I/O Coin vs ZCoin vs Ripple
What problem does this service solve?
I/O Coin's blockchain is designed to enable users to communicate and transact with more privacy and efficiency. | ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity. | Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments. |
Token Stats
Company Description
I/O Coin is a Proof of Stake blockchain platform that aims to provide a variety of decentralized services. Including: payments, encrypted document storage, messaging, and offline transfers. The network is powered by the IOC coin. | ZCoin is a privacy focused cryptocurrency built on Ethereum. The ZCoin protocol enables anonymous transactions with cryptography that utilizes Zero-Knowledge Proofs (ZKP). ZCoin increases privacy on their network by using a coin-mixer contract that wraps transactions in a serial number and destroying wrapped coins once they have been redeemed. | Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost. |