Ripple (XRP) & Stellar (XLM) Changing The Finance World – Amazon Security Tokens
The blockchain technology’s primary use case is without a doubt in the financial sector. Finance includes sectors such as banking, stock markets and more areas which all build together the foundation of the global economy.
Everything on our planet revolves around the economy since without money it’s not too far-fetched to say that the world would stop spinning, as cynical as this may sound.
This is one of the main reasons for which the interest in blockchain-based projects keeps growing penetrating even Wall Street and these projects basically have one and the same main goal: disrupting the finance industry.
If you’re looking to invest in projects that have the potential to do this, then your best bet should be placed on Stellar (XLM) and Ripple (XRP).
Ripple had its ups and downs, but in the end, it’s definitely a project worth considering for investment.
It’s set to become the standard in cross-border payments, and if it can achieve this, it will also disrupt a multi-trillion dollar industry.
This means a massive achievement and the value of XRP would be boosted straight to the moon if the company can do this. The best thing is that chances of this happening are already getting closer and closer as more institutions are adopting Ripple’s products and digital asset XRP.
Stellar is another precious asset that is quite set to disrupt the global finance industry.
Just like XRP, Stellar (XLM) has quite a chance to become a liquidity tool for the global finance sector. Its most significant potential lies in the decentralizing the stock markets.
For now, stock exchanges are centralized entities that lock out lots of people from taking part in the markets.
Via its feeless decentralized exchange, Stellar is the perfect platform for security tokens and opening the stock markets to the public.
In other words, in the near future, anyone around the world would be able to buy into Amazon and any other blue-chip company via security tokens.
Hints that this is happening are already present with DSTOQ becoming the first decentralized stock exchange to run on the Stellar network.
After this occurs at a higher scale, Stellar (XLM) will be worth multiple times its value today.
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Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.