One of the biggest cases of use of blockchain technology is in finance. Finance, be it banking, stock markets and other aspects of it are the backbone of the global economy. Everything revolves around it because without the money, then everything will stop. This explains why there is a huge interest in blockchain projects that are aimed at upsetting the financial sector. If you're looking to invest in projects that make it big in this industry, you have to seriously consider these three
The price of XRP (XRP) may be a "shadow" of all this -time highs, buts is definitely a project that is worth watching. This is because it seems ready to become the standard in cross-border payments. If you succeed in achieving this goal, you will have interrupted a multibillion-dollar industry, and this will be a big problem for the intrinsic value of XRP. The chances of this happening are already manifesting in the number of institutions that are adopting XRP at the moment. So far it is directed to a large adoption in Japan, India, China. These are big global economies that could set the pace for the rest of the world to follow the example.
XinFin (XDCE) is a hybrid blockchain that seems to enlarge it, as a financing option for governments and large corporations. Through the TradeFinex platform, governments can turn to XinFin for token financing. Given that most governments are moving under the weight of expensive loans from domestic and international sources, low-cost financing via blockchain proves to be a perfect alternative. In addition, the XinFin token (XDCE), which is the fuel behind the XinFin platform, is quite usable as a currency. It is extremely fast and offers some of the lowest transaction fees in the industry. This gives a good dose for adoption as an everyday transactional cryptography, just like the many public blockchains that fetch for the same utility. Already XinFin (XDCE) has begun to gain access to the US market, with a major equipment manufacturer now accepting it. As its utility value is appreciated by the market, the value of XinFin (XDCE) will increase considerably.
Stellar is another cryptographic gem that looks set to upset the global financial sector. Like XRP, Stellar (XLM) is likely to become a liquidity tool for the global financial sector. However, Stellar's greatest potential is in the decentralization of equity markets. At the moment, the stock exchanges are centralized entities that prevent many people from participating in the markets. Stellar, through its feverish and decentralized exchange, is the perfect platform for the tokenisation of security and the opening of stock markets to a global audience. In the future, anyone around the world could buy on Amazon or any other blue-chip company through security tokens. The indicators of this happening are already there, with DSTOQ becoming the first decentralized exchange to operate on the star network. Once this happens on a scale, Stellar (XLM) will be worth more than once today.