Word on ID Coin Technology
Although the most well-known application of blockchain is cryptocurrencies, it can certainly be used for other uses. For example, it can record transactions in a transparent and incorruptible way.
This shows that it can be used to create a personal identification system (such as ID Coin). John thinks that the government and other stakeholders are working on such a system and you can make money from it.
If you would like to hear about John’s other ideas, sign up for the Stansberry Innovation Report. Since he is a tech guru at Stansberry Research, he is on the constant lookout for investment opportunities in the tech industry. If you would like to invest in the ID Coin phenomenon, only do it with money you can afford to lose in case it doesn’t work out.
Don’t leave yet…
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FAQ
What Is ID Coin?
ID Coin refers to a presentation by John Engel where he says that we could see the introduction of a new identification system that is built on the blockchain
How Does ID Coin Technology Work?
John condensed every relevant detail he knows about the ID coin system into a report titled How to Make a Fortune in the ID Coin Revolution.
How To Invest In ID Coin
To get the report on ID Coin titled How to Make a Fortune in the ID Coin Revolution you need to subscribe to Stansberry Innovations Report which costs $49.
Is ID Coin Legit?
The ID Coin is legit. Blockchain is one of the technologies that will soon be ubiquitous in our lives. Sure the claims made are bold but they are not without reason and there are many valid points made in the report.