Since the beginning of 2017, cryptocurrencies have been what dreams are made for those with the purpose of investing in them. Although unusually risky and largely untested, the total value of all digital currencies increased by more than 3,300% last year to 613 billion.
USD, and just weeks ago it hit as high as 835 billion. In just a year, investors were treated to what corresponds to a lifetime of gains.
The rise of crypto curves has a lot to do with the emergence of blockchain technology. Blockchain is the digital, distributed and decentralized ledger that is responsible for logging all transactions without the need for a financial intermediary. It is designed to solve a number of perceived issues with the current banking system, including excessive transaction fees and long waiting times for settlement payments.
5 Cryptocurrencies That Have Brand-Name Partners
1. Bitcoin
Microsoft (NASDAQ: MSFT), DISH Network (NASDAQ: DISH), PayPal and Intuit as payment partner in that year. Microsoft allows users to purchase content in Windows and Xbox stores using Bitcoin.
2. Ethereum
JPMorgan Chase, Microsoft, Intel, Mastercard, Credit Suisse and BP (NYSE: BP) to name just a few. In particular, BP tests the capabilities of Ethereum's blockchain to accelerate trade in energy futures trading.
Ethereum was also the first major crypto currency to signal to the world that blockchain has applications beyond just currency.
3. Ripple
MoneyGram International (NASDAQ: MGI), designed to speed up the time it takes to move money across the globe.
In mid-November, Ripple announced that American Express (NYSE: AXP) and Banco Santander (NYSE: SAN) would use its blockchain in a true cross-border payment test.
4. Stellar
Although it was in the radar for much of 2017, Stellar exploded in a great way in October when it announced blockchain partnerships with both computer giant IBM (NYSE: IBM) and KlickEx, a Polynesian currency exchange service.
5. Qtum
This month, the Qtum Foundation announced that it had collaborated with two major Chinese companies. First, Qtum works with 360 Finance, a subsidiary of the now private Qihoo 360. If the name sounds familiar, it is because Qihoo 360 is the company behind 360 Search Engine in China, which has a market share of approx. 10% highest in China). The Qtum Foundation, together with the 360 Blockchain Research Center and the BTN Foundation, will work to develop next-generation smart contract solutions.
Thanks for information i don't know about most of these partnerships. Vechain also have brand name partner ..
Yea might be.
Thanks for sharing. And the stock market system that these crypto moneys emerge and people who use this system get a lot of money. most states are trying to use these systems, but there are many countries in the world that will not use them. I think small states will be a big problem in this system. next time will not always show us good things. it's just my opinion
Agree
Agree
Awesome post. Following you now!
Thanks buddy!
technological advances must have good benefits to speed up our work. the growing digital currency such as bitcoin and so on, can facilitate banking transactions such as digital payments. but it is unfortunate if there are regulations that do not allow this digital money as a valid means of payment
It's a lovely piece you have put up there. From the look of things, do you think the rate of Bitcoin will go above $15,000 once again? @tradewonk
Yes of course.
Thanks very much! That's a cheering news.
I had been on the fence about Stellar until I read just the other day about IBM. This is definitely the info to keep up on!
I think stellar will become very big.
Thanks for sharing. Although I have invested in all 5 of them, I did not know all their partners. It's hard to keep track on all the news. Thanks to articles like yours, I (we) can get a good summary on that! Keep up the good work!
My pleasure
wow helpful information on crytocurrency world i most invest in this 😊😊 thanks for update news.
Thank you!
Good information about cryptocurrency
It's good for trading cryptocurrency
Thank you!
Very usefull information about cryptocurrency and trading
Continue this great job
Thank you
Its really helpful news dear about crypto.
RESTEEM DEAR
Qtum is new cryptocurrency??
Upvote and resteem your post
@letssmile
This post has received gratitude of 2.34 % from @appreciator thanks to: @tradewonk.
IOTA partnered also with Bosch and VW (or at least both companies are now in the supervisory board there and made investments)
goop job .
Good research. Very helpful and informative article. Thank you for sharing this information.
Thanks for sharing.i am following u asap
Cool post. I kinda liked Ripple, but don't like that they aren't really decentralized. Kinda feel like they represent everything that crypto is against. But anywho, the ones I like are EOS, Carano and obviously STEEM.