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Here is why Your Business Should Consider Stellar Lumens or Risk Extinction

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Stellar Lumens
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At this point, it’s pretty clear that Blockchain technology has a potential to change the world as we know it. Already, there exist Blockchain applications that are testing out different innovations built on this revolutionary technology. In fact, a new report from Deloitte (an audit and consulting firm) indicates that Blockchain technology is set to be a critical ingredient in building consumer packaged goods. Basically, the report illustrates that there are over 50 use cases where Blockchain’s potential in the consumer packaged goods will have the most impact and that we might just be at the precipice of Blockchain becoming the operational standard of financial, consumer and manufacturing industries.

Invest in Blockchain or fail

With that in mind, it seems like the next five years are set to be a tipping point for most industries. The report further mentions that it’s a high time for businesses to start integrating this nascent technology into their systems or risk failing altogether.

Obviously, there is no need to re-invent the wheel. Already there are innovative solutions in the crypto space waiting for businesses to come onboard and build their own Blockchains with tailor-made business strategies depending on a variety of objectives. One such Blockchain platform that contains all the necessary tools and software for businesses to built supply chain platforms, smart contracts for high-quality money integration systems is Stellar Lumens.

Is Stellar the future of Blockchain?

Well, if you are talking in terms of connecting bank payments and building Blockchain enabled systems that move money quickly across borders while also allowing developers to build custom API; then you have to put Stellar in the picture. Stellar is an affordable alternative for businesses that want to integrate Blockchain technology into their systems.

With Stellar Lumens, you can send money across borders at almost no cost and within the shortest time frame. In fact, you can easily bypass costly forex exchange fees as the Stellar platform is built to accommodate different currencies as well. Instead of the usual 3 to 5 business days, you can transact within seconds thanks to stellar decentralized network.

In case you want to integrate Stellar’s Blockchain network into your own and configure the system with a customized decentralized network, it gets even easier as stellar avails all the tools your developers will need for free. Yes, that’s right; Stellar offers tools and software not to mention adequate documentation for integration of Blockchain into your system at no cost.

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Stellar eradicating poverty

Basically, Stellar’s mission is to connect people to affordable financial services as a move to fight poverty and increase the potential of individuals across the globe. The platform is run by a non-stock nonprofit organization that covers its operational costs with 5 percent of the Stellar Lumens XLM coins and tax-deductible donations from the public.

In the long run, when it’s all said and done, businesses will have to adopt Blockchain technology so as to be able to provide the most efficient service to the consumer. As it seems, Blockchain technology is already at the forefront of creating efficiency in a variety of industries. Businesses that integrate Blockchain technology will not only be able to offer quality service at the lowest cost but will also increase transparency and accountability in their systems.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

DGB Price Prediction For 2018 and Beyond

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DGB price prediction
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With the crypto market being constantly bearish throughout this year, a lot of investors are having second thoughts about buying additional coins. While some large cryptocurrencies like Bitcoin or Ethereum can be considered safe investments, smaller coins like Digibyte (DGB) often receive a lot of doubt. This is why the DGB price prediction is necessary so that the investors can know what to expect.

DGB Price Prediction

DGB has had its ups and downs throughout this year, and at some point, it even went up by 70%. However, the constant bear market affected it just as much as numerous other cryptos. This has brought its value down to its current $0.025378 per coin. Some optimistic predictions from earlier dates saw the coin reaching as high a price as $9.20 by the year’s end. However, as we approach the date, it seems less and less likely that this DGB price prediction will come true.

The coin is generally seen as a profitable investment. As it is always the case with cryptocurrencies, they should be bought when their prices are down, so that a profit could be made when they spike up once more. Digibyte is no different, but it should be noted that investing in this coin means having patience. DGB is not among the coins that will make you rich overnight, and instead, it should be seen as a long-term investment.

Even though 2018 has been as…

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Altcoins

Why ZCash (ZEC) Is Heading to $10k

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ZCash
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Back in mid-May, the Winklevoss Twins made the headlines for embracing ZCash (ZEC) as one of its major digital assets on their groundbreaking Gemini exchange. When the announcement was made, ZEC rallied in the market by showing a 45% increment in value. The coin made it to $357 in a matter of hours.

Further assessing the currently available digital assets on the Gemini platform, we find that the exchange currently has USD pairings for only Bitcoin (BTC), Ethereum and ZEC. There is also additional pairings of ETH/BTC, ZEC/BTC and ZEC/ETH with plans to onboard Litecoin in the coming days.

Another thing to note is that the exchange also provides custodial services for institutional investors thus giving ZEC the much-needed exposure to the firms on Wall Street. Custodial services provide a guarantee that all digital assets on the platform are stored by a licensed entity thus extinguishing any cybersecurity concerns. For an entity to be licensed in New York for custodial services, the proper due diligence and research have been done.

Another thing that makes the Gemini exchange attractive and appealing to institutional investors, is that all USD deposits are insured by the FDIC. The latter entity is the Federal Deposit Insurance Corporation that provides insurance for USD deposits in American banks. This means that once again, the funds of individual and institutional investors are safe and insured, further making…

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Altcoins

Ripple XRP Mega Breakout: What’s Next?

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Ripple XRP mega breakout
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The Ripple XRP mega breakout that we were calling for happened and happened much quicker than anyone expected. As we said yesterday:

Nonetheless, IF, Ripple is capable of going ‘topside’ of the .38 figure at any point in the days/weeks ahead, such development, should it occur, would likely trigger its next advance into the .42 – .47 zone, representing a 30-40% move from present levels. On the flip-side, the .25 – .26 area should offer short-term potential support.

XRP is now sitting at .51704  as we write this article this morning, representing gains of 61% since we alerted our readers and our Global Elite email newsletter members.

Ripple XRP Mega Breakout

The Ripple XRP mega breakout is significant because it’s the first time XRP has been above its 50-day moving average since May. Right now, the RSI is approaching 80, so we are in overbought territory and we expect the price to consolidate around the .42 to .47 level before resuming its uptrend.

While some are looking at this as an opportunity to short XRP, we are not of that camp. While some can book some profits and use a trailing stop, any integration of XRP with xRapid has the ability to create a tremendous move in XRP. As Travis Kling said this week on the Off the Chain podcast with Anthony Pompliano, XRP could be the quickest five-bagger investors…

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