It comes as a surprise that in this era of cryptocurrency and the blockchain technology, many people are yet to make investment moves. It is worth mentioning that there are underlying factors that make crypto coins worth every dime you invest.
Bitcoin (BTC), Iota (MIOTA), and Stellar (XLM) are three crypto coins with great prospective. Below are the hidden treasures, which prospective investors are yet to notice about each of these coins.
Iota (MIOTA)’s IoT Prospects
The internet, whose inception was in the ‘90s, has since become a standard for communication. The blockchain era which came up in the early months of 2010, established a new way of communication. The decentralized outlook entails total annihilation of intermediaries.
Many projects took root from this impressive technology and IOTA (MIOTA) is already making waves on the premise. Now, the global community of smartphone and tech users awaits delegations of more Internet of Things (IoT) devices.
Futuristic investors are taking cognizance of the coin’s decentralized approach to IoT. From its formulations, Iota (MIOTA) makes use of the Tangle distributed ledger technology to bring full-scale decentralization to Internet of Things (IoT). The implication of this move is that tech companies, such as automobile manufacturers and logistic companies can utilize its IoT solutions to offer real-time updates to users in a decentralized manner. Given the blockchain’s restriction of intermediaries and full-scale security, end-users look to benefit from IOTA (MIOTA)’s IoT prospects.
Scalable Cross-Border Remittance
When lags are prominent in a transaction, users tend to dump the platform and seek faster alternatives. The needed scalability in cross-border remittance is what Stellar Lumen’s XLM offers to the teeming community of crypto users.
The network has the capacity to handle thousands of transactions per second. The features that make the coins’ cross-border remittance postulations stand out of the crowd are the low costs of transactions, no intermediaries, and direct remittance to end-users. In light of this, you can benefit from the security embedded in each transaction while getting your funds in good time.
Bitcoin (BTC) as a Store of Value
Despite the volatility hitches and faced by expensive transaction costs, Bitcoin (BTC) remains a force to reckon with. It forged a new outlook for itself with the patterning as a store of value. The coin is not only efficient to some extent in cross-border transactions, but also help crypto holders and trader alike to store their assets for future use. To this end, the reasons to make use of BTC for transactions are clear. Hopefully, more investors will take interest and invest on the coin.
Final Words
The neglect that trailed Bitcoin (BTC) in its formative years is not lost on alternative coins (altcoins). Despite limited adoptions, prospective coins, such as Stellar (XLM), Bitcoin (BTC), and Iota (MIOTA) have underlying features that make them worth investing. These will certainly make the case for these coins. When the prospect that comes with investing on them prevails, investors can then make a buy.
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Source: “bitcoin” – Google News