After Joining Bloomx, Can Defeat The Stellar Ripple

Stellar Beat Ripple – on 17 may, the Stellar (XLM) along with the majority of the coins and tokens in circulation in the market is not yet listed on the green market. After a few days the "cuts" in the market, the currency of our favorites can rest, at least for this day as far as the market is bullish trend in trends. However, Stellar has more exciting news to share with the public in opposition to news that XLM trade green again while collecting the increase, potentially making the rocket XLM become months in subsequent months. What's more, it seems that the media is talking about Stellar who claimed capable of encouraging the Ripple of the spotlight because of the latest projects that are used by IBM to Stellar. Let's see what this project, as well as what IBM has been installed for XLM.

IBM and Stellar Partnership

Stellar (XLM) has acquired a previous partnership with IBM in the past; However, it seems that IBM does not include Stellar original currencies and XLM in none of its projects so far.

However, the situation mentioned earlier is now changing because of the Stellar has been directly involved in one of IBM'S latest project. Earlier today, there is an official announcement issued in Medium, stated that IBM is working with the laboratory of Veridium, will use the Stellar (XLM) for their latest project.

Given the fact that IBM is a true technology giant in the world of industrial technology, Stellar may get much-needed attention in the following days, which will certainly contribute to the eksposurnya.

The project was announced as a way to use carbon credits have long spoken of to be used and in this case, the scenario, which comes as a possible best to XLM, Stellar will be used as a platform where carbon credits mentioned will be distributed.

Although there is no more information about the IBM projects to come associated with Stellar, there is a strong belief that this project represents only a single row of businesses varying effort in which IBM planned to use Stellar for.

The first time we heard IBM connects with Stellar efforts of this company, was in October last year (2017) when IBM announced that it is negotiating with several banking institutions to make Stellar work with payment cross-border.

That being said, it is a case of a realistic, if not factual, that IBM will definitely use Stellar for more than one project. By bringing Veridium on the table as part of the efforts mentioned, releasing carbon credits in the form of tokens that will be distributed to a network of Stellar will be the first time that IBM has designed a token that will be launched to the public. the network.

However, although the carbon credits will be released on the chain of the public, there will still be some restrictions, which make it not common.

Now, Stellar may be ready to push out the Ripple (-XRP) as demonstrated by one of the representatives of IBM, and the reason for having both of these currencies is the simple fact that Stellar and Ripple share the goal to connect people and the banking system. Now with the technology giant IBM behind them, the Stellar may also be ready to work pushing Ripple out of the spotlight.

BloomX Choose The Stellar

In addition to IBM, announced that the Stellar (XLM) will officially be used as platform hosting for carbon credits, Stellar has had other industry breakthroughs. Apparently, two days ago, BloomX has announced that they have decided to go to the Stellar as their choice to process their payments.

They also add to their statement that Stellar network makes for the perfect partner for their needs, so they decided to use the Stellar for their transactions.

Stellar and the market

Follow the latest changes in the market, we can see most of the crypto assets entered green again along with Stellar. Because the XLM also followed the trend, we could see it rise against the dollar amounted to 1.11%, though slightly strengthened indicates that the market is slowly pulled out of the red zone.

In addition to trade against the dollar, rising against the BTC also Stellar, trading in green but under 1% at the moment. After the latest price changes, Stellar (XLM) can now be purchased at a price of $0.33 per one unit. With a clear progress in the further development and with trading near all time high around $0.70 per one unit, there is a possibility that Stellar may take over the spotlight in the next period.