PLATINCOIN

by Platin Genesis DMCC.

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Ripple

by Ripple Labs

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Unobtanium

by Unobtanium

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PLATINCOIN

by Platin Genesis DMCC.

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Ripple

by Ripple Labs

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Unobtanium

by Unobtanium

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What problem does this service solve?

PLATINCOIN creates a Proof-of-Stake consensus mechanism with a long term commitment from network participants to contribute to managing the network.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.Unobtanium is designed to be a commodity coin that will be a long term store of value.

Token Stats

Company Description

PLATINCOIN is a Proof-of-Stake coin that is minted instead of mined. Users participate in managing the network by renting hardware space from the project organizers for a period of 36 months. These computing resources will drive the PoS consensus, and the users that rent the hardware will be rewarded with newly minted PLC coins.

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.

Unobtanium is a Proof-of-Work (PoW) cryptocurrency that uses the SHA-256 hashing algorithm. It was designed to serve as a commodity and store of wealth that would be less vulnerable to price fluctuations. The coin's supply is limited to counter inflation, and UNO coins were distributed in a manner that would discourage centralization. UNO can be merge-mined with Bitcoin.

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