Good News for Stellar lovers that XLM strategic partners, IBM has been awarded a contract by the Aussie government worth $750 million. It will create foundation for Australia to an e-government using the blockchain technology. Stellar based on same blockchain technology which Bitcoin uses like advanced speed and resolving transactions within few seconds make it better than other. This project brings Australia country rank among the top three e-governments not only to implement blockchain but AI and quantum computing as well.
XLM-IBM Partnership Objective
Also Australian government plan to use blockchain technology to deliver social security welfare to the people of Australia. Impact of this partnership also bring XLM trading in green color gaining 1.32% to the dollar and 0.86% to BTC to trade at $0.205928.
Stellar network adds value to the banking industry & Stellar is working with Keybase, a free security app for mobile phones and computers, to boost cross-border transactions. This partnership with IBM & Aussie Government will provide global outlook for Stellar.
More will be about XLM will discussed in separate post in near future.