FX.co ★ 4 altcoins to check out before 2020

Electrify Asia

This altcoin is considered to be rather promising by market experts. Since the launch of the Electrify Asia (ELEC) startup, the company has provided significant volumes of electricity to business consumers. According to the Asian Development Bank estimates,by 2040 the demand for this service may grow by 58%. Analysts believe that in the coming years, Electrify Asia will contribute to liberalization of the energy market in the Asian region. Holders of ELEC tokens will be able to receive remuneration and commission fees while having the listing deposit as producers and sellers of energy.

Pundi X

Pundi X startup uses the blockchain technology to create a global cashless payment system. Its operation is supported by five thousand XPOS mobile terminals scattered around the world, including Asia, Europe, and South America. With the help of XPOS devices, consumers can pay bills, utilities, and educational services. Pundi X relies heavily on the success of the Pundi-Pundi mobile payment application. The Pundi X project is preparing for large-scale network growth, and in the nearest future, the company is going to place more than 220 thousand XPOS devices worldwide. Analysts expect the Pundi X technology to be very effective.

SophiaTX

The crypto market has long been looking for a unified and reliable platform that allows working with confidential data.SophiaTX has launched a similar platform. Its main advantage lies in the idea of decentralization and scalable blockchain. With its unique ecosystem, SophiaTX may redefine the existing business models and increase its efficiency through instant and secure transactions. The project uses the SAP system, which accounts for 75% of the revenue from all transactions in the world. SophiaTX provides services for over 365,000 customers in 190 countries.

Morpheus Network

An overly complicated supply chain management system can be a serious obstacle to global economic growth. Current supply systems come at a high cost for many companies. Morpheus Network company takes responsibility for collecting and preparing all documentation, storing all the necessary information in the blockchain system. This technology makes it possible to update information online and protect it from third-party interference. The project is believed to be very promising.