Every day, in the crypto world, projects arise that take advantage of Blockchain technology to create incredible new products for users. Many of them fail along the way, but some fail and become multi-million dollar businesses. So today we tell you what three Blockchain projects have a greater chance of succeeding in the future, according to our analysis.
1- Binance’s Blockchain bet: BNB
We couldn’t open our ranking with a project other than Binance Coin (BNB), the cryptocurrency of the exchange that recently fulfilled three years in the market. During which it has managed to position itself as one of the most important virtual currencies in the world, occupying the ninth position in the CoinMarketCap cryptoactive ranking.
Now the reason for Binance Coin’s success is the same factor that makes us optimistic about its future. We refer, of course, to the enormous institutional support that the cryptocurrency receives from its parent company, Binance. Which has put all its financial weight and influence in the crypto world, to encourage the use of BNB by cryptocurrency users.
Thus, Binance Coin would be part of a much broader Binance strategy, with the aim of building an ecosystem in the world of Blockchain technology. Launching a series of products within which BNB would be a cohesive element, present in each and every one of them. Generating the exchange incentives for the use of BNB in trading, and in competitions organized by the company.
As a result, and thanks to the size of Binance’s ecosystem, its cryptocurrency is in the best possible position to succeed. Becoming, as time goes by, a product increasingly widespread among those who use the services of Binance.
2- The Ripple and Santander project: One Pay FX
The second project with high chances of succeeding in the future is One Pay FX. An application based on Blockchain technology, jointly developed by Ripple and Banco Santander, to streamline the process of sending Fiat money across borders.
Thus, One Pay FX would be a mechanism made available to Santander users to send money to different countries. In an attempt to make this process more efficient, simultaneously reducing the execution time of cross-border transactions, and the commissions that must be paid for their execution.
In this way, Santander and Ripple demonstrate how Blockchain can be exploited by traditional banking. Reaching the point where, currently, half of Banco Santander’s international transactions go through One Pay FX. A figure that is estimated to only continue to grow in the years to come, as Santander deepens its commitment to the platform.
3- The browser of the future: Brave Browser
Finally, we close this ranking of the Blockchain projects with the greatest chance of success, with a browser that has made headlines in recent days. We refer to Brave Browser, the browser that tries to revolutionize the internet business model forever.
And it is that, Brave Browser turns its attention to one of the weakest points of the main technology companies: the security of user data. Thus, by using Brave, the company guarantees that your data is not being used to bombard you with advertising, or by third parties for even darker reasons.
In this way, the profits of Brave Browser would come mostly from a collaborative model with its users. Where they are allowed to choose if they want to see advertising, as well as the amount of it that will appear on the screen. Sharing profits with browser users through their own cryptocurrency, Basic Attention Token (BAT).
Thanks to this innovative vision, Brave has closed alliances with several of the main crypto market companies. Including exchanges like Binance and bitFlyer. What consolidates Brave as one of the Blockchain projects with the best possibilities of being successful today.