Every once in a while, a truly disruptive technology comes through the marketplace. If you’re ready, you’ll change your life.

The latest disruptive technology is cryptocurrency. Cryptocurrency is decentralized, receiving its value from a computer algorithm. Governments cannot create new notes, nor can they manipulate its value.

It is worth the same across borders and eliminates the middleman, such as banking institutions.

Many cryptocurrencies will fail, which is why as an investor you must do your due diligence. It’s best to invest in currencies which have real potential.

Let’s take a look at three promising cryptocurrencies.

Power Ledger (POWR)

What is it?

Power Ledger is a distributed, energy trading platform that allows people trade renewable energy.

Dr. Jemma Green realized that apartments in Australia didn’t have access to renewable energy. She created a system that allowed residents to trade solar energy peer-to-peer, using blockchain technology to support her battery system, with no power company to process the transaction.

Why is it disruptive?

Right now your energy choices are primarily determined by what power companies offer you. With Power Ledger, individuals trade energy in the form of tokens, which opens up energy choice particularly in renewable energy. There’s no massive corporation making your decisions.

What are its applications?

Its biggest application is power sharing within a grid. In an apartment building, for example, residents who consume less energy can trade with those who consume more.

Neighborhoods can develop microgrids or participate in small-scale carbon trading, for example. All this more effectively manages the energy demands we make in the environment.

What’s the roadmap?

They will begin beta testing autonomous asset management in 2018, as well as carbon trading applications. They will also be fully operational on a public PoS blockchain. Finally, they’ll begin beta testing the power port application, launching wholesale market settlements and other future applications.

What’s the verdict?

Power Ledger is an excellent long-term investment. You can get in on ground level with at less than $2 per token and a billion unit cap. These investments could rise between 500 and 1000% in 2018, but with no pumps and dumps, this valuation is steady.

You can invest in Powerd Ledger on Binance

2. SALT Lending (SALT)

SALT is a peer-to-peer lending platform that allows users to exchange blockchain assets for leverage in cash loans. It gives users access to liquidity without having to sell their assets.

A user puts a block of asset up as collateral and receives the loan. As the value of that asset falls or rises, the payment of the loan is adjusted accordingly. When the loan is fully paid, the user receives his or her original asset back.

A user doesn’t need a good credit score or borrowing history. This is a loan based purely on collateral.

Why is it disruptive?

Not only do you not have to sell your assets to achieve some liquidity, but you don’t need to go through the red tape of a traditional loan.

For example, if you need $10,000 in USD, you would deposit $11,000 worth of bitcoin into the account. As you pay off the loan, payments are adjusted based on the value of bitcoin. If the value goes up, your payments are lessened. If the value drops, your payments are increased.

In the end, your entire bitcoin collateral is posted back to you.

What are its applications?

Its most significant applications are through achieving low-cost loans peer-to-peer to prevent unloading assets during times of cash-need. A user can receive cash without selling off their digital assets.

What is the roadmap?

Confirmed rumors show a credit card option in the works to further ease the process. The platform only officially released in December of 2017. They do intend to embed their loan products directly within tokens.

What’s the verdict?

The current price for a SALT token is $12 USD with a total supply of 120 million tokens. Bitcoin is more than $17,000 for a token and Power Ledger is $40. There have been no pump and dumps, making its rise steady.

You can invest in SALT Lending (POWR) on Binance

3. WaCoin (WABI)

Wabi started with the scandals in China over fake, toxic baby formula. The parent company, Walimai devised a system to ensure authenticity with a tamper resistant label that can be scanned and viewed using blockchain technology.

Now, Wabi tokens can be exchanged for authentic goods and ensure that counterfeiting becomes a thing of the past.

Why is it disruptive?

Customers are given direct access to the life of the product through the immutable blockchain ledger. As customers scan the products, they earn token rewards in the form of Wabi coins that can be used for purchases. This transforms the power dynamic between consumers and companies.

What’s the application?

The system is a more transparent way for companies to provide quality products, and for consumers to be the first to know when a product isn’t safe, rather than the last.

What’s the roadmap?

The parent company plans to develop further relationships with companies and develop specific technology for pharmaceuticals. They also hope to expand into insurance and build loyalty programs.

What’s the verdict?

The current price is $12 USD per token with a total supply of 99 million, compared to nearly $17,000 USD for bitcoin. A steady climb with a built-in check against pumps and dumps makes this the best choice of the three for long-term investment.

You can invest in WABI on Binance

For more in-depth analysis of solid cryptocurrencies, follow me on Twitter: Block Strategy

Please note that this is not financial advice.
Full disclosure: I own each of the three cryptocurrencies listed above