Stellar plans to tackle down Ripple and Ethereum with its Lumens (XLM)
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Stellar plans to tackle down Ripple and Ethereum with its Lumens (XLM)

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Stellar

Stellar (XLM) has been giving a lot to talk about in the cryptocurrency world lately, each and every one of its initiatives is becoming a boom in the market, to the point where now the company seems to be on its way to diminish the outstanding works that other crypto companies have been making till today.

Perhaps that could be the case of some of the most consolidated companies like Ripple or Ethereum, which actually could be at high risk after Stellar deployed its bold move of partnering with IBM; a deal that might grant them the adoption of its lumen on all of the central banks around the globe.

Still, it is early to determine if that would be the final result, but if so, not only would be a very serious competitive ambush for companies like Ripple, it would also make the price of Stellar grow significantly.

Furthermore, if we rewind a little bit the time we can see the event that set a milestone back in January when the $39 million ICO, Mobius, chose the Stellar network over the one of Ethereum. At the moment the decision responded to the Ethereum security and scalability problems, a great risk that, of course, the Mobius project couldn’t allow to run.

Consequently, the confidence vote was then for the Stellar platform, a deal that surely promised to increase the number of Dapps later; and as we can see right now, the promise was absolutely authentic.

Like this, now the concern goes to the Ethereum investors and developers regarding the smart contract decisions Stellar is making, would it be possible for the company to conquer its customers again? The task now doesn’t look that simple.

What’s more, recently a migration wave has started among the Ethereum clients, which in search of a more secure platform, are moving to the brilliant smart contracts platform of Stellar.

The movement started with the Kin foundation announcing they were adding Stellar as a second platform, a fact that, on many levels let it clear that the Stellar network is simply a better blockchain; and this is not surprising at all, Ethereum appears to be dealing with lots of issues from long ago now – and what’s worse, the solutions haven’t been determined yet.

Similarly, another blockchain project has decided to migrate to Stellar, in fact, a week ago the project Heir chose to take a try into the platform of the company, and the results were beyond the expected – which proves that every time developers turn to it, they are more grateful for how valuable the platform is for smart contracts.

This way, it is highly expected that similar actions are taken by other companies in the sector, and this is something Stellar plans to exploit, in fact, the company is currently working on other projects for its customers already.

So concluding, how does the future look for Stellar? Well, all the investors can expect a great increase in the value of the company, while more and more projects are created, and as is happening, more and more companies embrace it, the result would be an incredible growing behavior.

The whole market is a little stuck now, so doubtlessly the best option is to look for a coin with a looking-good future and place a bet on it, and guess what? Stellar (XLM) could be that bet you’re chasing.

We will be updating our subscribers as soon as we know more. For the latest on XLM, sign up below!

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 Dr. Wendy Longo via Flickr

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How Can Foreigners Get Loans in Singapore

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loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip

As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies like Bitcoin and Dash, to help protect their assets and hard-earned…

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