It's a powerful concept and a great example of how blockchain technology and cryptocurrency can solve day-to-day problems. Helium (HNT)īlockchain meets wifi in what the company calls the "People's Network." Helium can provide 5G connectivity around the world without the same costs associated with traditional telecoms infrastructure. It isn't clear how the partnership with Enya will unfold, but the deal combines Enya's privacy and security with OMG's payment solutions, making it a project to keep an eye on. OMG aims to create a wallet that people could use to easily move any asset between different payment platforms - from traditional money to cryptocurrencies or even reward points. For OMG, formerly OmiseGO, this means its payment processing speed could rival Visa's. Layer 2 solutions refer to various protocols that sit on top of the existing blockchain and improve its scalability. Learn more and get started today with a special new member discount.
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Sign up today for Stock Advisor and get access to our exclusive report where you can get the full scoop on this company and its upside as a long-term investment. In fact, you've probably used this company's technology in the past few days, even if you've never had an account or even heard of the company before. We’ve found one company that’s positioned itself perfectly as a long-term picks-and-shovels solution for the broader crypto market - Bitcoin, Dogecoin, and all the others. Boba promises to process thousands of transactions a second and at a fraction of the cost of the Ethereum network. OMG's strategic partner and core contributor, Enya, has just launched Boba Network, which it describes as a "next-generation" layer 2 solution.
It works directly with banks and aims to create products that appeal to both existing banking customers and those who don't currently have access to banking services. In addition to having a great name, OMG is making strides in the digital payment space. The big challenge will be attracting developers once the smart contracts are up and running. And it is already delivering several projects in Africa.
Its research-driven approach may be slow, but should result in a robust and sustainable platform. But in the long term, it is still one of the most solid and exciting undertakings in the crypto world.
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(Smart contracts are tiny pieces of self-executing code that live on the blockchain.) And on September 25–26, Cardano will host a series of virtual and live events in the Cardano Summit.Ĭardano has its share of critics, and it might be that early speculation on the September launch means we won't see more big short-term gains. On September 12, Cardano will finally launch its smart contract functionality. Cardano (ADA)Ĭardano's price already increased over 100% in August, but September will still be a big month for the coin that wants to use blockchain to solve real-world problems. So which coins should be on your watchlist this month? Let's take a look.
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Ethereum's (ETH) London upgrade and speculation on Cardano's (ADA) smart contracts saw both coins post healthy gains. The total market cap for the whole cryptocurrency market went back above the $2 trillion mark for the first time since May. Here are four cryptocurrencies worth putting on your watchlist this month.Īfter a rough few months, August had crypto investors talking about a bull run again.
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