Stellar is a platform that connects banks, payment systems, and people. Integrate to move money quickly, reliably, and at almost no cost. Stellar is an open-source protocol for value exchange.
The Stellar protocol is supported by a nonprofit, the Stellar Development. Stellar is an open-source protocol for exchanging money.
Servers run a software implementation of the protocol, and use the Internet to connect to and communicate with other Stellar servers, forming a global value exchange network. Each server stores a record of all “accounts” on the network. These records are stored in a database called the “ledger”. Servers propose changes to the ledger by proposing “transactions”, which move accounts from one state to another by spending the account’s balance or changing a property of the account.
Stellar Future Of Banking
Remittances Send money across borders quickly, for a fraction of a cent. Facilitate low-cost payments between different currencies.
Mobile Branches Get an agency banking advantage with mobile branches. Expand your retail operation, without the overhead costs.
Mobile Money Make mobile money platforms interoperable. Let your customers send MM to recipients with different providers.
Micropayments Increase efficiency and decrease the cost of smaller transfers. Offer incremental payment options to your customers.
Services for the underbanked Stellar cuts costs so you can bank new customers. Reach the base of the pyramid with low-cost accounts, loans, and microsavings.