A massive boom in cryptocurrency has taken place in the last half-decade. The increase has many reasons attached to it. The increasing trust in blockchain technology is a big reason for such changes. Blockchain technology has its origin in the late 1980s. From the very first creation of a chain to store important information, blockchain technology now stands revolutionized. Many sectors such as healthcare and supply chain have adopted the technology for more effortless execution of business. With the increasing use, blockchain platforms have become a necessity. In this article we will tell you the prominent benefits of cryptocurrency trading.
So, what are blockchain platforms?
These are merely applications to handle transactions in a blockchain. Various sectors use blockchain technology to maintain transparency and improve their legitimacy. The massive demand for faster and easier transactions is an important issue. This is why professionals and enthusiasts create new platforms every day. If you are new to the concept of blockchain and want to start, you can take your first step with one from the following list. These trending blockchain platforms have different features which make them suitable for going viral.
- Steller – A part of Stellar Development Foundation, Steller is a payment platform used for digital currency transactions. One of the defining characteristics of this blockchain platform is the fact that it allows international transactions. Currency and bitcoin can be sent or received through this platform. Steller is easy to use, and commerce through the platform is very fast, almost within 3 minutes. With Steller, you can also create smart contracts.
- Multichain: This platform is one of the easiest and user-friendly. It can be used to handle blockchain and even create new ones.It is a secure program for many activities, a few of which can be timestamping, sharing data, streaming data, and archive. On top of that, one can also customize the chain with the help of a simple text file. The features and tools present in Multichain help in making the whole experience smooth and hassle-free. This feature makes it suitable for corporations as well as enterprises
- Ethereum – In recent times, Ethereum has become a go-to for most people associated with blockchain, cryptocurrency, and digital transactions. Ethereum can perform several activities. Some of them include developing games, creating new financial apps, and making new cryptocurrency wallets. Ethereum can be used by many, and it is because it supports programming languages such as Python and C++. This platform can significantly benefit professional crypto traders, researchers, developers, and regular college enthusiasts who are just starting.
- EOS – This platform, launched in 2018, is comparatively younger than the others that dominate the market. The EOS blockchain started by giving out free tokens for sustaining the blockchain. However, currently, thousands around the world use it to manage their transactions in cryptocurrency. It is a secure and fast way. The best part about EOS is that anybody and everybody can create entirely customizable environments. It is easily upgradable and has very few bug-related issues as well. EOS is also a suitable medium for people starting their careers in blockchain because it is entirely free.
- IBM – One of the most trusted and legitimate platforms, IBM is a classic in the list. It has been a famous application among bitcoin enthusiasts for a long time. It allows people to create their blockchain network. They can also use it to manage and grow it. The IBM blockchain network is safe and secure, and the first 30 days are free. The blockchain platform allows people to experience user-friendliness and make informed decisions as well.
Conclusion
Blockchain platforms address the issue of the technological gap in terms of usage of cryptocurrency and related technicalities. Blockchain platforms offer various services which benefit the ordinary person in the world of crypto. Using these platforms also helps in having a transparent archive of transactions. As the popularity of blockchain is increasing in many industries, comprehensive knowledge of blockchain platforms is essential.