In the last year, blockchain technology has been drawing increased attention due to its significant benefits in several areas. Blockchain is expected to be used for various purposes other than cryptocurrency as a payment system and just a tradable digital coin.
There are already companies that have started developing projects based on this type of technology. For example, IBM and Samsung announced the launch of their system for tracking device shipments along the supply chain earlier this year.
The future will likely bring new solutions for using crypto to make it more straightforward to use.
Next cryptocurrency to watch 2021
Internet Computer (ICP)
ICP is a new coin launched in May 2021. It saw immediate success, with its market cap reaching $35 billion within three days of launch. The project aims to replace the existing Internet infrastructure and create an improved version that can provide better connectivity for everyone at low costs.
SafeMoon (SAFEMOON)
SafeMoon Protocol is a decentralized finance (Defi) token,
It has been debuted in March and has recently gained increased buzz due to its claim of avoiding the price fluctuations endemic to Bitcoin, Ethereum, and more.
Cardano (ADA)
Cardano network is efficient, fast, and secure, which makes it a viable option for investors.
One of the most important is that it takes less energy to complete a transaction than Bitcoin, meaning transactions are faster and cheaper. Another reason investors love this blockchain technology is that there’s more security built into the system and room for improvement to stay ahead of hackers by adapting on an ongoing basis.
Stellar (XLM)
Stellar is a decentralized network created to bring the world’s financial systems together under one platform.
Every day, Stellar handles transactions worth several million dollars from traders across 200 countries who use this unique network for currency exchange purposes as well as sending money overseas more quickly than ever before possible thanks to its low transaction costs
Polygon (MATIC)
Polygon is a multi-chain framework THAT allows developers to launch their custom blockchains in a single click. Polygon is called “Ethereum’s internet of blockchains.” The platform aims to solve high fees, poor user experience, and low transaction throughput.
Bottom Line
While cryptocurrencies push the boundaries of conventional financial products, they are still a new technology. As with any investment, they understand the risks, and following a well-diversified strategy can help you make better decisions. There are still many investment opportunities in the crypto market, and new advanced technologies are created every day.
Keep reading our guides and tutorials to understand better new technologies and innovative technologies that might change the world!
