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Neo (NEO): A cryptocurrency that’s more than useful!

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More investors are involved in the crypto-coin world now than ever before. But ever since Bitcoin appeared there’s been a single question on every body’s mind “I have it now, and how the heck do I use it?”

Well, the thing about Neo is that you can use it already. Many outlets have adopted it, and it’s made transactions easier for them and their customers in international transactions and smart contracts. It’s being called the “Chinese Ethereum,” and it’s collected a huge fan base. It was called Antshares before, and it’s been going through the roof for a full year already.

Being able to use NEO is a milestone in cryptocurrency history. It’s listed on Bittrex which is an assurance of how a Chinese crypto coin is conquering the world (it’s not the only one, Tron was founded in Singapore, but it’s no secret that the leadership and work come out of Beijing).

The sheer usability the coin has secured several essential partnerships for them, and each partnership has made the currency more reliable and trusted even in some remote areas.

So why is it working this well?

Think certainty and scalability for a start. It’s compatible with a wide range of different applications which makes it very flexible. Developers can do decentralized apps easily based on the NEO blockchain without much specialization (if you know Java, which almost every programmer does, you’re on the other side).

The NEO net can manage up to ten thousand transactions per second which put it right on the forefront, even EOS and Tron’s new Main Nets will have a hard time competing with that kind of speeds. 

Neo is also a digital identity tool, and it boasts the best integrity available in the crypto world. You put all that together and what you get is the ideal environment for digital transactions and the coin that can deal with them.

That’s why more partners are standing in line to adopt this blockchain and currency to get real-life solutions. Identity authentication through the Neo app is just too comfortable and convenient, superior to most other options.

DBFT technology backs Neo’s transfers besides the Neo blockchain. That makes every operation secure, final, and very fast wherever you are at any time you need them. They’re seamless, and they are positioning Neo as the future’s platform.

Using Neo in real-life

Neo gives you the best of both fiat and digital currencies. When you transact using Neo you get a digital certificate that has legal validity and, as a user, the network’s platform gives you full safety.

Then there’s the identity verification issue which is so crucial in the digital world. Neo does this better than any other platform for both individuals and organizations. Forget about identifications, Neo just needs your fingerprints or your voice, and you’re ready to go.

The programming language also makes everything so much more comfortable so you can make smarts contracts easily. It just makes it so much more straightforward than other platforms.

Neo’s partners

If you should read the list of companies that are already taking Neo, you’d be amazed. Some of the most significant global players are on the list but also some smaller outlets. The Neo network is increasing very quickly and it won’t be too long before your local store a few blocks away will be adopting it.

Just think about these two global firms: Microsoft and Alibaba

Alibaba is taking Neo coins these days as payment and if you know Alibaba you know you can buy just about everything there wherever you are in the world. They call it the Chinese Amazon but, in fact, it’s better because you can’t do wholesale at Amazon but Alibaba specializes in that. Neo is now working with them on a Mail Certification Service so that international logistics are easier and safer.


Microsoft is using Neo to ensure fast and secure access to its products using NEO as payment. These are just two examples. They illustrate how Neo is positioning itself to bring cryptocurrencies into the real-world and change the game. Global business is being reshaped by this technology already in general, and this crypto coin in particular because it’s so readily compatible with so many systems.

Neo’s price has fluctuated a lot over the last year, as it’s happened to most crypto coins. But its resilience has been proven beyond any reasonable doubt, and serious investors love it. It’s the world’s eleventh coin in terms of market capitalization, and it’s currently at $56.41.

And it can only go up once other big players realize how well the technology will work for Alibaba and Microsoft. The coin is expensive compared to Ripple or Tron, but you still should keep an eye on it.

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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.

Image courtesy of Pxhere.com

Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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