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We are close to the end of 2018 and the cryptography market has not yet completely come out of the bearish state. Although many coins were struggling hard to leave the rush of a bear race, Stellar's XLM was something big. Partnerships became the norm in 2018. Stellar (XLM) obtained a partner available in IBM. As the year draws to a close, coin investors are already manipulating their XLM currency before 2019.
Stellar was launched in 2014 to stop international transactions. By closing the horns with Ripple's XRP, the coin seems to have become the mother of all collaborations. IBM is set to increase the value of money by making positive inputs in the next year. With the approach of 2019, the crypto community should pay attention to some of these events that will shape the financial fortunes of Stellar (XLM).
The IBM Blockchain World Wire can beat xRapid
The computing giant, IBM has entered into a partnership with Stellar (XLM) with the intent to facilitate cross-border remittances. The IBM Blockchain World Wire, the result of the merger, must be used as a financial railway network for settlement and facilitation of transactions. With this extraordinary product coming from the end of Stellar (XLM), the prospect of Ripple (XRP) xRapid and xCurrent that control more shares in the cross-border remittance is unlikely. The system also promises to be faster and will attract less costs.
DLT are on Brinks of Relegation
Before now, Ripple's XRP had control of the main sections of the market. In a moment, it was said that money was the next big thing after Bitcoin. However, the Stellar (XLM) partnership with IBM opens the door to the relegation of DLT. Many national banks use Ripple xRapid and xCurrent products (XRP) for international transactions.
With the advent of IBM in the framework with Stellar (XLM) as an underlying partner, generalized accounting (DLT) technologies are on the verge of relegation. Blockchain World Wire works perfectly without further dependence on DLT. This is a big jump in the picture. It will be surprising how banks opt for this on DLT solutions like xRapid.
Functionality that distinguishes Stellar (XLM)
Accessibility and speed: Stellar offers the possibility to make transactions between different currencies and the ability to transfer money all over the world quickly and safely at low transaction costs.
Decentralized financial system: As a decentralized payment platform, Stellar's digital ledger does not depend on a single entity. Rather, through a mechanism known as consensus, independent servers participating in the star network synchronize and validate transactions on the ledger.
Perfect for micropayments: A key factor behind its growth is that while the blockchain industry continues to experience expansion, Stellar's demand for micro-size transactions will certainly increase.
High-profile partnerships: at the start of 2018, Stellar (XLM) announced that it has established an important partnership with IBM to explore the blockchain banking sector across multiple currencies. The Stellar network recently partnered with Blockchain.com, after which it had a $ 125 million airdrop becoming the network to perform the highest level of market launch to date. Other strategic partnerships include Blockchain.com, Deloitte, KickEx, Tempo and Slice among others.
Non-profit organization: Stellar Lumens is a non-profit organization with the goal of improving cross-border payments and remittances among unbanked.
Factors behind the IBM-Stellar partnership (XLM)
Rather than using other projects like Bitcoin (BTC) or Ripple (XRP), IBM chose Stellar (XLM).
According to a comment by Jo Lang, IBM Offering Leader of IBM Blockchain Financial Solutions, IBM has chosen to partner with Stellar for its non-profit status, its scalability and the possession of a team of professionals. That Stellar provides transparency of token ownership and has the ability to support any type of resource.
IBM is a major banking hardware provider with over 30 banks on its member list.
The partnership bears fruit.
This partnership places Stellar in a good position not only in the banking sector, but also in the broader financial services sector. For example, Visa, an important global financial services company, is working with IBM and this is a decisive advantage for Stellar (XLM).
Also work in collaboration with IBM on a program that makes cross-border payments possible at reduced and immediate costs for traders in the South Pacific region. IBM uses Stellar Lumens (XLM) in these projects
The stablecoin supported by USD by IBM, Stronghold USD (still in private beta) is already in blockchain. Through it companies can make payments and exchange of foreign currency in a simple, safe and frictionless way. Banks can also transfer value in green water time using Lumens (XLM) on the IBM Blockchain worldwide cable. This would help companies avoid keeping expensive foreign currencies in our and our accounts
IBM's Veridium Labs partner is also trying to create an XLM-based token called Green. The token is designed to offer high-pollution companies the opportunity to offset environmental damage by supporting the Indonesian rainforest.
Stellar is also pursuing the wave of IBM's partnership with the Australian government for the development of artificial intelligence, quantum computing and blockchain in the country.
Stellar (XLM) – IBM guarantees fast payments
The invention of cryptocurrencies has changed the global financial system. Similar to Ripple (XRP) and Stellar (XLM) have removed SWIFT from the cross-border transaction map. With the floor left open for the two coins, Stellar (XLM) is regaining the upper hand with its partnership with IBM.
The Blockchain payment system based on Stellar (Blockchain World Wire) is perhaps the drop that will act as a counterpoint between Ripple's XRP and Stellar's Lumen (XLM).
The case of stellar use (XLM) in the tokenisation of resources is a plus
What provides Stellar with an even greater intrinsic value in the market is the fact that Stellar also has a use case in the tokenisation of resources.
The STOs, since they virtually eliminate the shortcomings resulting from the ICOs, are the future of financing, as the STOs involve the financing of existing companies that comply with safety regulations. Thanks to its platform DEX Stellar has the ability to drive the STO revolution as it is both scalable and without style. As the STOs gain momentum, it could become the norm for companies to tokenize assets, even actions, by unlocking an unending potential in global blue chip companies.
The significant partnership of these two organizations (IBM and Stellar) will certainly create many more progressive and beneficial dividends for the two networks, even during their journey to the next year. Stellar is a digital asset that has been able to gain credibility for itself in cryptographic space and IBM itself is a force to be reckoned with all over the world. It will be a surprise then that this partnership will surely become bigger and better in the boom of 2019?
