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.
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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3 Coins Coinbase Will Adopt Next
Coinbase is one of the largest and most popular cryptocurrency exchanges in the world. However, throughout its existence, it was very picky when it comes to which coin it will adopt. So much so, that it has become a very large achievement to get support by the exchange.
Recently, however, Coinbase has decided to act on its users’ wishes and expand its list of accepted coins. In theory, this was a big deal, and the exchange actually started looking into a lot of coins. However, it only adopted a few of them. Right now, Coinbase is supporting Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, USD Coin, Basic Attention Token, and 0x.
Even so, Coinbase wishes to add more of them, but only after it ensured that the coins are a part of legitimate, non-controversial projects. As a result, the entire crypto community started speculating about which coins will be added next. This will also be something that we will try to answer today, by listing three projects that are the most probable candidates.
EOS or Ethereum On Steroids, as some like to call it, is a more than a decent project that has made headlines multiple times this year due to its progress. It managed to launch its own MainNet, which made it perfect for dApp development and smart contract creation. This makes it similar to ETH, but many…
What Will It Take For Bitcoin (BTC) To Rise Again?
It is no secret that 2018 has been a terrible year for cryptocurrencies when it comes to their value. Things looked so bright during the first few days of this year, with Bitcoin hitting $20,086 per coin, and every altcoin reaching new heights. However, it was not to last, and soon enough, the market crashed, and prices went down.
What followed was months and months of a heavily bearish market that kept pushing the prices further and further down. It prevented any attempt of recovery, although several of them gave it their best shot.
Despite a situation like this, crypto investors never forgot the potential of Bitcoin, and many have been predicting another bull run that would have the same results. Those expectations were quite large, and potentially even unrealistic at first. Now, however, as the year approaches its end, it doesn’t seem like anything will happen. The community started to wonder why that is, and what would it take for another bull run to emerge, which is what we will try to answer right now.
What does Bitcoin need in order to have another bull run?
1. Bringing regulation
The crypto space remains highly unregulated in most parts of the world, which is one of the largest reasons why BTC remains dormant. While there are attempts to regulate it, these attempts are made even more difficult due to the fact that the market is constantly changing and…
Stellar plans to Airdrop 150 Million USD in XLM to Blockchain Wallet Users
Recently the Stellar Development Foundation partnered with Blockchain Wallet to airdrop $150 million value of XLM, to the owners of the wallet. The Block declared that the first batch of XLM would be shared this week for all users who signed up to use the Blockchain wallet.
The team behind the stellar Development Foundation hopes that this partnership will make XLM a real rival for other cryptocurrencies from the market.
The co-founder of Stellar, Jed McCaleb declared the following about the airdrop:
“We believe that airdrops are central to creating a more inclusive digital economy. Giving away lumens for free is an invitation to communities to design the services they need.
By working with Blockchain to increase the availability and active use of lumens on the network, we will increase the network’s utility by many orders of magnitude.”
Just $25 value of XLM each
To share some respect to the worth of XLM will distribute for each user, the team of Blockchain wallet declared that after verifying the identity when signing up to the wallet, $25 value of XLM will be shared to each. Furthermore, there will be a first- come and the first-served clause in this airdrop which says:
” Offer available until XLM giveaway supply is depleted. Limit of one XLM airdrop per person, unless participating in any bonus activities.
A person can receive the XLM airdrop in only 1 Blockchain Wallet. XLM…
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