Sphere

by Sphere

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Telcoin

by Telcoin Pte Ltd

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Vitae

by Vitae

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Sphere

by Sphere

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Telcoin

by Telcoin Pte Ltd

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Vitae

by Vitae

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What problem does this service solve?

Sphere's goal is to create a digital currency with a fair distribution model.Telcoin wants to create a blockchain-based payment system operated by telecom providers.Vitae does not appear to solve any problems or provide any technical advantages, compared to other projects.

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Company Description

Sphere is a smart contract platform and peer-to-peer payment network. The network has a hybrid PoW and PoS consensus mechanism and is powered by the native SPHR token, which can be swapped for an ERC20 token over the Ubiq smart contract platform.

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.

Vitae is a Proof-of-Stake (PoS) blockchain platform that is a fork of PIVx. It is based on Blackcoin's PoS protocol. The company's marketing materials claim that its focus will be on facilitating social rewards and global prosperity, but they do not provide any specifics about what will distinguish them from other networks. It is powered by the VITAE coin.

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