Stellar Lumens provides even a small company with the capability to facilitate the transactions of an international bank. And, all these are happening with the many lines of code on the blockchain network.

Stellar has a built-in decentralized exchange for cryptocurrency, forex, and securities.  Users make use of the simple functions built into the protocol to transact funds.

Micropayment services are the power of Stellar Lumens as it facilitates flat fees and fast transactions. New developers can get into the project quickly, making use of the documentation, tooling, and support.

The XLM processes are very simple.  It all starts after understanding the process, creating an account, sending payment, issue assets, and make a buy offer. Funding a new account on the test net happens in just a few seconds.  A funded Testnet account happens pretty instantaneously.

Whether it is a single developer startup or giant companies as big as IBM, they do have something to do at Stellar.  They can move money and access new markets very instantly.

Several projects and partners have built on Stellar.  Stellar is an excellent open financial infrastructure.  There is no permission or application required to get started with Stellar. Anyone can access it. 

Sydney Ifergan, the Crypto Expert, tweeted: “Stellar Lumens (XLM) is home to financial institutions, apps and wallets, payment providers, SDKs, Asset Issuers, Horizon, Service providers, Market Makers, and yes the Validators.  The Stellar Ecosystem is already very mature.”

Stellar Lumens (XLM) Ecosystem Concepts

The Stellar Ecosystem is powered by wallets, asset issuers, tools, and a range of service providers.  Cowrie is an issuer of the NGN StableCoin.  The tempo is the European licensed remittance provider and issuer of a EUR stable coin.  Smartlands are a security token issuance platform for real-world assets.  

Papaya is an issuer of cryptocurrencies like BTC, ZRX, BAT, and ETH.  Pigzbe is a financial education app and digital currency for kids.  Bitbond is the issuer of Germany’s first security token and white label tokenization provider.  Swych is a platform meant for sending and swapping gift cards.

NaoBTC is the issuer of cryptocurrencies like BTC. And, more of them are contributing to the mature ecosystem.

Getting started with Stellar Lumens requires some learning of the concepts and exploration of the case studies, eventually towards building the exciting future of finance. Developers need to understand the core concepts and key features of the network.  Case Studies will help reflect on how businesses are creating world-changing financial tools.