E-Dinar Coin

by BLOCKCHAIN SECURE CRYPTOCYRRENCY LTD.

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Telcoin

by Telcoin Pte Ltd

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Stellar

by Stellar Development Foundation

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E-Dinar Coin

by BLOCKCHAIN SECURE CRYPTOCYRRENCY LTD.

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Telcoin

by Telcoin Pte Ltd

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Stellar

by Stellar Development Foundation

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What problem does this service solve?

E-Dinar's goal is to create a scalable cryptocurrency that will contribute to energy sustainability.Telcoin wants to create a blockchain-based payment system operated by telecom providers.Stellar is an open-source protocol that uses blockchain technology to enable decentralized, cross-border money transfers with very low fees.

Token Stats

Company Description

E-Dinar Coin is a Delegated Proof-Of-Stake (DPoS) cryptocurrency that is designed to be sustainable and energy efficient. The company behind E-Dinar will invest part of its income in the development of urban projects focusing on clean water and air.

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.

Stellar is a decentralized protocol for sending and receiving money, in any pair of currencies, directly on the internet. Stellar enables users to transfer money on their network directly, without banks, and without fees. It was originally created by Jed McCaleb, the founder of Mt. Gox and co-founder of Ripple.
Stellar has its own native coin called Lumens (XLM). All users must hold a minimum of 20 Lumens in order to ensure their authenticity and to maintain a wider distribution and free flow. Users must spend 0.00001 XLM in order to transfer fiat currencies. This provides the network with more liquidity for less popular currency pairs. Lumens are an inflationary currency with a fixed increase rate of 1% per year.
The network uses the Stellar Lumens Consensus Protocol (SCP). Unlike PoW or PoS consensus mechanisms, SCP relies on a Federated Byzantine Agreement (FBA), in which specific groups of nodes are chosen to arrive at transaction agreement. This provides the Stellar network with more decentralized control.
Lightyear.io, a for-profit entity of Stellar, was launched in 2017 as the commercial arm of the company.

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