GAS

by NEO

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Quantum Resistant Ledger

by QRL Foundation

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Telcoin

by Telcoin Pte Ltd

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GAS

by NEO

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Quantum Resistant Ledger

by QRL Foundation

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Telcoin

by Telcoin Pte Ltd

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What problem does this service solve?

GAS is used to pay for transactions on the NEO network.Quantum Resistant Ledger uses advanced cryptographic methods to create a more secure blockchain for large scale businesses.Telcoin wants to create a blockchain-based payment system operated by telecom providers.

Token Stats

Company Description

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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Quantum Resistant Ledger is developing an enterprise blockchain platform that is designed to be secure against an attack from quantum computers. The Quantum Resistant Ledger (QRL) implements a more secure type of cryptographic signatures call XMSS. The network has a Proof of Stake consensus mechanism.

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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