Stabila is a cryptocurrency that helps people manage their finances and make money. It is based in St Vincent and The Grenadines and uses a voting system for governors to keep the network running. The ICO raised $7 million. So, how is stabila cryptocurrency different? Financial systems are often ruled by middle-men with companies such as Amazon, Facebook, and Google own and control all the data that we generate. That's made those companies-in-the-middle very wealthy and the rest of us not only out-of-pocket but unsure how and what our data is being used for. This is a problem Stabila wants solved. It is determined to return power to the people and to open up financial access for all.
 
What is Stabila?
 
Stabila is a blockchain decentralized for financial ecosystem. Stabila, like Ethereum, has its own smart contract, DApps, and a wallet. Stabila, however, is not as plentiful as Bitcoin and has ambitions to develop more sophisticated services, such a trading platform and marketplace.
 
Did you know?
 
Stabila has a total supply of 30,000,000 and a supply in circulation of 20,000,000. This equates to 10,000,000 STB for miners. Stabila STB is a store of value and a reserve cryptocurrency that can be used by the people.
 
What is so special about it?
 
Stabila's mission? "Heal the Blockchain". It believes that it can accomplish this by using four key features. Digital assets: Create an ecosystem that allows users to buy, sell and own tokenized assets. (about Stabila token) Companies go public: This is a way for companies to raise money and distribute digital assets. Smart contracts are not enough: You must create infrastructure that allows for more complex assets, such as commodities and securities.
 
How is Stabila made?
 
Block Reward (also known as Governor Reward) is a reward that the 21 highest-ranking Executives (Gs), who are elected, will share 2,330,657 STB over the first year.
 
What is the working principle of Stabila?
 
The heart of Stabila is a consensus protocol called delegated proofof stake, or DPOS. There are 21 Governors on the Stabila network and 71 Executives. 
 
Did you know?
 
You must raise your Executive rank to become a Governor of Stabila. The rank is determined by minimal downtime and high web stats. What can you do for Stabila? Stabila is a cryptocurrency similar to Bitcoin and more of a unit for value. It wants STB to be able allow digital assets to be exchanged without the need for a middleman. The STB coin of Stabila acts as a ledger and keeps track of exchanges on the network. It eventually becomes a store-of-value and a reserve currency.
 
The future
 
Stabila is gaining momentum through global partnerships. Stabila's ambitions are not limited to Stabila. EOS and Cardano, smart contract platforms, also aim to create similar ecosystems. It is open to debate who will be the first. It is more likely that multiple platforms will coexist with each other. This would be a win-win situation for everyone.