Spendcoin

by Spend Foundation

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Vertcoin

by Vertcoin

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Ripple

by Ripple Labs

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Spendcoin

by Spend Foundation

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Vertcoin

by Vertcoin

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Ripple

by Ripple Labs

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What problem does this service solve?

Spendcoin is a cryptocurrency aimed at encouraging adoption of decentralized financial and educational platforms.Vertcoin emphasizes decentralization with an ASIC resistant consensus algorithm.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

Spendcoin is an open-sourced cryptocurrency designed for the Cross Ledger Ecosystem, which includes the Spend App and the Blockchain University. The project is run by the Spend Foundation. Their network is currently powered by the Ethereum-based SPND token. Users receive tokens for performing tasks in the Spen ecosystem.

Vertcoin is a cryptocurrency with a strong emphasis on keeping the ecosystem as decentralized as possible. Vertcoin was designed with the goal of being easily mined by all users and to resist the centralizing tendency of specialized mining operations. Vertcoin has a Proof-of-Work (PoW) consensus mechanism that is ASIC resistant, and uses the Lyra2RE mining algorithm.

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.

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