What problem does this service solve?

Cashberry's goal is to create a faster and more efficient blockchain platform.Telcoin wants to create a blockchain-based payment system operated by telecom providers.

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Company Description

Cashbery Coin's blockchain platform has a focus on enabling high-speed transactions with low fees. Cashbery's consensus mechanism combines elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS).

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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