Why did stellar lumens run up? What is the trading implications? Is this a game changer?
Today we are excited to announce that Stellar is partnering with IBM and KlickEx to develop a blockchain-based cross-border payments solution proven to significantly reduce transaction costs and increase transaction speeds. This solution will help financial institutions and consumers eliminate inefficiencies and frustrations in current cross-border payment systems, including high fees, slow processing, error-prone transactions, and inefficient capital utilization.
Stellar’s technology serves as the core backbone of this cross-border payments solution. The Stellar network enables frictionless, scalable, and virtually-free cross-border payment transactions, and has been proven to be able to securely process over 1,000 transactions per second with a billion unique user accounts.
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You should consult with an attorney or other professional to determine what may be best for your individual needs.
Cryptobud, Crytobud Media LLC,
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No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence.
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