drbubb Posted August 13, 2018 Report Share Posted August 13, 2018 STELLAR & Lumens / XLM : Payment applicatons etc #6 Stellar $4,352,212,484 $0.231853 $63,909,192 18,771,403,805 XLM * 2.98% COIN ... update : ALL / Last: $0.232 (#6 in MktCap) (summary) BitChikk's Tracy Li reports on... Stellar & Lumens EXCERPT Since 2014, there have been numerous innovations for blockchain projects, one of which was Stellar, released in April 2015. Stellar serves a very specific niche, which is to bring together big and small financial institutions like banks, payment aggregators, fintech companies and ordinary users into a single platform that allows money to be moved like email. Stellar is also an ideal alternative to Ethereum as an ICO platform that does not require complex smart contracts. What is Stellar?Stellar is a blockchain network and protocol for moving and exchanging assets almost instantaneously, peer-to-peer, in one decentralized ledger and platform. It is paving the way for a more inclusive global infrastructure for payments. To better understand what stellar is, ask yourself these questions: Don’t you find it convenient when you are in a foreign country that you can withdraw from their ATMs using your Philippine-based ATM card and receive the money converted to their local currency? That convenience comes with a cost of 150 Php to 200 Php, but what if there is a better alternative that would only cost you a few cents (in Php)? What if there is a much cheaper alternative for OFWs to send money to their families in the Philippines? What if you can facilitate micropayments online with very little to no overhead on transaction fees? What if you are a rural bank and would like to move money cross-border but you don’t have the resources like a bigger bank has, such as an access to the SWIFT network? What if you can tokenize your assets and sell them in an exchange instantly? What if you can pay for your coffee with a token representing an asset? The list can go on, but all of these can be done in Stellar. > https://bitchikka.com/beginners-guide-to-stellar/ > Makati-Prime thread -BitChikka : Women educating re: Blockchain Stellar’s Social Mission: To provide financial services to the unbanked > More: How it Works Stellar Acct. Viewer: https://www.stellar.org/account-viewer/#!/ Link to comment Share on other sites More sharing options...
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