NEM vs Telcoin vs PAC Coin
What problem does this service solve?
NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | Telcoin wants to create a blockchain-based payment system operated by telecom providers. | PAC Coin's goal is to create a decentralized payment network with a strong focus on community governance. |
Token Stats
Company Description
NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | 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. | PAC coin, short for People’s Alternative Choice, is a cryptocurrency with a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism. PAC Coin aims to encourage cryptocurrency adoption by improving usability and community governance. The network will rely on a system of masternodes to help verify transactions. |