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Revolutionary Crypto Projects You Should Keep an Eye on

Revolutionary Crypto Projects You Should Keep an Eye on

More and more people are becoming aware of cryptocurrencies and the various benefits they offer. News website CNBC.com reports that approximately 1 in 10 people today are holding cryptocurrencies. Some of these people use cryptocurrency to facilitate seamless, direct, and secure transactions, while others invest in cryptocurrencies in the hopes of securing financial gains.

All in all, the cryptocurrency market is a particularly exciting one to watch due to the myriad of innovative projects that are launched every day. And if you happen to be looking for up-and-coming crypto projects that you might be able to invest in or make use of, we’ve listed some below.

Ripple

Ripple (XRP) is a crypto project that was created to expedite payments around the world, and particularly across borders. Unlike other decentralized currencies, Ripple employs a concensure mechanism that’s controlled by bank-owned servers to verify transactions. An article on personal finance website AskMoney details that Ripple cuts the costs of international transaction fees by charging a standard fee of 0.00001 XRP coin. These low-transactions costs further entice investors and global crypto users. In fact, charts indicate that XRP is now the eighth-largest cryptocurrency in the world, with a market cap of about $40 billion as of this writing. If you’re looking for a cryptocurrency that is both a good investment and useful in the real world, be sure to look into Ripple.

Aitcoin

Aitcoin is a unique cryptocurrency that’s designed to elevate the reliability and transparency of the crypto concept. Small businesses and some individuals are hesitant about investing in cryptocurrency due to the lack of transactional security, as well as the high volatility and unpredictability of the crypto market. Aitcoin aims to solve these issues by providing businesses that are willing to accept crypto with a comprehensive security system. As an added bonus, the number of Aitcoin tokens on the market is already fixed, which eliminates the need for mining –– and helps to mitigate volatility. These conditions make Aitcoin a fairly stable cryptocurrency that can help encourage global crypto adoption.

Diem

Another crypto project that you should watch out for is Diem. Supported by Facebook, Diem is a stablecoin that aims to enable global access to various financial services. Diem is considered to be a stablecoin because it is backed by reserves, which includes short-term government securities and cash. Because its price is linked to a pool of assets, there’s less chances for Diem to become volatile. Diem is also fully scalable, because it builds on open technology that anyone can access and improve. This is truly a revolutionary crypto project, and carries potential to make crypto more accessible while also fostering collaborative efforts to boost and further the technology.

Powerledger

A lot of people are put off by cryptocurrencies and other blockchain-related projects due to their respective environmental impacts. Bitcoin mining, for example, is known for consuming a huge amount of energy. Because of this, some crypto innovators have released several greener and more sustainable digital assets. These include Powerledger, which is the world’s first renewable energy blockchain platform. An article at Medium highlights the fact that Powerledger is committed to the 24/7 Carbon-free Energy Compact that was initiated by Google. The company’s dedication to sustainability and creating a more eco-friendly blockchain market makes it a crypto project worth investing in.

As you can imagine, there are plenty more crypto projects yet that are worthy of consideration. The four listed above, however, represent some of the most intriguing opportunities on the market today.

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