NavCoin

by NavCoin

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Ripple

by Ripple Labs

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Ravencoin

by Ravencoin

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NavCoin

by NavCoin

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Ripple

by Ripple Labs

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Ravencoin

by Ravencoin

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What problem does this service solve?

NavaCoin aims to create a digital currency that will be private, cheap, eco-friendly, and fast.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.Ravencoin wants to create a blockchain that will improve the tracking of digital asset ownership.

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Company Description

NavCoin is a community-driven digital currency built on an open-source,Proof-of-Stake (PoS) blockchain. The project has an active development community, and places a strong emphasis on their user governance. NavCoin is developing a feature for its PoS consensus mechanism that will allow for cold staking. Users will be able to stake their coins while keeping them offline.

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.

Ravencoin is a blockchain created by the owner of Overstock.com. It is a use case specific blockchain for the declaration of ownership of digital assets. Ravecoin is a fork of Bitcoin, and was originally funded by Medici Ventures, a blockchain investment fund owned by Overstock.com.
Ravencoin's name is inspired by the use of Ravens in sending messages, and its blockchain is designed to carry statements of truth about who owns what asset. The developers created a new consensus algorithm called x16r to solve the problems of centralized ASIC mining. The algorithm is unique in that it consists of 16 different hashing algorithms whose order are randomly changed.

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