What problem does this service solve?

DigiByte is focused on enabling faster and more secure blockchain transactions.Alibaba Coin's goal is to use facial recognition technology to make cryptocurrency payment authentication easier.

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Company Description

DigiByte is a a blockchain platform that places an emphasis on security and block speed. DigiByte has one of the fastest block speeds of any public blockchain and uses an innovative consensus protocol with 5 mining algorithms. This prevents mining centralization and also minimizes the chances of security breaches. DigiByte transactions are limited in size and scope to increase speed, efficiency, and throughput.
DigiByte hopes that these innovations will provide the ideal blockchain infrastructure for a range of applications within the IoT and AI fields, that require a high degree of security and fast block speeds.

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.

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