Stellar (XLM) And IBM Ready To Push Distributed Ledger Technology Adoption

Stellar (XLM) is one of the top distributed ledger platforms in this space that has a real shot at mainstream adoption. All sorts of companies from Amazon to Starbucks are going to be using distributed ledger technology in the months and years ahead. It is only a matter of time before they make the transition. Major tech giants have already chosen their favorite platforms to back for the revolution that is about to come. IBM has chosen Stellar (XLM) to be its partner in this mission. They are joined by other reputed companies like Deloitte. Together, these companies can make distributed ledger technology accessible to all sorts of businesses.

IBM is not as big a company as Microsoft or Amazon but there is something that differentiates IBM from both of them. It is company that revolves around perfection in innovation. From the birth of the internet right unto the present day, all things IBM have an aura of perfection to them. This explains why they chose Stellar and not some other blockchain for their ambitious blockchain adoption program. They have already rolled out a service, IBM Blockchain World Wire to push for cross borders payments solutions. IBM is already a major service provider to major corporations which means they already have the reach. All they need to do now is push for adoption.

There are many people in this space that are approaching cryptocurrency investments half-heartedly without realizing that this major transition would not be happening if cryptocurrencies were not meant to stay. Major tech and financial giants like IBM, Visa, Microsoft, and Google have already ventured into this space. Amazon just recently registered domains, AmazonCryptocurrency.com, Amazon Cryptocurrency.com and AmazonEthereum.com. Banks like JP Morgan or Goldman Sachs may announce to the world that they do not see the space as mature enough for investment yet or that they are more interested in blockchain technology than cryptocurrencies but their actions speak louder than their words.

Chart for XLM/BTC (1W)

The world is in dire need of faster and cheaper cross border payments but more than that, it is in need of peer to peer finance. For far too long we have relied on the big banks and financial institutions that have enslaved us for centuries. They are the ones to be held responsible for the state of financial markets across the globe. There are trillions of dollars in derivatives and bonds that cannot be backed by anything. The numbers that we see in our digital bank accounts are just that: numbers. If all the customers of a bank decide to withdraw on the same day, the bank will not be able to fulfill their requests. This is the problem with fractional reserve banking.

Stellar (XLM) and technologies like it are promising to make our lives better by putting us in charge of our own finances by cutting out the middleman. The world is full of people who are not open to change unless circumstances force them to. This is why the next global financial crisis is going to be the perfect catalyst we need to put the flaws of the current financial system on a giant projector for the world to see, so that they may make better decisions for their future and welcome technologies like Stellar (XLM) for the good of the generations to come.