The following have excellent long term potential in the exponentially growing areas of blockchain technology.
Aave (LEND): Decentralized finance (DeFi) is an area of finance that is undergoing exponential growth via blockchain technologies. Aave is a loan based financial system which aims to provide decentralized transactions between a lender and borrower. Given that it eliminates the middle men, loan costs are greatly reduced.
Status (SNT): It combines a Web3 browser with cryptowallet, financial transactions, and chat. It's a non-blockchain decentralized platform which offers efficiencies where global consensus is not required. It uses sharding to address scalability issues. It went live on the mainnet Feb 2020.
Unibright (UBT): Offers a unified framework that aims to bring blockchain technology and smart contracts to mainstream usage. Unibright develops enterprise blockchain solutions, builds integration platforms, and offers an ecosystem around tokenized assets. With its “no-coding-needed” approach, smart contracts can be generated, deployed, and updated automatically into different blockchains. Unibright works with visual, use case-related templates, and also automatically integrates existing IT systems into the blockchain. The team consists of blockchain specialists, architects, developers and consultants with 20+ years of experience in business processes and integration. Unibright is a German company contributing to the Enterprise Ethereum Alliance and leading the task force on Ethereum Mainnet Integration. The company has partnered with Microsoft and SAP, and is working with the likes of Lufthansa.
Crypto Report - LEND, SNT, UBT
|Published:||9 May 2020 10:11 ET|
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