What problem does this service solve?

BitKan's community token is designed to allow the site's cryptocurrency enthusiasts to cooperate.Ravencoin wants to create a blockchain that will improve the tracking of digital asset ownership.

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Company Description

BitKan is a Chinese cryptocurrency site and trading platform with a strong following. Their Ethereum-based KAN token facilitates community cooperation among the site's followers.

Ravencoin is a blockchain created by the owner of Overstock.com. It is a use case specific blockchain for the declaration of ownership of digital assets. Ravecoin is a fork of Bitcoin, and was originally funded by Medici Ventures, a blockchain investment fund owned by Overstock.com.
Ravencoin's name is inspired by the use of Ravens in sending messages, and its blockchain is designed to carry statements of truth about who owns what asset. The developers created a new consensus algorithm called x16r to solve the problems of centralized ASIC mining. The algorithm is unique in that it consists of 16 different hashing algorithms whose order are randomly changed.

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