IBM has announced partnership with Stellar Lumens to improve the speed in which banks both clear and settle payment transactions in near-real time. Their solution is already processing twelve currency corridors in Australia, New Zealand, United Kingdom and Pacific Islands. It will also achieve goal of extending financial services to one billion people by the year 2020. For instance, their new partnership will allow a farmer in Samoa to make a trade with buyer residing in Indonesia. The Stellar Lumens’ blockchain will be used to record the contract and manage trade documentation. This will allow the farmer to put up collateral, obtain letters of credit and finalize transaction terms.
OmiseGo utilizes the P2P shared technique. It makes continuous installments and contains computerized ETH Ethereum wallets. Both decentralized and fiat monetary forms are gotten to on this stage since it depends on the unmistakable blockchain innovation. It holds an unmistakable financial development with an air drop motion.
Kabuto coin KBC is a new cryptocurrency that is slated to be the official currency for the Kingdom of Kabuto which is a new independent zone on Earth. The founder behind Kabuto coin is planning to buy their own Island to create tax free haven. And since there are no island nowadays, they will have to buy it. They already have their eyes on Caribbean islands and this is the only way they will be able to set their rules.
Ethereum market cap has already crossed 50 percent with bitcoin and this is something that was forseen by Gavin and Mike. There are many reasons behind it with sheer number of projects that are being developed on the Ethereum and that is why the utility of Ethereum is increasing on a daily basis.