Use-Case: Defined
A use case is defined as any possible way a technology or tool could be used.
Originally a software term, use case has evolved to mean any possible way something could be used, especially in some way that provides value to its us
Project Overview:
- The Stellar payments system exists to move money as quickly and efficiently as possible.
- Boasting tiny fees, 3-5 second confirmation times, and a throughput of thousands of transactions per second.
- Stellar has been established as one of the leading payment cryptocurrencies on the market.
- Cryptocurrencies like Stellar are the biggest current Use-Case is working as a connection service between fiat and cryptocurrencies.
- To allowing both financial institutions and individuals to make fast and reliable payments is a breakthrough.
- Stellar has made a concentrated effort to serve migrant workers who go abroad to make a living and send money back to their families in developing countries.
- Depending on your own personal circumstances, you might not immediately recognize how big of a Use-Case this is.
- International transactions involving migrant workers accounts for a multi-billion dollar industry.
- This billion dollar industry is one that has thus far been exploited by services such as Western Union.
- Stellar-Coin is adamantly leading the way, because migrant workers are quickly the earlier adopters of blockchain technology.
- Migrant workers are just one of many Use-Case.
- The scope of Stellar covers remittance payments, international settlements, cross-border transactions, and much more.
- The total addressable market is worth tens of trillions of dollars more the federal reserve private banking all-family owned businesses.
- Stellar-Coins still have a whole lot of room for growth.
The Enigma Project For Privacy Advocates:
Here’s an exciting project for all the privacy advocates out there!
- Enigma isn’t a standalone cryptocurrency or a smart contract platform.
- Enigma-Coins are a privacy protocol that can augment other blockchains with privacy features.
- People across the developing world are slowly waking up to the fact that privacy isn’t just important for people who “have something to hide.”
- The amount of data being collected on each and every one of us online is downright George Orwell 1984 and the Matrix movies combined.
- The only way not care about privacy anymore is to be ignorant of how bad the issue has become.
- Just ask Alexa what time it’s going to rain today?
- Alexa will answer: "See ads for designer umbrellas and rain jackets the next time you open Instagram, tell your friends and loved ones."
- Or, if you want to take a look at where this is all headed, read about China’s social credit system.
- The worst case scenario is like(?), the Nosedive episode of Black Mirror will probably do the trick.
- Privacy matters whether you “have something to hide” or not.
- The emergence of blockchain infrastructure have the chance to solve the problem of consumer privacy once and for all.
About Your Privacy!
- Privacy cryptocurrency features are not exactly easy to include in just any old blockchain.
- Privacy requires some complex cryptography developed by highly capable programmers.
- This sheds light back to Enigma the private-banking industry.
- The protocol transforms “smart contracts” into “secret contracts,” such that nodes can process data without being able to see the data’s actual contents.
- Your internet service provider and all the apps on your phone worked same privacy as with Enigma, no-one can see your data?
- This is the future that blockchain creates, and Enigma is here to usher the future in.
Why You Should Watch Enigma?
- 2018 of September is set to be a milestone month for Enigma.
- Their mainnet going live by the end of the month.
- It is one of our most anticipated mainnet launches for the end of 2018.
- This may resolve into further evidence of Ethereum’s industry-leading development community.
- The strong Use-Case in personal data, healthcare and genomics, credit, and the Internet of Things, among others, Enigma’s first-of-its-kind solution has truly world-changing potential.
- Enigma already supports an application, Catalyst, that provides a solid proof of concept before the mainnet even launches.
- Enigma is the newest project on this list.
- Enigma is already poised to start making a big impact in the crypto industry.
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