{"id":3555,"date":"2019-03-19T22:59:31","date_gmt":"2019-03-19T22:59:31","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=3555"},"modified":"2019-03-19T23:00:39","modified_gmt":"2019-03-19T23:00:39","slug":"stellar-xlm-ibm-prepare-for-2019-boom","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/stellar-xlm-ibm-prepare-for-2019-boom\/","title":{"rendered":"Stellar (XLM) \u2013 IBM: Prepare for 2019 Boom"},"content":{"rendered":"\n
<\/a><\/p>\n\n\n\n We are close to the end of 2018 and the crypto market is yet to fully move out from the bearish state. Even as many coins were battling hard to leave the sledge hammer of a bear run, Stellar\u2019s XLM was unto something big. Partnerships became the norm in 2018. Stellar (XLM) got a willing partner in IBM. As the year draws to an end, the coin\u2019s investors are already\u00a0hodling their XLM coin ahead of 2019<\/a>.<\/p>\n\n\n\n Stellar was launched in 2014 to disrupt international transactions. Locking horns with Ripple\u2019s XRP, the coin seems to have landed itself the mother of all partnerships. IBM is set to increase the coin\u2019s value by making positive inputs in the coming year. As 2019 draws nearer, the crypto community should watch out for some of these events that will shape the financial fortunes of Stellar (XLM).<\/p>\n\n\n\n <\/a><\/p>\n <\/a><\/p>\n\n\n\n The computing giant, IBM went into a partnership with Stellar (XLM) with the intention of facilitating cross-border remittances. The IBM Blockchain World Wire, the outcome of the merger, is to be used as a\u00a0financial rail network for settlement and facilitation of transactions<\/a>. With this amazing product coming from Stellar\u2019s (XLM) end, the prospect of Ripple\u2019s (XRP) xRapid and xCurrent controlling more shares in cross-border remittance is unlikely. The system also promises to be faster and will attract fewer costs.<\/p>\n\n\n\n Before now, Ripple\u2019s XRP was in control of major sections of the market. At a time, it was rumored that the coin was the next big thing after Bitcoin. However, Stellar\u2019s (XLM) partnership with IBM opens the door to DLT\u2019s relegation. Many national banks are using the xRapid and xCurrent products from Ripple (XRP) for international transactions.<\/p>\n\n\n\n With the coming of IBM into the picture with Stellar (XLM) as the underlying partner, distributed ledger technologies (DLTs) are on the brinks of relegation. The Blockchain World Wire works perfectly without extra dependence on DLTs<\/a>. This is a great leap into the picture. It will be amazing how banks will opt for this over DLT solutions like xRapid.<\/p>\n\n\n\n <\/a><\/p>\n\n\n\n Affordability and Speed:<\/strong> Stellar provides the ability to transact between different currencies as well as the capability to move money around the world quickly and securely at a low transaction cost.<\/p>\n\n\n\n Decentralized Financial System:<\/strong> As a decentralized payment platform, Stellar\u2019s digital ledger does not depend on a single entity. Rather, through a mechanism known as consensus, the independent servers participating on the Stellar network sync and validate transactions on the ledger.<\/p>\n\n\n\n Perfect for Micropayments:<\/strong> A key factor behind its growth is that as the blockchain industry continues to experience expansion, the demand for Stellar\u2019s micro-sized transactions is sure to substantially increase.<\/p>\n\n\n\n High- Profile Partnerships:<\/strong>\u00a0early in 2018, Stellar (XLM) announced that it had secured a major partnership with IBM to explore blockchain banking across multiple currencies. The Stellar network recently formed partnership with Blockchain.com, after which it had a $125 million airdrop becoming the network to perform\u00a0the highest airdrop<\/a>in the market to date. Other strategic partnership include Blockchain.com, Deloitte, KickEx, Tempo and Slice amongst others.<\/p>\n\n\n\n Non-Profit Organization: <\/strong>Stellar Lumens is a no- profit organization with focus to improve cross border payments and remittance among the unbanked.<\/p>\n\n\n\n Rather than use other projects like Bitcoin (BTC) or Ripple (XRP), IBM chose Stellar (XLM).<\/p>\n\n\n\n According to a comment from Jo Lang, IBM Offering Leader at IBM Blockchain Financial Solutions, IBM chose to partner with Stellar because of its non-profit status, its scalability and possession of a professional team. That Stellar provides token ownership transparency and has the ability to support any asset type.<\/p>\n\n\n\n IBM is a major supplier of banking hardware with over 30 banks on their list of associates.<\/p>\n\n\n\nThe IBM Blockchain World Wire Can Beat xRapid<\/strong><\/h2>\n\n\n\n
DLTs are on Brinks of Relegation<\/strong><\/h2>\n\n\n\n
Capabilities Distinguishing Stellar (XLM)<\/strong><\/h2>\n\n\n\n
Factors behind the IBM- Stellar (XLM) Partnership<\/strong><\/h2>\n\n\n\n