If you are in the crypto industry, 2017 and 2018 have both been hectic. Last year there was a lot of crypto bulls with thousands of cryptos emerging. This year was extremely interesting, resembling a roller-coaster with its ups and downs. The good thing is that there is an increased adoption of cryptocurrencies.
The three new cryptocurrencies that are real game changers include:
SureRemit (RMT) Coin
As the name suggests, this is one of the cryptocurrencies dealing with remittance. It is one of the best innovations in FinTech and aims to address an remittance issues that have existed for a long time. Many people occasionally have to conduct international transactions. The main challenge they face are middlemen who charge exorbitant fees for transactions.
In fact, these charges are between 7-12% if they choose to use traditional remittance methods such as banks and Western Union. This is expensive especially if it involves large amounts of money. However, with SureRemit, users are only charged a small transactional fee of about 4% since it eliminates the middleman.
The Intended Use of Funds
Additionally, when people transfer money internationally, it is for a certain purpose. Since the sender of the money is far, the money may not be used for its intended purpose. SureRemit seeks to address this problem as it makes it possible for senders to receive digital vouchers. Therefore, this can be sent to the recipients and ensures that the money is used as intended.
SureRemit displays tremendous potential since the demand for affordable remittance is high in places like Africa, Asia, the Middle East and Latin America.
Scorum is one of the cryptocurrencies that rewards bloggers and writers for content. It created an edge by concentrating on the sport niche. We live in an era of betting and a rising interest in sports. Therefore, ScorumCoin taps onto this by rewarding all those involved such as writers, voters, and commentators, among others.
The rewards are provided in the form of SCR coin. On this platform, there are four main components: fantasy sports, betting which is commission free, sports blogging and a statistics center.
Scorum’s future is bright since it already has an active community and it will likely surpass its $7 million market cap.
Compared to the two previous cryptocurrencies, RavenCoin has the largest market cap in the block. Additionally, it is different from many other coins sinde it did not have an ICO. Also, there is equal power sharing among developers.
RavenCoin makes it possible to transfer assets in the blockchain ensuring more security. It also makes it possible to seamlessly communicate. Therefore, users can vote on various issues and decisions and receive dividends as payment.
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