Blockchain technology seems to be picking up speed nowadays. The technology that emerged in 2009 as Bitcoin has now become a mainstream technology. Blockchain has applications in various industries, including healthcare, supply chain, logistics, legal and more. Blockchain applications are designed and developed to make business processes more efficient and transparent.
As organizations have started to experiment with blockchain’s potential by developing blockchain apps, the demand for blockchain platforms is off the charts. One of the surveys reveals that the global blockchain market size is expected to grow from USD 3.0 billion in 2020 to USD 39.7 billion in 2025, at a CAGR of 67.3% during 2020-2025. Therefore, the need for blockchain platforms is evergrowing to build the blockchain-enabled ecosystem securely and quickly.
So, we have created a list of some of the best blockchain platforms which you can develop in 2021 to help organizations bring more transparency and efficiency into their business ecosystem and where investors want to invest which leads you towards a profitable market.
1. Bitcoin
Originally designed by anonymous creator Satoshi Nakamoto in 2009, Bitcoin (BTC) is the first cryptocurrency. The blockchain behind BTC, like most cryptocurrencies, records transactions across thousands of computers using a distributed ledger.
2. Litecoin
Bitcoin is equivalent to gold in a cryptocurrency world, while Litecoin is equivalent to silver. Litecoin is a trusted alternative coin, as well as one that is among the first. The Litecoin market cap is $2.59B, which is steep, and the coin has a faster transaction speed than Bitcoin.
3. Ethereum
The Ethereum platform offers non-fungible tokens (NFTs), which are implemented automatically using predefined parameters along with smart contracts. It is a favorite among programmers because it offers smart contracts and NFTs.
4. Dogecoin
A Dogecoin investment could produce returns up to nearly 50% by 2021 if priced around Rs. 50. Musk, who launched Dogecoin in 2013, appeared on a TV show in May and talked about it. Dogecoin’s value soared tenfold after this conversation but has since fallen by 40%. One of the most promising cryptocurrencies for 2021 is Dogecoin, which has recently grown in prominence. There is a record-breaking $80 billion market value of Dogecoin.
5. VeChain
If you’re looking for a cheap digital coin to invest in, VeChain might be an option for you. VeChain Thor is the blockchain that powers VeChain Thor, as well as the VeChain currency. The distributed ledger facilitates the management of supply chains and other business processes with this type of blockchain.
6. Binance Coin (BNB)
Binance Coin, a cryptocurrency, is one of the top crypto exchanges globally and can exchange goods and payments. With the launch of Binance Coin in 2017, it has adapted to facilitate more than just trades on Binance. With it, one can buy, sell, and process payments, as well as book travel. You can also exchange the cryptocurrency for other cryptocurrencies like Bitcoin or Ethereum as well as trade.
7. XRP or Ripple
One of the most popular cryptocurrencies of 2017 was Ripple, also known as XRP. It was chosen by global banking corporations as their preferred currency – becoming a silently used method of sending and receiving payments.
8. Basic Attention Token
In 2018 and into 2019, BAT’s price held steady as a symbol of its future potential. With Brave’s rapid adoption since 2019, the Basic Attention Token functions as a utility token. As one of the world’s most popular cryptocurrencies, BAT has all of these features.
9. Cardano (ADA)
Proof-of-stake became the standard in the crypto world early on for Cardano. Unlike platforms like Bitcoin, where transaction verification is a competitive, problem-solving activity, this method eliminates this component to speed up transaction time and reduce energy consumption and emissions. Decentralized applications and smart contracts on Cardano can also be built using ADA, the native cryptocurrency.
10. Monero
Check out Monero if you are concerned about private transactions. Cryptocurrency Monero enhances the privacy of its users by making it highly liquid. This cryptocurrency’s focus on privacy and liquidity might seem out-of-date to geeks, but it is a good choice for diversified investing because of its focus on privacy and liquidity.
11. XLM
Stellar Lumens (XLM) are the currency within the open-source blockchain system Stellar. XLM is primarily dedicated to providing low-cost trading platforms for emerging markets.
12. Tether
Tether is different from other cryptocurrencies, such as bitcoin. Its value is backed by fiat currencies such as dollars and euros, which keeps the value of one of these denominations hypothetically. Tether’s value is considered more consistent.
13. EOS
At this time, it has proven to be a useful blockchain. Many Android app development services use this cryptocurrency. Apart from eliminating transaction fees, one of EOS’s highlights is its unique blockchain structure. A greater number of transactions occur with this system than with large payment networks like Visa and MasterCard.
14. Polygon
The blockchains of Polygon are interconnected, and Ethereum firmware is used to power this network. Ethereum’s problems are overcome by using a sidechain made from innovative technology.
15. Beam
As with Monero, Beam also uses a new blockchain called Mimblewimble, but unlike Monero, it is privacy-focused. Using this technology, transactions are fast while remaining private. 4.99B USD is the market cap.
If you are one of those people who are new to the cryptocurrency world, then these 15 cryptocurrencies are the best choices for you. These 15 will show potential growth and are also profitable. Anyhow keep in mind that cryptocurrencies are very volatile, and no one can predict the behavior of the market. So choose your cryptocurrencies wisely and use them.
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