Stellar is one of those cryptocurrencies that are popular to use both within blockchain-focused communities and traditional businesses. Stellar provides advanced speed of transactions, is customizable and highly accessible.
However, 2018 wasn’t an easy year for the coin. That year was the toughest in the XLM price history. But there is also a bright side to this, as the coin currently has an opportunity to significantly increase its price in the following year.What is Stellar?
Stellar is one of the altcoins that weren’t designed based on the Bitcoin’s source code. The Stellar platform is a provider of foreign exchange transactions that operates in real time via its internal coin – Stellar Lumens (XLM). It was founded by Jed McCaleb and Joyce Kim while they were still working on the Ripple system in the early 2014.
The coin was later re established as an independent project powered with by Stellar Lumens. Stellar is now developed by the Stellar Development Foundation, an organization founded to support the maintenance and funding of the crypto.
However, Stellar is more than just a cryptocoin. The Stellar project established a number of different services on top of the platform. The project currently offers token issuance, decentralized exchange and a desktop client.
The coin also provides the Horizon API, a solution that offers the usage of the Stellar technologies to build new applications. The wide technological functions of the coin improved both Stellar price predictions and its implementation opportunities.
Some of the Stellar use cases are:Micropayments within business and between private entities Remittances sending Mobile reach for financial services Improvement of transactions’ security Automatic currency exchange
Stellar is already implemented in the business processes of such companies as Deloitte, Parkway Projects and some others. The enterprise-friendliness of the coin is often s...