Fintech applications using Stellar Technology
Stellar platform is an open network that connects the financial institutions across the world and integrates them for quicker, reliable and low-cost transactions. The stellar protocol is supported by not-for-profit organisation called The Stellar Development. The main aim of stellar is to unlock the world’s economic potential by enabling a global synergy amongst diverse payment systems to make money move quickly, reliably, and at very minimal cost..
Fun Fact: The transaction fee in a Stellar smart contract is 0.00001 XLM and that there is no gas fee for transactions.
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