Blog

  • NEM: Community-Led Public Chain with a Pluggable Private Network

    NEM: Community-Led Public Chain with a Pluggable Private Network

    The strength of the NEM foundation blockchain ecosystem remains the community, it’s a completely autonomous community-driven project that has come together to solve lingering problems that exist in the enterprise and business worlds. Many of NEM development over the years have been a product of pure community involvement and development. This is one reason following the development of the symbol network, NEM social hub was created alongside to serve the purpose of bringing together participants of the blockchain in the spirit of bonding.

    Even though Symbol fuses together the world of commerce to NEM infrastructure, the community remain the epicenter of that development, to ensure this sustainability and involvement of the community, the team at NEM work to develop NEM hub a social media-like ecosystem dedicated to users, exclusively accessed by trustless proof of XEM ownership.

    Anyone holding the XEM coins has the rare privilege of connecting to a vast network of people from walks of life, region, and races and who are blockchain enthusiasts themselves with a wide range of businesses and enterprises.

    NEM Hub has been launched through the use of DaoMaker social mining platform, an Europe based accelerator startup in the blockchain. By simply connecting your socials into the social mining platforms, XEM holders can take part in the social activities and get rewarded for little efforts.

    nem-daomaker-explanation-guide-for-interested-participants

    NEM Daomaker explanation guide for interested participants

    NEM Hub hopes to power the voice of the community, help to focus much more on the enterprise growth focus of Symbol, and does not interfere with the power the community has. The Hub however empowers the community members to easily organize its efforts, voice, and validate its position among the community achieving a consensus towards the growth and direction of the NSI1 public chain. It is the hope that the community decision making powers in the development of the ecosystem remains valid and potent.

    The newly launched Symbol network will launch to create a private-public hybrid development by connecting and syncing with NSI1 public chain, strengthening all of the attributes expected and associated with the Symbol network eg Security, Interoperability amongst various chains, dapps, apps and APIs, speed and flow of data well organized.

    The ease of doing business that will be achieved with the Symbol will be unparalleled when compared with other solutions existing in the blockchain. The cost is hoped to be super minimal lowering the possibility of high fees. The decentralized nature of the social hub will ensure that no one takes control of the discussion since the decision for NSI1 chain growth and development is democratic.

    Symbol the enterprise-ready network on one hand will function as a private plugin for the platform while NSI1 chain will function as an ever secure public network.

    About NEM NSI1 public chain

    NSI1 is NEM’s original blockchain platform offering flexibility and tailored solutions through simple but powerful built in features. Its advantages stand tall amongst existing blockchain infrastructure providing the same solutions.

    nem-logo-symbol
    • Performance is optimized in the NSI1 blockchain, designed and coded from scratch to ensure scalability and speed.
    • NSI1 can be used with any programming language ensuring flexibility and ease of development with any program.
    • Built on two-layered architecture providing an incredibly secure and stable platform Eigentrust++ and an incentivized public Node.

    About Symbol Network

    Symbol is the trusted and secured value exchange private network plugin for business enterprise, aims to smoothen business friction increasing the flow of data and innovation, improving upon the flexibility associated with tokenization of businesses.

    nem-symbol-plguin

    Symbol connects developers, platforms and businesses, enabling an endless stream of possibilities, reducing the costs and complexities of existing processes and providing a platform for new businesses and innovations.

  • Bitcoin Remains on the Same Spot as it Tests Resistance Level Again

    Bitcoin Remains on the Same Spot as it Tests Resistance Level Again

    Key Highlights:

    • Bitcoin still trying to propel through $10,000
    • A clear candlestick above $245 could signal a rally for Ethereum
    • Low-cap altcoins have stolen the spotlight

    Bitcoin has continued to move rapidly without a clear upward or downward movement with the price not yet showing clear signs of stability. The height of the stagnation of the leading digital asset was seen after it stood at $9,000 most of the time. On that same day, Bitcoin was selling at around $9,250 in the morning, and a little while later, its price witnessed a decline to trade at $9,100. Towards the end of the day, the most valuable digital asset saw a major bull run that recovered the losses it suffered earlier.

    Bitcoin sees a slight decline to close up the day.

    Thankfully, the buying pressure that was much needed was felt as the coin registered a 0.13% profit to cap off the day. Removing the fact that Bitcoin has witnessed a massive price deduction as the year progressed, it is still currently showing no signs of abating as it has been trading in the downward level. As a result of the pattern around it, if the crypto suffers a decline, it records a quick surge and goes directly back to make a downward trend. 

    For months now, Bitcoin has failed several times to break above the resistance level, which it tried again recently. If enough buyers troop into the Bitcoin market, it would page way for the king crypto to successfully break into the $10,000 mark. If the coin falls yet again to break above the resistance mark, then it would witness another price decline that could push it back. If it fails to break the news resistance level set at $9,300, it could further make a decline to move to around $8,600. 

    Ethereum witness decline as altcoins witness surge

    Bitcoin is not the only asset going through times as Ethereum is also going through a little spasm of low volatility. Like the way Bitcoin witnessed a small decline at the beginning of the market day on July 14, Ethereum also witnessed a 1.09% decline to begin the day as it hurried from $239 to $237. A massive buy of the second-largest digital asset saw it record a quick surge to gain around 2.11% to trade at $242. To finish the day, Ethereum quickly underwent a rapid price correction to close the day at $240.

    Talking from a technical perspective, the price action that has been seen in recent days has forced a squeeze of the Bollinger bands. If past events are anything to go by, squeezes mean that there is a present stagnation in the market, and following this would be a massive break out. As it stands now, the price movement of Ethereum is currently unknown, but the lower and upper trade zone is a no go area. The obstacles are currently around the $245 and the $247 mark, respectively, and it is only the candlestick that would show the direction of the price movement.

    Top 3 Coins to Watch this Week >

    Smaller altcoins are the kings of the show as they have posted rapid upward price movements over the weekend. With Bitcoin and Ethereum currently showing relatively slow progress, altcoins have been gaining massive profits since the beginning of the month. Although investors are currently enjoying the profit from the altcoins, a long term price movement has gotten them extremely worried. Experts have said that if investors are patient, Bitcoin and Ethereum will enjoy in the long run.

  • U.K Startup is Bringing Advertising Back to the Crypto Industry

    U.K Startup is Bringing Advertising Back to the Crypto Industry

    Cryptocurrencies have been growing for over a decade now, having so far reached their popularity peak in 2018 when the Bitcoin price quickly hit the $20,000 mark before crashing abruptly.

    The short-lived explosion in the crypto industry came with a heavy toll for the ecosystem. Initial Coin Offerings (ICOs) were quickly overtaken by low-quality projects which separated many hard-working crypto enthusiasts from their hard-earned savings, one way or another.

    Rampant malicious activity in the ICO space led regulatory bodies and companies alike to take immediate action in order to protect their customers and the general public. As so, in 2019, essential ad networks like Google and Facebook advertising banned all advertising campaigns for or related to cryptocurrencies.

    This broad prohibition on cryptocurrency-related advertising has hindered the growth of the digital asset space to a degree but it has also opened an opportunity for companies to innovate and to create targeted solutions that can serve the complex needs of the current emerging crypto market, while being completely scalable.

    Last year, Milo McCloud & Paul Burnham seized the opportunity to fulfil this vacuum within the cryptosphere and to leverage their experience in the advertising and blockchain industries to create new and targeted products.

    The two UK-based entrepreneurs launched Paradox Group, a crypto-centric advertising network providing a wide range of options for user acquisition and brand awareness, while eliminating the need for multiple advertising tools. The company boasts official advertising partners like CryptoSlate and currently provides services to industry leaders like Coingaming, Nexo, Sportsbet.io, Bitcasino, WorldMarkets, among others. Jake Daffern, founder at one of the companies helped by Paradox Group told us:

    “Dealing with Paradox is a breath of fresh air. The guys set themselves apart with their natural ambition, hard-working attitude, and creativity. Milo, especially, is always thinking of ways to improve the functionality of your business using a range of tools and techniques – a true consultant in his field. The team is not afraid of a challenge and has helped me battle technical and marketing issues at ungodly hours. Anyone provided with the opportunity to work with Paradox should take it with both hands.”

    What sets the Paradox Group apart

    Paradox provides: CPC and CPM-based display campaigns, press releases & sponsored articles along with writing services, native ads and email sponsorships, among other options and fully-personalized customer support. It will soon offer a fully-functional marketplace and even allows clients to pay in 40 different currencies.

    Paradox is able to provide tailored advertising services that generate measurable results for the client. Advertisers can easily view detailed analytics and campaign breakdowns in their personal dashboard.  All of these features not only eliminate the need for the traditional ad networks, they also introduce new, industry-specific options for advertisers.

    The innovative advertising company leverages a large network of contacts within the industry and relies on effective KYC procedures to vet their customers. As industry insiders, Paradox is in a unique position to perform due diligence on advertisers, a granular service that traditional advertising giants like Google or Facebook simply cannot provide.

    Paradox Group – a new take on digital advertising

    The great Greek philosopher Plato once said that “necessity is the mother of invention” and the Paradox Group is a perfect example of how new and creative services and business models can flourish from a lack of access to traditional options.

    Moreover, Paradox Group aims to stay loyal to the values of financial inclusion and overall social improvement resonant with crypto and its community, pledging to donate a monthly fee to the Children With Cancer Foundation in the U.K and other causes while also focusing on educating their user base and overall internet about the intricacies of cryptocurrencies, blockchain, and fintech.

    So whether you’re a cryptocurrency-centric business looking to make a splash or a publisher looking for a more efficient and profitable way to monetize your business, Paradox Group may be the solution you’re looking for. Start your marketing plan with Paradox Group today at paradoxgroup.co.

  • Digital currency is being considered by the U.K. central bank

    Digital currency is being considered by the U.K. central bank

    Key highlights:

    • The Bank of England is exploring the creation of a digital currency
    • BoE governor Andrew Bailey says a central bank digital currency could have huge implications for society
    • Digital currency in a central bank should be considered and planned well

    On Monday, the governor of the Bank of England discussed the possibility of having a digital currency for the U.K. central bank.

    Digital currency for Britain’s central bank

    As reported by Bloomberg, Bank of England governor Andrew Bailey was heard mentioning the bank’s interest in issuing a central bank digital currency or CBDC during a student webinar.

    “We are looking at the question of, should we create a Bank of England digital currency. We’ll go on looking at it, as it does have huge implications on the nature of payments and society. I think in a few years time, we will be heading toward some sort of digital currency,” Bailey said

    Digital currency could be an advantage and should be considered

    Among the vast number of central banks around the globe, the Bank of England is thus far noted to be considering the action of creating wholly digital versions of home currencies. If the U.K. central bank pursues its plan of developing a digital currency, it could give an advantage to the British pound over the other currencies such as the USD and EUR. As a member of the group of major central banks, the Bank of England is fully considering all areas before implementing the said plan. It may take some time for this development to arise.

    Sarah John, the Bank of England’s chief cashier and director of notes mentioned that researching digital currencies is ‘crucial’ for central banks. She also added:

    “It is absolutely right that central banks think about whether a public sector or private sector would be best to provide a digital currency going forward.” Central banks are indeed experimenting with digital currencies nowadays. The implementation takes courage and persistence, especially during the trying times of the COVID-19 pandemic. As the governor of Bank of England said, “The digital currency issue will be a very big issue. I hope it is, because that means Covid will be behind us.”.

  • Cosmos, Polkadot, and Terra Team Up to Develop a DeFi Product That Promises Reliable Interest Rates

    Cosmos, Polkadot, and Terra Team Up to Develop a DeFi Product That Promises Reliable Interest Rates

    • Anchor, a DeFi savings product that promises reliable interest rates, is scheduled to launch in Q3 this year
    • The capital for interest rates will derive from staking rewards
    • The project will be launched on Cosmos, Polkadot and Terra blockchains first, but could scale to other PoS blockchains in the future

    Three big blockchain companies, Cosmos, Polkadot, and Terra have teamed up to develop a DeFi savings product that aims to offer reliable interest rates on stablecoin deposits. The product, which will be called ‘Anchor’, was announced at the still ongoing Unitize conference on July 6th.

    Anchor Launch Scheduled for Q3 This Year

    According to the announcement, Cosmos, Polkadot, and Terra plan to launch Anchor across their respective blockchains already by the end of Q3 this year. Furthermore, the DeFi savings account will not be limited to these three blockchains only but will scale across other Proof-of-Stake blockchains in the future.

    The joint operation’s Anchor aims to contest projects like Maker and Compound by offering a far more reliable interest rate. Do Kwon, founder and CEO of Terra, explained:

    “While DeFi staples such as Maker and Compound have been revolutionary in creating fully decentralized crypto money markets, the volatility of their interest rates makes them unsuitable to be used as a household savings product. DeFi mass adoption needs the creation of a fully decentralized savings account that offers dependable APR.”

    Interest is Derived from Staking Rewards

    But how will Anchor be able to ensure a relatively steady interest rate, you may question. After the platform’s smart contracts receive stablecoin deposits, a portion of them will be used to acquire staking positions on compatible Proof-of-Stake blockchains. Most of the users’ passive income thereby comes from these staking rewards.

    The development and operation of the joint venture will be overseen by a newly formed Interchain Asset Association (IAA), that consists of Do Kwon of Terraform Labs, Zaki Manian of Cosmos, and Jack Platts of the Web3 Foundation.

    The partnered Proof-of-Stake blockchains have been otherwise very active lately. In late June, Polkadot announced a partnership with Gitcoin project, which will help in finding community support and funding. Meanwhile, the Cosmos (ATOM) network has recently seen the launch of Kava decentralized finance (DeFi) protocol on their blockchain.

  • Fetch.ai reveals open-source Collective Learning framework to enable decentralized machine learning applications on Fetch.ai (FET) network

    Fetch.ai reveals open-source Collective Learning framework to enable decentralized machine learning applications on Fetch.ai (FET) network

    Cambridge, UK – Fetch.ai today announced the development and release of software demonstrating novel machine algorithms that will enable developers and enterprises to train machine learning models without sharing any underlying data or exposing private or personally identifying information (PII) to any of the individual participants of the system.  

    The software deployment is the next stage in the progressive release of the Fetch.ai network (FET) which is a Tokenized Open-Source Software stack built on a decentralized network of distributed system operators.

    Humayun Sheikh, CEO and co-founder of Fetch.ai commented:

    “With this release, we are progressively building functionality into the Fetch.ai network, increasing utility, and developability for application builders to train AI collectively and  deploy agent-based software solutions on the Fetch.ai open network”.

    Toby Simpson CTO, and co-founder of Fetch.ai continued:

    “As our healthcare demonstration shows, these algorithms will enable organisations to train machine learning models in new, privacy preserving ways which previously had not been possible, helping realize our vision of an open, global-scale machine learning network”.

    The breakthrough vision of Fetch.ai, a Cambridge-based artificial intelligence company, is to create a decentralized machine learning platform based on distributed ledger technology, that enables secure sharing, connection and transactions based on data globally.  

    Fetch.ai’s network is based around an open-source technology that any business can operate to gain access to the power of a world-scale AI network, to carry out complex coordination tasks in the modern economy.  

    The advances in Artificial Intelligence over the past decade have been driven by the revolution in “machine learning” – the ability of computers to perform processes or tasks, using algorithms that “learn” from past experience. This has driven huge improvements in how rapidly and cost-effectively businesses can operate at scale, as well as unlocking new economic opportunities. 

    One of the current limitations of the Machine Learning revolution is the extent that data can be securely and ethically shared to deliver value for businesses and users. At present, huge data aggregators now control large portions of our online lives, presenting ethical and legal challenges. This data often resides  in standalone “silos” where its value cannot be fully realized. 

    Decentralized Machine Learning enables privacy preserving training on remote data models to enable new forms of collaboration. Fetch.ai is releasing a code module to enable anyone to deliver collective learning solutions within their organisation. For more information or to discover more about decentralized machine learning, please visit fetch.ai.

  • Tokenization of assets – What is this all about?

    Tokenization of assets – What is this all about?

    Tokens are actually an old concept. Indeed, if we think of the original gold notes jewelers gave those depositing precious metals with them, we would realize that tokens were the original form of money. Nowadays, physical tokens are still very much in use, such as casino chips used to represent the money deposited in the casino to play at the tables. The idea of using some sort of object or plastic chip- as a representation of an underlying asset has a long history.

    TrustCommerce in 2001 first introduced tokenization into the digital economy. In order to protect the credit card information of their clients, the company replaced the sensitive information for a digital equivalent with no ties to the original. This was revolutionary in the early days of online commerce as businesses in those days just stored the data on their servers with little protection.

    The idea was to replace the account number with a randomized sequence of numbers called a token. The moment a commerce would issue a transaction the token would be forwarded to TrustCommerce which would process the payment without having to reveal the client’s data.

    This method stopped individual vendors from having to store the credit card data on unsecure local servers. Since the process didn’t work in the opposite direction, the token could not be used to reveal credit card numbers. The information was secured even if the payment was intercepted during the transaction, something that is very common within the crypto world, asymmetric encryption.

    Tokenization in a Distributed Ledger

    The idea of using a physical token and digital tokenization were from the beginning a perfect fit for the blockchain. The distributed ledger with its innate ability of recording, validating, tracking, and trading of digital assets came to supercharge the original concept.  

    With the problem of double-spending solved by blockchain technology, the doors are wide open for a new type of market to emerge. Previously any digital representation of a physical asset could be copied endlessly. The only way to stop this from happening was to have a trusted central authority overseeing the economic transactions. This severely limited the possible real-world items to be sold in a digital space.

    The immutability of a distributed ledger means that all participants in the market can be sure that the token they are buying is unique and represents the underlying object. This means auctions, private sales, fragmented ownership, and many other forms of economic transactions can now take place without a central authority.

    Anything of value in the physical world can be tokenized and move to the distributed ledger. This is not only great for the sellers, but also for the buyer. Most of us are restricted from buying these objects due to the country we are born in or our economic situation. But with tokenization, we can buy anything that is on the blockchain and not purchase the whole thing, we can acquire a piece to resell later for a profit. 

    Asset Tokenization

    asset-tokenization

    Cryptocurrencies such as Ether or Bitcoin are digital assets by themselves. Also, tokens issued in a network like DAI, USDT, or ZRX fall in this category. We are able to buy them and trade them as we see fit.

    Now, the tokenization of a real-world asset is a different story entirely. The process begins by taking the physical object and creating a digital equivalent on a distributed ledger. The token becomes the representation of the asset, much like casino chips are mirror images of the money deposited in the casino. The value is transferred to the blockchain where it can be accessed by the participants in the market. This means that holding the token confers ownership of the asset.

    The newly created token is now part of a large pool of buyers and sellers. This is unprecedented since previously markets for real estate, art, precious metals, jewels, and other valuable objects were limited by geographic location. Not so in the blockchain where the entire globe has the potential to participate. Furthermore, this opens the doors for an object to be broken down into smaller pieces and owned collectively. I could never afford an original Rembrandt, but now I can buy a tiny piece in the blockchain and sell it when it appreciates. The changes are far-reaching for several industries, such as the music market which is expanded in this article

    Projects bringing tokenization to the blockchain.

    Tokeny Solutions a star-up company from Luxembourg. The focus of the generation of tokenized securities as a replacement for traditional exchange markets. The market is investment bans, trade funds, mid-size companies, and trading shops. They offer through their platform the digitization of the securities these firms regularly trade to gain a larger liquidity pool.

    Templum, a United States company based in New York. Its main platform is focused on providing tokenization services for the financial sector of the city. They offer digitization of securities, bonds, shares, commodities and basically any physical or non-physical good that is commonly traded in markets around the world. 

    Masterworks, a platform that offers the possibility to invest in fine art. It permits its users to purchase fractional shares of paintings in the same way we could buy shares in a stock market. They claim that a piece of one of the works of art they have for sale can go for as low as twenty US dollars. They want to bring the world of art collecting to a wider public by giving every person in the world the capacity to become a partial owner of a great work of art.

    The tokenization of real-world assets is quickly revolutionizing markets around the world. The flood gates are now opening a new horizon of possibilities that are quickly approaching. Whether gold, securities or fine works of art, tokenizing is giving average people investment opportunities that used to be accessible to only the wealthy in the past. Right now, we have the chance to gain early entrance to a new type of industry. The world of blockchain is once again showing us that the change is only starting and the future is bright for those who are awake.

  • Top 3 Coins to Watch – Week 29

    Top 3 Coins to Watch – Week 29

    The selection of this week’s most interesting coins consists of three cryptocurrency projects that are expected to benefit from the upcoming upgrades, announcements, and other events, both in terms of attention and valuation.

    1. Zcash (ZEC)

    Zcash is another anonymity-focused cryptocurrency that obscures the transaction data in this week’s selection. To hide sender’s and receiver’s wallets and identities Zcash makes use of zero-knowledge proofs, which act by increasing the number of potential inputs and outputs for a transaction. On Zcash it is also possible to opt for an unshielded, i.e. public transaction.

    Zcash Network Upgrade Also on July 16

    Similarly, to Grin, also Zcash will upgrade its network this week. The fourth major Zcash network upgrade is scheduled to launch at block 903000, which is estimated to be mined on July 16, at 10:23 UTC+00:00. The network update has been dubbed ZcashHeartwood and will integrate to ZIPs. Flyclient (ZIP-221) will ensure that also light clients have access to efficient proofs of Proof-of-Work, while Shielded Coinbase (ZIP-213) sets new consensus rules that allow Coinbase funds to be mined to shielded Sapling addresses, which is impossible in the older versions of the network, as shielded transactions required significant memory and CPU resources. More info can be found on the official Heartwood page.

    2. Algorand (ALGO)

    Algorand is a blockchain platform that can be used for digitalization and tokenization of almost any kind of asset via the creation of so-called Algorand Standard Assets (ASAs). Additionally, the project features Atomic transfers – a solution for secure and immediate settlement for multiparty transactions – and supports the on-chain creation of smart contracts. Furthermore, Algorand has implemented a pure proof-of-stake (PPoS) consensus protocol, meaning that anyone holding ALGO can participate in the process and be rewarded for that.

    Algorand To Host a Large Token Launch on July 16

    A New York-based private investment platform Republic.co is set to conduct a sale of Republic Note Tokens, the company’s profit-sharing tokens. The sale of Republic Note tokens will be open to both accredited and non-accredited investors on July 16. The company, which seeks $8,000,000 of a fresh capital via the sale of their token, will issue 800,000,000 Republic Notes. At launch, however, only about 310 to 380 million notes will be up for grabs at a price of $0.12 per note and a minimum investment of $100. Holders of the Notes will be eligible for potential dividends and Republic also plans to make the Notes a tradable asset. Find out more here.

    3. Grin (GRIN)

    Grin is a cryptocurrency, which offers a far greater level of privacy to its users than other major blockchains. By utilizing MimbleWimble technology its blockchain can hide most of the transaction’s data, such as sending address, receiving address, and amount of coins sent. In addition to that, transaction data can be further anonymized by aggregating multiple transactions and by being relayed among private nodes in a process called “random walk”.

    Grin to Receive a Major Mainnet Upgrade

    This week Grin will undergo its third out of four planned hard forks. The third hard fork is scheduled to trigger at block height 786,240 and will bring Grin v4.0.0. to the mainnet. This network-wide upgrade is estimated to happen on July 16. Stored GRIN coins will not be affected; however, users will need to update their binaries to continue using the network. Additional information regarding GRIN’s July 16 hard-fork can be accessed here. Grin will conclude the series of four hard forks, which have been planned ever since the project’s launch, at block height 1,048,320, when the last scheduled blockchain split will take place.

  • Top 5 Cryptocurrencies To Consider For The Future In The Long Term [In Collaboration]

    Top 5 Cryptocurrencies To Consider For The Future In The Long Term [In Collaboration]

    In the era of this pandemic, survival is getting way difficult than it was a few months back. Investment opportunities have declined drastically. Investors are in deep trouble and are looking for something safer and secure. There has been a major makeshift in thinking towards knocking the doors of other investment platforms. 

    Cryptocurrencies have been a major part of the discussion where one can look to invest in. You surely would be lurking around again if you don’t take action before the next pandemic hits the global economy. Let’s look at the top 5 cryptocurrencies you can look to invest in:

    Bitcoin (BTC):

    This is one of the most famous cryptocurrencies in the world. Right now bitcoin has the most fan following in cryptocurrencies. The growth of bitcoin has never stopped. This is one of the main reasons why this cryptocurrency has attracted investors from all over the world.

    Now as the world is suffering through coronavirus it has been stated that bitcoin will be touching its peak at this time. This has also been stated by the most famous crypto trader Teeka Tiwari. In his Teeka Tiwari crypto recommendations, it is stated that bitcoin will be touching $100k by the end of this year. 

    Litecoin (LTC):

    This is also one of the famous cryptocurrency which you cannot neglect at this time. This comes at an affordable price along with high-speed transactions. This cryptocurrency has huge growth opportunities for its users. Each unit if Litecoin is bellowed $100 due to which a wide number of investors are attracted to it.

    With time this cryptocurrency is also growing. They have recently announced that they are going to partner themselves with the ATMs in South Korea through MeconCash. This news is bringing clients from all over the world.

    Ethereum (ETH):

    This cryptocurrency has a very positive impact on its client. Investors from all over the world have more trust in Ethereum than Bitcoin.  This is completely understood that this cryptocurrency growth is solely based on the number of decentralized applications. In terms of pricing and profit this cannot match bitcoin but still, this is a very good and safe investment to do at this time.

    Ripple (XRP):

    This cryptocurrency has never failed our expectations. You can say this as the most reliable cryptocurrency amongst others. This cryptocurrency has made huge advancements in the field of banking and finances. 

    Money Gram is one of the famous examples. This company has got a new boost up after introducing this cryptocurrency in their network. They have taken further steps just to strengthen their relationship with Ripple. As ripple has given huge bonuses to them.

    There are numerous companies that are using Ripples services. This is also predicted that in this year more companies will be added in its network. With the addition, the prices of this cryptocurrency will automatically go up giving profits to its clients.

    Zcash (ZEC):

    This is one of the most secure and private cryptocurrency available. This is mainly for the clients who want complete privacy for their investments. The rest of all the properties of Zcash is the same the only thing which separates this from the market is its security.

    They encourage head to head transactions which I believe is one of the most secure ways to make a transaction. It is predicted that with the growth of Bitcoin Zcash will also be following its footsteps and will be growing with it.