Cryptocurrency has provided many pathways to financial freedom for many people. As technology improves, the industry gets better and better. blockchain technology is now being used to improve almost every industry. From gambling to cross-border payments, crypto is now involved.
While Bitcoin (BTC) and Ethereum (ETH) assert themselves as the two powers of the crypto world, there are many exciting new projects aimed at solving real-world problems. Three of the most exciting projects to watch over the coming months and years are VeChain (VET), Quant Network (QNT) & Secure encryption (SCT).
VeChain (VET) is an eco-friendly blockchain platform whose main mission is to provide companies and institutes with technology and solutions tailored to their specific needs. With offices in China, the United States, France and more, VeChain is a global powerhouse. They also have big names in terms of partners including Walmart, BMW and Bayer.
VeChain’s technology has its hands in many different pots, with their website stating that they can provide food safety traceability, automotive passport solutions, as well as digital carbon footprinting and sustainability. Priced at just $0.046 at the time of writing, the network has fantastic growth potential. In 2021, it reached a price of $0.28, which is the all-time high for the coin. It should easily rally around this price when the bull run starts again.
Quantum Network (QNT)
Quantum Network (QNT) is a blockchain connectivity network and operating system created in 2018. Its main purpose and usage is to bridge the gap between various blockchains and applications, allowing them to connect and disconnect from the network ledger. Quant Network (QNT) can easily integrate ledgers such as Bitcoin and Ethereum to allow them to intersect and join using a unique technology known as the Overledger DLT Gateway.
As the gradual acceptance of Central Bank Digital Currencies (CBDCs) progresses, this type of technology will be advantageous. Quantum Network (QNT) is an ISO 20022 compliant company alongside Ripple (XRP), which means that in the future it will provide the technology that improves cross-border payments between countries.
Secure encryption (SCT)
Secure encryption (SCT) is a brand new cryptocurrency which was founded in February 2022. The decentralized communication protocol plans to bring people together in a safe and secure environment where users can connect, socialize and do business in the digital world.
Secure encryption (SCT) has many advantages over more traditional messaging apps such as WhatsApp and facebook messenger. The decentralization of the project means that user data is not stored on the platform. This increases security and removes the risk of possible hacking. Likewise, personal information is not kept long-term, so data that could be considered sensitive is completely avoided.
Secure Crypto’s network of anonymous, independent, disconnected nodes (SCT) keeps a record of messages and files that are not shared with anyone or anything, ensuring full transparency. The white paper also states that users may be able to earn $TBS in several different ways. Sharing/reposting content, providing feedback, and bringing additional people to the platform are just some of the ways this could be done.
It is important to separate legitimate projects from pump and dump schemes when investing in cryptocurrency. VeChain (VET), Quant Network (QNT) and Secure Crypto (SCT) all have strong fundamentals that could be the cornerstone of a very successful future.
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TAGS: VeChain, VET, Quant Network, QNT, Secure Crypto, SCT, Cryptocurrency, crypto