The role of technology in business triggered a marvelous development in the trade and commerce. Business concepts and models were revolutionized as a result of the introduction of technology. The business technology (BT) is the ever-increasing reliance on information technology for businesses of all types to handle and optimize their business process. The Blockchain technology with the highest utility cases, programmers and the dApp structure that are going to be the best scalable projects, and will take over the layer from the pioneer in crypto-space (BTC), as the heir counterpart of Blockchain innovation.

EOS has been stimulated driven by the hype built up the largest ICO this year till date. EOS promises to be a next-gen cryptocurrency offering sub-second latency, meaning it can match and beat the transaction capacity of networks like Visa. By offering block times of 500ms, transactions are made at outstanding speeds comparable with high-speed cryptocurrencies such as NANO (NANO) and Ripple (XRP).

Whereas Ethereum currently has a block time of 10-20 seconds. This is thirty times slower than EOS. It also manages 15 transactions per second (TPS), nowhere near enough to be used by gaming platforms.

Expectations are high but will it rise to meet them? Questions have been raised over its mainnet launch struggles and subsequent hesitations. In this article, we’ll look at whether or not it will meet its potential and how it stands as a viable competitor to Ethereum.

It would be hard to argue that in 2018, that’s not Ethereum. Its spawned countless ICOs, and has the most developers by far globally working on it. As of October 2017, according to CNBC, it had at least 35,000 developers.

With the U.S. Securities and Exchange Commission (SEC) declaring that Ether is not a security, the largest obstacle to Ether futures appearing on CBOE Futures Exchange (CFE) and Chicago Mercantile Exchange (CME) seems to have been removed.

While we already stated in our recent post that ETH price was bouncing on the news that William Hinman Director, Division of Corporation Finance at SEC, emphasized during his speech that Ether, the native cryptocurrency of the Ethereum network, and Bitcoin, are not securities as they do not benefit a single organization or a company, he clarified this at the Yahoo Finance All Markets Summit.

Hinman also conversed the initial coin offering (ICO) of Ethereum in 2014, which ran investors to grow into be anxious about the regulatory matter of Ether, and noted that despite the token sale of Ether, its decentralized structure and the current state of the Ethereum network eliminate the possibility of categorizing Ether as a security.

Blockchain may not be regarded as the prospective business quite like artificial intelligence and the cloud are, however, it’s undoubtedly flattering a vital protocol with added ROI and obvious benefits. As per a leading European bank, Blockchain has the potential to reduce the banking industries operational and infrastructure costs by USD 15–20 billion per annum. When this is cost-effective, then the new invention certainly will have attractive Return On Investments (ROI).

In the concepts of open-source projects and decentralization, developers are attracted to the dynamic innovation of the space. Even Wall Street is foreseeing migration of financial flair teaming up with software engineering to begin with new prosperous projects.

FxWirePro launches Absolute Return Managed Program. For more details, visit:

http://www.fxwirepro.com/invest