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The strategy under the sleeve that Stellar (XLM) holds for 2018

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Stellar
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At first sight, it looks clear that Stellar designed a plan, very carefully, to attract new potential users for 2018 and even further; and the truth is they are successfully making it.

The plan Stellar XLM has made represents a vast range for the future they’re envisioning; one where if you haven’t invested yet in their coin, you should probably need to reconsider it.

Do you want to see what strategies I am talking about? Let’s take a deeper look below:

Stellar takes advantages of Ethereum deficiencies

Even though the popularity of Ethereum has significantly grown, some of their primary processes are still misfiring, letting the coin stay with some vulnerabilities that somehow Stellar may efficiently resolve.

The major attribute that has created traction for Ethereum has been the smart contract concept; and according to different reports, at least 34,000 out of 1 million contracts downloaded were deficient.

It is like this that Stellar appears on the frame since the ICO of Ethereum seems to be needing a base transfer to a safer platform. And on the other hand, Stellar has one of the most reputed platforms at the moment, with the characteristic of the mega signature on the execution of a smart contract, a must in a 100% foolproof system.

Stellar plans to defeat Ripple in their own ground

The similarities in these two platforms are remarkable, on the one hand, they both offer the same service, cross-border currency transfer, and banking. On the other, both supply their users with a gateway to connect them with their respective Blockchain.

In short, both are fighting for the same user target, and at the end, only one will be the winner; a title XLM plans to obtain by using xRapid, xVia and xCurrent.

Stellar organizes win-win alliances in order to excel their service

Alliances are crucial for cryptocurrencies, and Stellar is in fact, taking advantage of it. The first partnership was with IBM and Deloitte, a delightful common work that allowed the users to be more confident while putting on a bet. Consequently, the American technology company, Stripe, endorsed XLM and decided to support the project widely.

At the same time, in May, Stellar will launch “Stellarport”, an exchange platform that will allow users to access new ICO coins in a real-time matter. It is expected from this, that Stellar may put to function on the platform the technology FairX from IBM, which will make trading transactions way faster.

New Technology deployed on the Stellar network

Stellar XLM is thinking of using Lighting network, a technology that will allow them to be able to manage a massive number of users without compromising the quality of transactions.

It seems like Stellar plans to learn from other’s mistakes, like the case of Bitcoin, that definitely was not prepared for the humongous amount of clients they received. Unlike them, Stellar, knowing that is right on track of making alliances to increase their users base, want to improve already the platform the clients would have to handle.

Stellar applying for a more global market

Stellar plans to expand on a global level, but in this case, they’re thinking of diving into markets unexplored someway. That is the case of the African market, one the most untouched financial environments in the world.

The strategy is to engage with all of the increasing technological population in the region, and all the people who live in the urban zones.

As a result, the company expects to fight firmly with other platforms such as MoneyGram, Western Union, and even the local M-pesa.

Summing up, all of the strategies Stellar is working on, tend to make the lives of the users more straightforward and favorable; and that’s something definitely people are likely to embrace, so as a consequence what we can predict for the future of Stellar XLM, is an incredible success.

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.

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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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…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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