Alibaba Coin

by Alibabacoin Foundation

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Spendcoin

by Spend Foundation

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BurstCoin

by Burst

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Alibaba Coin

by Alibabacoin Foundation

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Spendcoin

by Spend Foundation

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BurstCoin

by Burst

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What problem does this service solve?

Alibaba Coin's goal is to use facial recognition technology to make cryptocurrency payment authentication easier.Spendcoin is a cryptocurrency aimed at encouraging adoption of decentralized financial and educational platforms.Burst's unique Tangle-based architecture is designed to improve exchanges of value.

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Company Description

Alibaba Coin is a digital currency that plans to implement blockchain-based facial recognition technology that will allow users to make transactions by showing their faces to a merchant's camera. Alibaba Coin was created by a company in Dubai, and has no relation to the Chinese online retail giant.

Spendcoin is an open-sourced cryptocurrency designed for the Cross Ledger Ecosystem, which includes the Spend App and the Blockchain University. The project is run by the Spend Foundation. Their network is currently powered by the Ethereum-based SPND token. Users receive tokens for performing tasks in the Spen ecosystem.

BurstCoin is a cryptocurrency with a Proof-of-Capacity (PoC) consensus algorithm. Unlike most other cryptocurrencies, Burst's architecture uses a Tangle (similar to IOTA) instead of relying on a blockchain. It also utilizes ring signatures and other features, in what is called the Dymaxion. The Dymaxion implements layers of tangle-based lightning networks on top of the Burst blockchain. Each of these payment channels is opened in the form of a standalone colored tangle. Burst is also developing atomic cross-chain transactions (ACCT), that will allow for full decentralized trading between two cryptocurrencies.

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