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FX CRYPTOCURRENCIES


platform to accomplish finality time faster and more efficiently than other blockchains utilizing DAGs (with an estimated 300,000 tps).


Finally, Fantom enables the building


dapps on their “Opera Chain,” furthering


and deployment of transparency


and cost reductions for countless industries (e.g. telecommunications, retailers, logistics, financial services, government, and more).


Why You Should Keep an Eye on FTM


Having garnered recognition for their technical whitepaper by Cornell’s arXiv and ironed out their fundamental product, Fantom’s now turning towards securing partnerships and spreading the DAG gospel.


Specifically, in November 2018, Fantom entered into a partnership with the University of Sydney to research programming methodology for smart contracts, extend programming language Solidity until it’s safe to use, and produce a compiler to translate Solidity to a virtual machine.


Such partnership follows Fantom’s recent permeation of Australia, and is just the beginning of a tenure which is set


58 FX TRADER MAGAZINE January - March 2019


to work with local communities, enterprises, businesses, and government to define, build, and deploy Fantom technology in Australia.


And, it’s not just Australia Fantom is tackling. In late November, Fantom announced a partnership with Fuiou Group, a China-based third-party payment provider and solutions company, with the goal of incorporating Fantom’s infinitely scalable payment technology in their payment service.


Just for record, Fuiou Group’s payment service handles over 6 million transactions per month and is used by consumers across the globe.


Finally, showing the diversity of Fantom’s scalable technology is their October partnership with multi-billion dollar corporation and energy industry titan Danfoss. The terms of the partnership dictate a “massive strategic alliance,” with the overall endgame to revolutionize P2P energy platforms (similar to how Uber has taken on modern- day transport).


To understand the magnitude of this partnership, Danfoss employs nearly 24,000 people across the globe, and has netted €5.8 billion in sales across 47


countries and 56 factories in 2017.


You can read up further on Fantom by swinging by their website and checking out their whitepaper. And, to keep up with the latest Fantom news and updates, check out their detailed syllabus here.


Final Thoughts


When researching and investing in cryptocurrencies, all you can do is make


the best decision


you can with the information available to you at the time. Think of this as an opportunity to familiarize yourself with projects at near ground floor, and lay the foundation for a future (hopefully) bull run. So, whether you’re looking for projects making moves and solidifying themselves at the forefront of enterprise, government, and institutional blockchain adoption, look no further.


Finally, we can’t stress enough that it’s essential for you to do your own research, never invest more than you’re prepared to lose, and utilize cold storage when you’ve accrued more than one month’s salary in holdings.


Owen C.


Cryptocurrency Investor InvestInBlockchain.com


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