One of the biggest use cases of blockchain technology is in finance. Finance, be it banking, the stock markets, and other aspects of it are the backbone of the global economy. Everything revolves around that since without the money, then everything would grind to a stop. This explains why there is a huge interest in blockchain projects that are aimed at disrupting the finance industry. If you are looking to invest in projects that stand to make it big in this industry, then you need to seriously consider these three.
The price of XRP (XRP) may be a pale shadow of its all-time highs, buts it’s definitely a project worth watching. That’s because it looks poised to become the standard in cross-border payment. If it achieves this, then it will have disrupted a multi-trillion dollar industry, and that will be a big deal for the intrinsic value of XRP. Chances of this happening are already manifesting in the number of institutions that are adopting XRP at the moment. So far it is headed for major adoption in Japan, India China. These are large global economies that could set the pace for the rest of the world to follow suit.
XinFin (XDCE) is a hybrid blockchain that looks to make it big, as a financing option for governments and large corporations. Through the TradeFinex platform, governments can turn to XinFin for financing through token securitization. Given that most governments are reeling under the heavy weight of expensive loans both from domestic and international sources, low cost financing through blockchain comes off as a perfect alternative. Besides, the XinFin (XDCE) token, 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 at a good shot for adoption as an everyday transactional crypto, just like the many public blockchains angling for the same utility. Already XinFin (XDCE) has started gaining adoption in the U.S market, with a major equipment manufacturer now accepting it. As its utility value gets appreciated by the market, the value of XinFin (XDCE) will shoot up substantially.
Stellar is another crypto gem that looks set to disrupt the global finance industry. Like XRP, Stellar (XLM) stands a good chance to become a liquidity tool for the global finance industry. However, Stellar’s biggest potential is in decentralizing the stock markets. At the moment, stock exchanges are centralized entities that lock out lots of people from participating in the markets. Stellar, through its feeless decentralized exchange, is the perfect platform for security tokenization, and opening the stock markets to a global audience. In the future, anyone around the world could buy into Amazon or any other blue-chip company through security tokens. Indicators of this happening are already there, with DSTOQ becoming the first decentralized stock exchange to run on the stellar network. Once this happens at scale, Stellar (XLM) will be worth multiple times its value today.