Build Fintech Application with Stellar Platform
Initial coin offering can be best suited with stellar platform. The smart contracts provided by Stellar are simple, faster and non-Turing complete, which means that they can only provide simple functionalities for basic applications. In fact, some transactions and accounts can act as smart contracts which drastically reduces the possibility of hacking thus making the platform relatively more secure.
Security token offering on stellar is becoming very popular these days as many STO's have started choosing stellar over ethereum because of the platform’s low transaction cost, high transaction speed and ease of dividend issuance to investors. Example : smartland (tokenization of a student dormitory) , BlockPark (tokenized shares of equity in a mixed-use residential/commercial property development)
Stellar supports multiple features like management of micro payments, automatic exchange, real time transactions(2-5 sec), cryptographically securing transactions.IBM has partnered with stellar to build universal payment solution powered by Stellar platform. Supply chain companies are also integrating stellar with hyperledger blockchain for payment settlements
Stellar platforms enables to tokenize a property using stellar platform. Listing multiple real estates on stellar network thus creating a real estate market is already underway and the process has seen a steady growth. Stellar network empowers to buy property within minutes in other countries. Slice is working in a similar way and allows users to buy properties using virtual currency.
Agricultural lands can be tokenize easily using stellar platform that enables real time transactions. Smartlands is working in order to select high quality agricultural land and tokenize it on the Stellar network. This will permit landowners with easy of doing business with seamless work process.
Most of the industry dealt with irregularity in business thats leads financial loses and takes years to process to get back the payment. With Stellar , Transactions can be reversed on the Stellar network, freezing the issued assets is possible.
First Security Token Offering on Stellar Blockchain
A mobility as a service platform on Blockchain. The idea here is to develop a first of its kind tokenization platform on Stellar blockchain.View Project