Digital currency is eventually acquiring the whole world because it has made payment system very convenient and easy. Due to the internet being used as its base, it can be owned or transacted anytime from anywhere. This digital currency can be called as the cryptocurrency or virtual currency.
With time, more and more investors are getting interested in the cryptocurrency because it holds the capacity to flourish in upcoming years. Cryptocurrencies are attracting investors more than that of stocks, mutual funds, and other government-based investment programs. Due to its increasing demand, the price is also rising continuously.
According to the market demand, investment and usability listed out some leading cryptocurrencies:
1. BITCOIN (BTC)
Bitcoin has maintained a position that is at the top of all the cryptocurrencies. It has acquired market capitalization of $56,034,084,900.It Was introduced by Satoshi Nakamoto when there was no other digital currency in the world and no one knew about the concept of cryptocurrency and blockchain.
If one doesn’t have enough money to buy Bitcoin, then one can invest in Satoshi which is the smallest unit of Bitcoin. Though, Bitcoin cash has also launched as a smaller unit of Bitcoin. The Bitcoin miners are the individuals who help in making a Bitcoin transaction secure and successful. After owning a Bitcoin, the owner can keep it safe in his/her Bitcoin wallet.
2. ETHEREUM (ETH)
Ethereum has introduced a layout which can be used for smart contracts using dispersed blockchains. The Ethereum market cap has attained $27,840,749,469 having a rate of approx. 90 US Dollars.
3. RIPPLE (XRP)
Ripple brought a real-time gross settlement system network into existence. Ripple was launched in the year 2012. Till then, it has acquired a market cap of $6,896,802,229. One can purchase one-unit in around $0.2281 (as on Sep 2017).
4. Bitcoin Cash
Bitcoin Cash brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. The Bitcoin cash a market cap $11,272,650,676 having a rate of approximately $680.
NEM was launched on March 31, 2015. In two years, it has reached a market cap of $2,594,160,000. It runs properly on Java platform.
6. LITECOIN (LTC)
Litecoin is based on the same concept as Bitcoin i.e. peer-to-peer technology i.e. focused on transparency and security. The market cap of Litecoin has reached to $2,438,636,173 having a value of approx. $30.89 for one Litecoin.
NEO is a fictional character and the main protagonist in The Matrix franchise. NEO, formerly Ant shares, is China’s first ever open source blockchain. Founded in 2014, NEO’s mission has been to reinvent the way commerce is done. It has reached a market cap of $ 1,726,950,000.
IOTA is a revolutionary new transactional settlement and data integrity layer for the Internet of Things. It’s based on a new distributed ledger architecture, the Tangle, which overcomes the inefficiencies of current Blockchain designs and introduces a new way of reaching consensus in a decentralized peer-to-peer system. IOTA has attained market cap $ 1,555,564,123.
9. DASH (DASH)
Dash was before known as XCoin or Darkcoin. Dash coin was introduced in 2014. Dash has attained a market cap of approx. $ 1,500,528,478 in three years.
10. ETHEREUM CLASSIC (ETC)
Ethereum Classic is not as popular as Ethreum yet it has acquired a market cap of $1,430,719,569 with a value of approximately $6.58 for one unit of Ethereum Classic.
Rilcoin is a cutting-edge crypto technology based, fully decentralised crypto-currency, which actually has all the benefits of fiat currency as well the freedom and anonymity of a crypto-currency. Rilcoin is a part of an Asset Management System (AMS).
Using Rilcoin, Investors can buy or sell assets through the asset management system (AMS), which facilitates ownership of a single asset to be owned by several investors at the same time. The world is changing and technology works as a catalyst in this process. All most all business segments are getting modified as a result. The way businesses operate today will not happen in the near future. To name a few, Agriculture, Energy, Technology (IoT), Manufacturing & Logistics, Real Estate and much more will evolve with time. Our vision is to take this opportunity and create a platform to distribute it across the globe. The assets all over the world can be owned by the people without any social or geographical barriers and design a payment system so flawless and robust to support the infrastructure based upon block-chain technology.
With Rilcoin, a revolutionary improvement in blockchain technology and cryptography now enables common people to use their smartphones, smart TVs, Smart IoT devices for becoming a part of the new type of blockchain a.k.a Tron-chain.