Bitcoin Interest

by Bitcoin Interest

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Apollo

by Apollo Foundation

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Telcoin

by Telcoin Pte Ltd

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Bitcoin Interest

by Bitcoin Interest

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Apollo

by Apollo Foundation

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Telcoin

by Telcoin Pte Ltd

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What problem does this service solve?

Bitcoin Interest aims to reduce price volatility in cryptocurrency markets by paying BCI holders weekly and monthly interest.Apollo aims to integrate a variety of decentralized services in one comprehensive blockchain-based platform.Telcoin wants to create a blockchain-based payment system operated by telecom providers.

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Company Description

Bitcoin Interest is a fork of the Bitcoin protocol that pays coin holders interest. Bitcoin Interest (BCI) allows users to securely earn interest payments without ever moving coins from their wallets. Bitcoin Interest's developers believe that paying interest, weekly or monthly, on inactive crypto-funds can benefit the entire cryptocurrency market by reducing volatility.
Bitcoin Interest (BCI) is the first cryptocurrency protocol to use the ProgPoW consensus algorithm. ProgPoW is a Proof-of-Work algorithm designed to reduce the centralizing tendencies of ASIC mining by making it easier for standard GPU devices to participate in the mining process.

Apollo is developing an all-in-one cryptocurrency platform, based on the APL coin. Apollo was created as a fork of NXT, and has a very ambitious plan to integrate a variety of services under one platform, with a strong focus on privacy. Apollo's blockchain is called Hermes and has a Proof-of-Stake consensus mechanism. Some of the features that Apollo's marketing materials claim they are working on are: private transactions with IP masking, smart contracts, encrypted messaging, file sharing, a decentralized marketplace, voting system for governance, decentralized data storage, and a wallet with a built in exchange. John McAfee, a notable blockchain enthusiast and antivirus pioneer, joined the project in October 2018.

Telcoin is an Ethereum-based cryptocurrency that will be distributed by mobile network operators. Telcoin (TEL) plans on working with national telecom operators to distribute their currency. They hope that this distribution model will provide greater financial inclusion to un-banked communities, and will encourage cryptocurrency adoption. This is a similar strategy as MPesa, the mobile payment network created by SafariCom, that uses the telecom's provider's existing infrastructure to allow users to easily make payments with their mobile phones. Telecoin sees their platform as a complement to existing mobile money systems that will help drive cryptocurrency adoption.

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