David Shi: MDA-BRL Stellar Protocol Tests | Moeda Daily Newsblockchain
11 July, 2018
Last week, the Moeda team was working on the Stellar protocol test for MDA-BRL tokens.
From the token design features made for MDABRL and the whole application perspective in the value chain of Moeda’s, we conclude that Stellar Lumens (XLM) has the best performance and adherence to the network solution.
- Low cost of transaction (~0) increasing Operations margin;
- Scale capacity (from wallet to projects, investors to results);
- Firmness MDABRL parity with The Fiat Brazilian Reais;
- Easiness Hyperledger Fabric Projects token flow integration @Moeda Seed Projects;
- Simplified and optimized SmartContract focused on payments.
The last bullet explains why IBM partnered with Stellar. Focused on financial solutions, with its largest customers as banks, Stellar has the potential to revolutionize payment solutions and gateways. The article below shows the strength of this partnership in a conversation between Jesse Lund, IBM’s Blockchain Head, and Jed McCaleb, Stellar’s Founder.
As clearly stated in MDABRL Reserves token analysis, the Moeda Systems has a strong relationship with the Consortium of Banks, especially with Cresol Cooperative Bank, Ascoob Bank and Polocred Bank, which will allow Moeda to fully operate in Brazil.
Thus, the benefits seen in Lumenauts article, as cost reduction and efficiency gain for financial solutions, alludes to the XLM potential advantages to Moeda’s Ecosystem.
As the technology is recent, there are two similar and relevant cases in which there was latter-day substitution of ETH by XLM:
- Kik (KIN ICO) — Including XLM performance and technical analysis https://medium.com/inside-kin/scaling-kin-blockchain-status-update-ca4f323d3e99
- Mobius Network — Including a Business and Ecosystem analysis https://www.coindesk.com/why-a-39-million-ico-chose-stellar-over-ethereum/
Other sources of network analysis for timing and entry facilities with Stellar team:
You may see the comparison in the picture below:
We are excited about the strong match that XLM showed up to Moeda’s Ecosystem. And even more, to apply the protocol studies and frameworks that we have been internally prototyping in action, to bring the 1st Stellar Lumens token to the Brazilian Market as Moeda’s one.
See you all tomorrow for more updates.
Original article was created by: David Shi at medium.comDisclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.
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