Best Cryptocurrencies That Have Real Use Cases

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.

We pick the cryptocurrencies that have real use cases and can therefore expect to garner substantial adoption traction in the mass market

A new wave of cryptocurrencies is being created to fill the adoption gap. Cryptocurrencies that have real use cases differentiate themselves from other altcoins by solving a problem in the real world.

Some of these crypto assets are designed to be used as currencies, while others are created to be used as digital assets or smart contracts.

While many cryptocurrencies are still struggling to find real-world uses, there are several that stand out as having the potential to become sustainable and valuable. Here’re the best cryptocurrencies that have real use cases:

1. Buy Lucky Block (LBlock)

There are many problems with the current lottery systems around the world. Lucky Block is a new lottery system that solves all of these issues and more. It is designed to be transparent, fair for everyone involved, and it’s built on blockchain technology.

It uses blockchain protocols in order to ensure transparency of its operations while using smart contracts to decentralize its platform as much as possible.

This gives players better odds at winning while also providing a solid investment strategy for token holders who can either sell or hold on to their tokens depending on market conditions and player demand for tickets over time.

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2. Buy Ripple (XRP)

Ripple is a digital asset and a payment system. It is built on blockchain technology and allows for instantaneous global transactions. Chris Larsen and Jed McCaleb created Ripple in 2012.

Unlike Bitcoin, Ripple is not a cryptocurrency. Instead, it is a digital asset used by banks, payment providers, and digital asset exchanges.

Ripple’s distributed financial technology enables the seamless transfer of funds in any currency to any place in the world in no longer than 4 seconds. Ripple works for banks as well as individuals. The original goal was to produce a decentralized system that allows people to conduct global transactions securely, quickly, and at a low cost.

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3. Buy Ethereum (ETH)

launched in 2015, Ethereum is a decentralized platform that allows Distributed Applications (DApps) and Smart Contracts to be built and run without a third party interference, fruand, any downtime, fraud, or control. The platform is also the basis for its own virtual currency, Ether.

Ether is like a means of moving around the platform and is sought after mostly by developers looking to create and run decentralized inside the platform.

With Ethereum, we can now instruct the p2p network to carry out specific instructions of an application which effectively makes it a distributed computer that spans all computers running the software.

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4. Buy Cardano (ADA) 

The Cardano (ADA) project is a cryptocurrency and decentralized public blockchain. Ada, the company’s own cryptocurrency, enables peer-to-peer transactions. It was founded by Charles Hoskinson, former co-founder of Ethereum.

Cardano is a platform that seeks to deliver more advanced features than any protocol previously established.

What’s your favorite cryptocurrency? Do share your thoughts with us through email. We love hearing from our visitors.

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About Gary McFarlane PRO INVESTOR

Gary was the production editor for 15 years at highly regarded UK investment magazine Money Observer. He covered subjects as diverse as social trading and fixed income exchange traded funds. Gary initiated coverage of bitcoin and cryptocurrencies at Money Observer and for three years to July 2020 was the cryptocurrency analyst at the UK's No. 2 investment platform Interactive Investor. In that role he provided expert commentary to a diverse number of newspapers, and other media outlets, including the Daily Telegraph, Evening Standard and the Sun. Gary has also written widely on cryptocurrencies for various industry publications, such as Coin Desk and The FinTech Times, City AM, Ethereum World News, and InsideBitcoins. Gary is the winner of Cryptocurrency Writer of the Year in the 2018 ADVFN International Awards.