Most Important Bitcoin & Cryptocurrency News By Use The Bitcoin
in Guides Home June 14, 2018 This is a follow-up article to the list: The emergence of blockchain technology has generated plenty of cryptocurrencies. Given the sheer number of coins and tokens issued nowadays, it can be quite a headache choosing which crypto is worth investing in, especially as the markets fluctuate so rapidly.
Elastos is ranked on 74th on the CoinMarketCap (CMC), having a market capitalization of $192,363,537 USD and is currently trading at $38.28 USD. Elastos is a blockchain based operating system which aims to become the first open source Internet Operating System.
Elastos’s objective is to establish an internet which does not require interference from third-parties when users want to watch movies or play games. Through its distributed architecture, the Elastos platform intends on providing a generalized infrastructure for the future IOT – ‘internet of things’ – financial system.
Among the offered services are the ability to link digital IDs to digital content, bringing forth a new model that can be used in the purchasing of movies, books, music, and games. Through this platform, original content creators can benefit from a peer-to-peer marketplace in which seed investors are paid through the use of smart contracts, the funds being allocated in real-time.
Elastos can also be used as an environment for P2P Dapps development – similar to a distributed AppStore or GooglePlay Store – which runs with no centralized control, still being able to function seamlessly with traditional OS platforms such as Android or iOS. Elastos uses its native ELA tokens as a cryptocurrency for paying the services of accessing files, meaning that you will be able to use your ELA tokens to pay to access content on the internet. Read more from usethebitcoin.com…
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