HANOI,
VIETNAM – Media
OutReach – 29 October
2019 – In recent years, the cryptocurrency industry has
been growing at a significant pace, offering some
quality projects with real use cases. Moreover, with tokenized sales, these
projects have also the tendency to be used as a direct investment opportunity
for people who is seeking potential projects. In the list below, we will show
several potential projects in the market that have the tendency to create
lucrative returns on investments.
BITCOIN
Bitcoin was born in 2008, until May
2010. Bitcoin is known as the first cryptocurrency, the father of all cryptos
with high dominance (68% in October 2019) and is recognized as a digital gold
in cryptocurrency.
Bitcoin Dominance
Bitcoin is the most popular “currency”
in the world and to be used as the main pair on all the exchanges in the world.
In fact, people like that Bitcoin is not controlled by the government or banks.
Inhabitants can also spend their Bitcoins fairly anonymously. Although all
transactions are recorded, nobody would know which “account number” was yours
unless you told them.
However, Bitcoin price is not stable,
on Oct 26th, after 2 hours, Bitcoin price goes up to 30% and then does down 10%
after a few hours.
LINA
LINA network is a subsidiary of Smart
Link Swiss, a multinational corporation, headquarters of which are based in
Zurich, Switzerland. It specializes in Artificial Intelligence (AI), Big Data,
and blockchain. The LINA network consists of protocols such as Identity, Supply
chain, Healthcare, and Review, details of which are available on the website.
Unlike traditional crypto offering, where the main focus is raising funds and
development part is left for post-funding, the Lina network offers two
outstanding products i.e. Lina.review and Lina supply chain.
LINA Ecosystem
The
solutions provided by LINA Network are:
1.
LINA REVIEW: The current review system is broken and it is difficult to trust the
authenticity of an online review. LINA Review changes this by ensuring that
only genuine users can make reviews. Once reviews are made, they cannot be
removed by third parties.
2.
LINA SUPPLYCHAIN: entails supply chain management on the
blockchain platform. The traceability of products at any stage of the supply
chain is one of most important aspects of efficient supply chain operation.
LINA supply chain platform enables transparent and secure way of tracking
information throughout the process from the production process, warehouse,
transportation, packaging, and sale. LINA was launched App Supply Chain in
Propak event in Thailand in June.
3.
LINA IDENTITY: a blockchain-based digital identity that
ensures a secure and decentralized identity management system. This is already
being tested in countries such as Estonia and China. LINA blockchain solves
issues of the challenge of correctly verifying; lacking of a proper way of data
sharing; costs, data security. Smart contracts also ensure standardization,
enabling mechanism for data input and sharing in a transparent way eliminating
entry of wrong data. A user just needs to download the LINA app on play store
and enter the necessary information.
Why LINA?
LINA is already a working product with
LINA review and supply chain already available for download in the play store.
With a working product already in the market, user uptake is faster since the
onboarding process is less strenuous. As for LINA review and supply chain, a
working product means it has already been tested and already working. There is
less friction when users join the platform. This user uptake model has high
network effects and brings about viral adoption. In addition, it is an active
project that is listed on coinmarketcap with current market cap of $19M and
growing.
LINA price chart
The
LINA project consists of industry experts, which adds to the credibility, and
that is the reason why more than 40 corporations and governments have trusted
and signed partnerships with LINA in app-tech and also fin-tech.
In
2019, Laos Government also signed a contract to deploy digital identity using
LINA blockchain as well establishment of a research institute under the
Ministry of Science and Technology.
Moreover,
LINA has become the Platinum partner with GS1 Thailand. GS1 is a not-for-profit organization that develops and
maintains global standards for business communication in the world. The best
known of these standards is the barcode, a symbol printed on products that
can be scanned electronically. GS1 has
114 local member organisations and 1.5 million user companies.
In July 2019, LINA has also managed to acquire Gold
partnership with Microsoft, this bilateral co-operation with one of the world’s
leading software tech-organization adds to the credibility of the LINA project
and shows its potential of assisting otherwise industry corporation in their
quest for blockchaim implementation within their business operations.
The
LINA Network offers multiple innovative features and has established its
credibility in a short time in the market. Considering its experienced team,
strategic partnerships, innovative features, this project has the potential to
grow, which makes it one of the most potential opportunities in a bear crypto
market of today.
TERRA
Terra money is
one of the cryptocurrencies to watch in 2020 because it solves two main
problems that have limited widespread of cryptocurrencies: price volatility and
lack of usage as a medium of exchange.
Terra Project
Terra
has started by recruiting merchants that accept Terra money making it easier
for users to adopt the currency for payments. Already there are 15 e-commerce
services that have signed up such as WooWa Brothers, Pomelo, Tiki and Qoo10
boasting over 40 million customers and 425 billion in annual transaction
volume.
Terraform
labs, the company behind Terra Money, are a highly reputable company in Korea
with a strong interest in Southeast Asia market. The founding team is headed by
Daniel Shin who is founder of TicketMonster, a $3.5 billion e-commerce company
in Korea. The project is also backed by leading crypto companies such as
Binance Labs, OKEx, Huobi Capital, Kakaoventures and Dunamu among others.
BNB
Binance
has its own coin, Binance Coin, BNB which is currently the 7th most
valuable coin with a market capitalization of $2.6 billion. Since its launch in
2017, BNB has had a return on investment of >9000% making it one of the best
performing coins in the market. Its daily trade volume exceeds $200M because it
is used not only for trading but as a key medium of transacting on various
Binance related products.
BNB price chart
BNB
is being adopted as a means of payment by many online platforms. BNB is used in
various ways including as a means of payment. Some online merchants such as
TravelbyBit in Australia, crypto.com, lifestreaming platform Gifto, Pundi X
among others accept BNB.
BNB
powers the whole Binance ecosystem and adoption grow in 2020, BNB is expected
to continue to increase in value. Furthermore, expansion in USA is expected to
take shape in 2020. The USA is a major crypto market and this will increase BNB
usage significantly.
IOTEX
It
is estimated that by 2020, half of the new businesses will run
on IoT. IoTeX enables anyone to create their own IoT ecosystems in such a
manner that allows more innovation and growth in an open system rather than a
closed network. It is the foundational layer just like the internet’s TCP/IP
protocol that enables others to build applications on top of it. This means
that IoTeX will be able to capture some of the value while propelling
unprecedented innovation in new ways.
IOTEX price chart
As
the IoT industry continues to grow in 2020 IoTeX is strategically positioned to
drive that growth. IoTeX coin will gain significant growth. IoTeX is making
this vision a reality and has already partnered with various industry players.
IoTeX coin is also available on reputable exchanges such as Binance, Bittrex,
and KuCoin among others. It also received strategic investments from investors
such as HashKey Group, a leading tech conglomerate in Hong Kong among others.
