We pick the cryptocurrencies that have real use cases and as such can expect to garner substantial adoption traction in the mass market
A new wave of cryptocurrencies is being created to fill the adoption gap. Cryptocurrencies that have real use cases differentiate themselves from other altcoins by solving a problem in the real world.
Some of these crypto assets are designed to be used as currencies, while others are created to be used as digital assets or smart contracts.
While many cryptocurrencies are still struggling to find real-world uses, there are several that stand out as having the potential to become sustainable and valuable. Here’re the best cryptocurrencies that have real use cases:
LuckyBlock (LBLOCK)
There are many problems with the current lottery systems around the world. LuckyBlock is a new lottery system that solves all of these issues and more. It is designed to be transparent, fair for everyone involved, and it’s built on blockchain technology.
It uses blockchain protocols in order to ensure transparency of its operations while using smart contracts to decentralize its platform as much as possible. This gives players better odds at winning while also providing a solid investment strategy for token holders who can either sell or hold on to their tokens depending on market conditions and player demand for tickets over time.
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Ripple (XRP)
Ripple is a digital asset and a payment system. It is built on blockchain technology and allows for instantaneous global transactions. Chris Larsen and Jed McCaleb created Ripple in 2012.
Unlike Bitcoin, Ripple is not a cryptocurrency. Instead, it is a digital asset used by banks, payment providers, and digital asset exchanges.
Ripple’s distributed financial technology enables the seamless transfer of funds in any currency to any place in the world in no longer than 4 seconds. Ripple works for banks as well as individuals.
The original goal was to produce a decentralized system that allows people to conduct global transactions securely, quickly, and at a low cost.
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Ethereum (ETH)
launched in 2015, Ethereum is a decentralized platform that allows Distributed Applications (DApps) and Smart Contracts to be built and run without a third party interference, fruand, any downtime, fraud, or control. The platform is also the basis for its own virtual currency, Ether.
Ether is like a means of moving around the platform and is sought after mostly by developers looking to create and run decentralized inside the platform.
With Ethereum, we can now instruct the p2p network to carry out specific instructions of an application which effectively makes it a distributed computer that spans all computers running the software.
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Cardano (ADA)
The Cardano (ADA) project is a cryptocurrency and decentralized public blockchain. Ada, the company’s own cryptocurrency, enables peer-to-peer transactions.
It was founded by Charles Hoskinson, former co-founder of Ethereum. Cardano is a platform that seeks to deliver more advanced features than any protocol previously established.
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