Cardano Improving Real World Use Cases – Signs of Life Back in the Cryptocurrency Market

Maheen Hernandez By Maheen Hernandez October 26, 2019 Off
cardano ada

Cardano (ADA) is working on a partnership with COTI to come up with a merchant-focused payment gateway. Cardano is working on improving the real-world use cases.

COTI is an enterprise-grade fin-tech platform, and the partnership between these firms is focused on improving the commercial adoption of Cardano.  Thus merchants will be able to transact using the ADA.  This payment system will be one that can be directly integrated with the merchant’s website. They will be providing an ADA Pay button or a QR-based Point of Sale (PoS) system.

Shahaf Bar-Geffen, CEO of COTI, expressed that he was happy about the partnership, and he stated that “The ways people exchange value is changing for the better, and the future is looking more promising for payments.”

The COTI’s Universal Payment Solution (UPS) will be used to code the ADA payment gateway. This smart-contract project is all set to improve on the adoption of ADA.

Monero currently the #13 in the cryptocurrency market surged by 9.6% over the past 24 hours, thus working in trine with the market sentiment. Of note, the overall cryptocurrency has been going green.  There will be a protocol upgrade for Monero, and it is scheduled to take place on November 30, 2019.

There is a strong bullish momentum for the Monero, and the price will be propelled to $60.  Resistance is seen for Monero at $70.924.  Support is seen at $50.313.

EOS has gained 13.48%, and it was trading at $3.4090. Investors are gaining confidence.  The sudden rise of the Bitcoin price pushed the price of the EOS, improving its overall cryptocurrency market cap.

Stellar Lumens ranks 10th in the cryptocurrency market. Stellar is focusing on high-speed micropayments with low transaction costs. Stellar, along with Compound and Celo Sign, have partnered with Gauntlet to work on the blockchain projects.  Gaunlet has been working to make smart contracts trustworthy and safer for users. This is one of the many partnerships of Stellar.  Stellar has been trying to expand its presence in the market by various partnerships.

Gaunlet recently published, “We are also backtesting different assets so that COmpound can introduce new lending pairs with confidence.”

DASH is in complete compliance with the FATF travel rule; in fact, it is far more compliant than Bitcoin.

The deposits of Dash made to exchanges, and other services will be risk scored to ensure maximum compliance.

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