PRIZM

by PRIZM

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SIBCoin

by Sibcoin Foundation

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Telcoin

by Telcoin Pte Ltd

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PRIZM

by PRIZM

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SIBCoin

by Sibcoin Foundation

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Telcoin

by Telcoin Pte Ltd

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What problem does this service solve?

PRIZM is a Russian cryptocurrency project that uses a variation of PoS to drive network participation by users.SIBcoin aims to encourage cryptocurrency adoption in Russia and Eastern Europe.Telcoin wants to create a blockchain-based payment system operated by telecom providers.

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Company Description

PRIZM is an open-source cryptocurrency based on the NEXT core. The PRIZM architecture is built in JAVA. It has a Proof-of-Stake (PoS) consensus mechanism that varies slightly from other PoS algorithms. It is designed to be more resistant to attacks against the network. PRIZM has developed the concept of paramining, which helps the network achieve consensus and encourages community participation.

SIBCoin is a Proof-of-Work coin that was originally based on the same code as the Dash blockchain. SIBcoin was developed by a team of cryptocurrency enthusiasts in Siberia and it has gained a significant following in Russia.

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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