FX.co ★ Four cryptocurrencies demonstrating blockchain technology's features

SureRemit

This crypto asset allows traders to significantly reduce the commission for transactions. The user pays 0–2% instead of 7–12%. At the same time, you can track transactions that are processed in a few seconds. As a result, costs and possibilities of fraud are lowered. The SureRemit global network, which includes more than 650 stores in Africa and the Middle East, uses blockchain technology. SureRemit is an ongoing blockchain project that surpasses existing services in terms of cost, efficiency, and transparency.

Metal Pay

This is a US competitor of Venmo and Cash App, which allows you instantly transfer money between users for free. They receive MTL tokens for each transaction. According to experts, during the creation of a cashless society, such services will assume the functions of money and checks. The project team actively uses blockchain technology. The future of Metal Pay seems to be optimistic for developers. They are confident that the project will be widely distributed, as it surpasses the existing centralized solutions.

Ravencoin

This project has the highest capitalization among these digital assets. Ravencoin is considered a promising cryptocurrency with great potential. Features of the project:

• the possibility of issuing assets on a protected blockchain basis;
• availability of a secure communication channel;
• decentralized management;

dividend payment. This project is much more energy efficient than Bitcoin, hough Ravencoin aims to become a global protocol for asset transfer. Ravencoin has all the advantages of Bitcoin and its disadvantages are reduced. The project is distinguished by transparent and democratic mining.

SiaCoin

Experts call this project the distributed cloud storage of the future. In 2016, the developers of this virtual currency created a platform for trading data storage services in the blockchain system. Users can rent space on the SiaCoin platform for cloud storage. This service is cheaper than its competitors' ones. The peculiarity of the SiaCoin project is that when loading user data, the system divides them into fragments, each of which is encrypted separately. This provides increased security.