best crypto currency to buy in 2017
Here are five promising altcoins that need to be part of any serious investor portfolio in 2017
Sia
Sia is a cryptocurrent that will drastically change the way we look at cloud storage in the enterprise and has its eyes firmly in a market dominated by Dropbox, Microsoft, Amazon and Google.
Traditional cloud storage services, such as DropBox, load client data into a central ecosystem where it is controlled and thus exposed to all sorts of dark mischief, such as database breaches, accidental loss, and usage Improper use of personal data.
With Sia your uploaded files are encrypted, divided into small pieces and then distributed across multiple hosts, meaning superior redundancy (multiple copies of your data are stored securely on multiple hosts) ensuring that data loss and Snooping are no longer a problem.
What makes Sia Big is that anyone can participate and get paid to lease their spare storage space (something that many of us have with the price of hard drives so low). When a uploader and a host connect a contract it is called called "smart contract" which allows the lessee to receive payments in return for their storage space being used.
Given the potential of SiaCoin, we believe it is seriously undervalued, in fact hundreds of other currencies exist without a fraction of Sia's utility. Undoubtedly, the technology is designed to transform the storage of data in the future.
Check out SiaCoin here: http://sia.tech/get-started/ or buy quickly at https://changelly.com/
Burning
Nicknamed NXT 2.0 - Ardor is a scalable block platform that natively supports a wide range of features including transaction aliasing, block storage, account management, privacy-based coin blends, voting, and built-in marketplace creation. However, the outstanding feature that makes Ardor a truly innovative project is its implementation of children's chains.
The introduction of child chains opens up great levels of customization and allows each secondary chain (which could be a company, a private / public organization, an institution, a group, etc.) to run its own autonomous block ecosystem while still benefiting from all The main features of Burning itself. These features can also be turned on and off depending on the requirements of that project given what is a very attractive platform for a wide range of use cases.
This flexibility will really be a game changer in the crypto space as companies looking for blockchain solutions will no longer have to choose a one-size-fits-all approach on a locked shared chain; they are given creative freedom to build chains of children who are Adapt to your very specific needs and safety requirements.
The project has the cryptoma community very excited and already has a healthy market that is bound to explode in Q3 2017, when the Ardor mainnet launches.
Buy quickly at https://changelly.com/
Check out Coin Spectator for the latest cryptoxicity news from all sources.
Wave
Most cryptographic technologies are based on decentralization when managing transactions, however, Ripple has a more traditional approach. It takes the idea of banking and in particular SWIFT transactions and provides a much needed update through the use of blockchain technology.
At present, when sending fiat cross-border transactions, money goes through multiple intermediaries and may take weeks to complete. The process is not only limited to banks 'in the loop', but it is also more risky as non-affiliated banks have to issue IOUs when working with each other. This means that an issuing bank has less security if a receiving bank collapses suddenly.
Ripple tackles all these shortcomings by providing cheaper instant transactions that start with a single currency, XRP. Although Ripple and XRP are two parts of the same project given the integral function of XRP and future use cases as a currency used by the general public the price of the XRP has skyrocketed in the last couple of months reaching almost $ 0.30 in the Moment of writing.
There are also over 100 banks around the world that are currently working with the Ripple team and dragging the system. These include Abu Dhabi Bank, Standard Chartered, BMO Financial Group and Shanghai Huarui Bank, Santander, UniCredit, UBS, Reisebank, CIBC, ATB Financial to name a few.
Leaving aside the ethics of bankers, the technology will probably become
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helpful post and thanks for share