Top 5 Cryptocurrencies to Invest in August

The people and businesses are really moving very fast with cryptocurrencies and blockchain technologies. Over the last few years BTC/ETH/XRP and other Altcoins have outperformed global financial markets, gold and real estate.

From last year, there are many altcoins entered through ICO markets and most of them are just copy of the original technology that earlier developed.

There are only few crypto's are outlires and these are the top 5 according to my studies will disrupt industries in their field.

5 NEM

NEM is a peer-to-peer cryptocurrency and blockchain platform launched on March 31, 2015. Written in Java, with a C++ version in the works, NEM has a stated goal of a wide distribution model and has introduced new features to blockchain technology such as its proof-of-importance (POI) algorithm, multisignature accounts, encrypted messaging, and an Eigentrust++ reputation system. The NEM blockchain software is used in a commercial blockchain called Mijin, which is being tested by financial institutions and private companies in Japan and internationally.

4 Steem

Steemit is a social news service which runs a blogging and social networking website on top of a blockchain database, known as Steem. The service produces STEEM and Steem Dollars which are tradeable tokens users obtain for posting, discovering, and commenting on interesting content.

3 Neo (Antshare)

NEO, formerly Antshares, is China's first ever open source blockchain. Founded in 2014, NEO’s mission has been to reinvent the way commerce is done. We believe technology drives progress and together we can create the future. Motivated by this, NEO has been created to shift our traditional economy into the new era of the Smart Economy.

2 Lisk

Lisk is a public blockchain platform that provides decentralized blockchain apps. Lisk aims to be the first (successful) of its kind as a modular cryptocurrency. The idea is that every Blockchain App is on its own sidechain, separate from the main blockchain. This should help with scalability issues that many cryptocurrencies were facing, such as bitcoin. The sidechain is secured by a group of 101 master nodes elected by the app's owner, and operate using the same Delegated-proof-of-stake (DPoS) consensus mechanism as the parent Lisk network. The Blockchain Apps are written using NodeJS/JavaScript on the backend and CSS3/HTML5/JavaScript for the frontend.

1 Litecoin

Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network. These effectively allow a greater number of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with Bitcoin. Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.

Disclaimer: This is not an investment advise. Please read the white paper/documents carefully and research before investing in of the crypto's.