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Created with Highcharts 11.4.824H7D1M1YAll

Source: CoinMarketCap

Use Cases
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Peer-to-peer payments and remittances, enabling fast and low-cost money transfers globally
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Tokenisation of assets such as real estate, stocks, or commodities, offering fractional ownership and trading
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Decentralised Finance (DeFi) platforms leveraging Zilliqa's high throughput for lending, borrowing, and yield farming
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In-game currencies and assets for online gaming environments, using ZILs for trade and rewards
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Microtransactions and pay-per-use models, given Zilliqa's scalability for handling high transaction volumes
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Enterprise solutions for supply chain tracking, providing an immutable record of goods and transactions
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Secure and scalable infrastructure for Decentralised Applications (dApps), especially those requiring high computation
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Machine learning and AI algorithms that can run on the blockchain due to Zilliqa's computational sharding capabilities.
Our Analysis


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About the coin
Zilliqa (ZIL) is a high-throughput public blockchain platform designed to scale to thousands of transactions per second. It introduces the concept of sharding to allow for linear scaling as the blockchain grows in size. Each shard operates as a consensus group, processing transactions in parallel, thus increasing the overall capacity of the network. Launched in 2017, Zilliqa also features a unique smart contract language called Scilla, which is secure and facilitates formal verification. The network utilises a hybrid consensus mechanism combining proof of work and Byzantine fault tolerance. Its native cryptocurrency, Zillings or ZILs, is used to execute smart contracts and pay for transactions on the network.
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1 = $0.01092034
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