At the moment of writing, Stellar (XLM) is the 6th largest cryptocurrency of the market with a price per token of $0.22, a market capitalization of $4,303,737,475, and an increase of 4.91% in the last 24 hours.
Without a doubt, Stellar represents one of the top cryptos, and that let us assume that both the strategies and projects that the company deploys are quite good in terms of usability and benefits for the community in general terms.
As a matter of fact, Stellar (XLM) has become one of the preferred platforms when it comes to launching a project in the blockchain, and the same way, it has accomplished to create the most revolutionary projects in order to make 2018 the best year for the crypto.
Let’s see all of the details behind each one of the initiatives that the company has created.
IBM payment solution
Stellar has managed to partner with the technology giant IBM, and it was known that both companies are working hand-in-hand in order to improve the payment systems of IBM.
This results particularly exciting considering the fact that IBM has partnered as well with several banks and financial institutions, even including central banks and federal institutions. So just with the existence of the collaboration, many opportunities open up for both crypto and fiat sectors.
The Veridium project
Veridium.io is another cryptocurrency project that was created through the alliance between IBM and Stellar, the project was actually born with the intention of reducing the impact of carbon emissions in the atmosphere.
The idea was beyond innovative because the project seeks to incorporate VERDE (the native token) into carbon, gas, and oil trading platforms to automate the whole process of counter-attacking the emissions of carbon in these trades.
StellarX.io is a decentralized exchange project that is backed by the Stellar lumens. In fact, this has been one of the main critiques that the project has received so far, considering the fact that the decentralized part would be put into question due to the presence of Stellar as a third party. However, the project has great opportunities, and as it seems, it could launch the value of Stellar (XLM) to unimaginable heights.
OpenGarden.com is a project that focuses mainly on undeveloped countries such as the African region. It offers the opportunity of having free internet through a wifi hotspot for those who don’t have access to the net in their places.
TillBilly.com is a project that seeks to integrate a retail outlet into the Stellar network. It is envisioned that besides being cheaper and faster than credit/debit cards, and platforms such as Apple Pay, the platform will also reward those who use it with Stellar lumens.
Slice.Market is a project that seeks to bring the Real Estate business into the crypto world by tokenizing Real-Estate transactions and operations between two people that even may be located in different parts of the world.
SureRemit.co is another project that involves undeveloped regions like Africa. The project seeks to provide a faster and cheaper solution for sending remittances back home from literally any place in the world.
SmartLands.io is another project that is seeking to tokenize a specific area of the industry, in this case, agriculture.
Each one of the projects that Stellar (XLM) is deploying or being used in, offers a clear evidence that the token will speed-up its growth in the market very soon. So stay tuned, you may be surprised with the updates of the crypto.
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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 thorough research before investing in any cryptocurrency and read our full disclaimer.
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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //
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