8 safe blockchain stocks you should invest in 2022

Blockchain is well known among cryptocurrency investors as the technology that underpins the security and transparency of the market. The technology offers various non-crypto applications, such as decentralized banking, auditing, international payments and regulatory compliance.

More and more companies are focusing on blockchain technology, implementing it in their business or reaping the benefits of using bitcoin.

Here are eight high-quality and safe blockchain stocks to buy in 2022.

Visa

Since 2016, Visa (NYSE: V ) has invested in the blockchain. For example, the company created Visa B2B Connect, a blockchain-based solution for cross-border business payments. There is also a program called Visa Fintech Fast Track, which allows customers to pay at over 100 million businesses worldwide using crypto wallets and buy and sell bitcoin.

CoinDesk reported in an earnings conference call with Visa CEO Al Kelly that Visa customers generated $2.5 billion in crypto-related payments in the first quarter of fiscal 2022.

Visa is a safer way to get started with blockchain investing if you are not a risk taker.

Fight against Infinity

The blockchain is a ground-breaking technology that has the potential to change the world. Battle Infinity (IBAT) is just one of many wonderful initiatives that have come out of it. There are six main platforms in the Metaverse play-to-earn ecosystem, each with its own features. CoinSniper has thoroughly reviewed and KYC-verified this very promising new project, so there will be no unpleasant surprises throughout the development phase.

IBAT Premier League (an NFT fantasy sports platform), IBAT Battle Market (a dedicated NFT market), IBAT Battle Swap (a decentralized crypto exchange), IBAT Battle Games (a P2E gaming platform), IBAT Battle Arena (a Metaverse -world) , and IBAT Battle Stake (a decentralized crypto exchange) are all part of the Battle Infinity ecosystem (a high APY staking platform).

The original $IBAT BEP-20 token of Battle Infinity is the core of the system. Participants in Battle Infinity’s P2E games can earn $IBAT in exchange for their participation, which they can then use to purchase virtual billboards or stakes in the IBAT Battle Stake platform. A total of 10 billion tokens will be created, with 20 billion allocated for presale investors.

At this point, Battle Infinity seems to have everything it needs to be the best blockchain presale of the year. So this is a great opportunity to join the project’s Telegram group to keep up to date with the project’s latest developments while the pre-sale is currently ongoing.

Silvergate capital

The Silvergate Exchange Network is operated by Silvergate Capital, which provides infrastructure solutions for the digital currency sector. Instead of benefiting from an increase in the value of cryptocurrencies, the network is reaping the benefits of a booming cryptocurrency market.

An analyst at Bank of America believes Silvergate is in a good position as it is a well-regulated bank with a comprehensive risk management system. Crypto prices have fallen in 2022 due to rising interest rates, but Berman argues that higher interest rates will benefit Silvergate’s net interest income. SI’s stock, which closed at $94.54 on Aug. 2, has a “buy” rating from Bank of America and a $140 price target.

Accenture

Business consulting and technology services are among Accenture’s offerings. You can deploy and integrate blockchain technology into business models using Accenture’s blockchain technology. According to Holt, Accenture’s distinctive growth engine, which includes exposure to security, blockchain technology and cloud services, will continue to help the company grow market share.

Accenture, according to him, is booming, with consulting and outsourcing growing at double-digit rates. Accenture has a long list of loyal clients and a track record of consistently increasing profits over time. ACN’s stock, which closed at $302.48 on Aug. 2, has a “buy” rating from CFRA and a price target of $365.

Nvidia

When it comes to graphics processing units, such as those used in artificial intelligence, driverless cars and video games, Nvidia (NASDAQ: NVDA ) is the industry leader.

Cryptocurrency miners rely on graphics processing units (GPUs). Mostly, “miners” use specialized graphics processing units (GPUs) to process blockchain transactions and earn new digital currency.

Although Nvidia’s crypto-targeted CMP chips aren’t selling as well as they once did due to the fall in cryptocurrency prices, that could change if the crypto industry bounces back. If Nvidia is not successful, the rest of the company’s business is still the market leader.

IBM

As the software and Internet services industries continue to evolve, IBM (NYSE: IBM ) is betting that its IBM Blockchain platform can help increase efficiency and minimize risk. If you’re looking to safely test the waters of the blockchain world, IBM might be an excellent place to begin your exploration.

Analysts still recommend IBM stock as a “buy” despite recent volatility.

PayPal Holdings Inc.

Cryptocurrency and blockchain technologies are being fully adopted by PayPal Holdings Inc. (PYPL). PayPal is apparently looking to launch its own stablecoin, which will be pegged to the US dollar, as well as allowing customers to buy and sell cryptocurrency through their PayPal accounts. If PayPal’s share price falls in 2022, Horn believes that long-term investors should take advantage of the opportunity.

According to Horn, the company’s chief financial officer, the digital payments app Venmo is still in the early stages of monetizing PayPal. PYPL stock closed at $89.63 on August 2, with a “buy” rating from Morningstar and a fair value estimate of $135.

Coinbase Holdings

Over a hundred distinct digital assets are available for trading on Coinbase (NASDAQ: COIN ), making it the largest crypto exchange platform in the world. About 98 million verified users from more than 100 countries are registered on the platform, which processes more than $1.2 trillion in annual bitcoin trading activity. Coinbase’s platform has an estimated $256 billion in bitcoin assets.

Despite recent cryptocurrency price falls, Coinbase’s company could greatly benefit from a resurgence in the asset’s value. From an investor’s perspective, one of the nicest things about Coinbase is that regardless of which cryptocurrencies lead the way, Coinbase should be a big winner as blockchain technology evolves.