Stellar Lumens meeting in San Francisco is set to create more buzz
The road ahead is looking Stellar...
Stellar Lumens, a currency with the goal of speeding cross-border transactions, is scheduled to be the focus of attention in a meeting taking place in San Francisco tomorrow, April 19. Jed McCaleb, the co-founder and CTO of Stellar Development Foundation will be outlining future plans for the currency.
The currency has been receiving more attention as of late, following a successful test launch and continued development, with plans to launch real payments by autumn. With a large group of world-recognised partners, including the likes of IBM, the open-source project has been showing it has a great deal to offer as a potential solution to global payments.
Stellar offers numerous important features such as 2-second transaction resolution, distributed exchange, multi-currency transactions, and fiat conversion through lumens as an intermediary. This enables low-cost financial services, reducing poverty and increasing economic potential in developing countries, in particular.
The meeting in San Francisco tomorrow is likely to cause more attention to be drawn to this product. Having fallen in price so precipitously during the January crash, and beginning a solid recovery earlier this week, it may be time for this currency to make a strong surge now that the worst of the bear market appears to be behind us.
For a good read on some of the winning features of Stellar, have a look at this article.
*This is not professional trading advice - it's just my opinion!
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sources:
https://globalcoinreport.com/stellar-lumens-become-next-crypto-giant/
https://www.weusecoins.com/what-is-stellar-lumens/
https://www.stellar.org/
image source:
https://themerkle.com/what-are-stellar-lumens/

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