Stellar vs Fiii vs Telcoin
What problem does this service solve?
Stellar is an open-source protocol that uses blockchain technology to enable decentralized, cross-border money transfers with very low fees. | Fiii's blockchain aims to drive widespread adoption of a range of cryptocurrencies. | Telcoin wants to create a blockchain-based payment system operated by telecom providers. |
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Company Description
Stellar is a decentralized protocol for sending and receiving money, in any pair of currencies, directly on the internet. Stellar enables users to transfer money on their network directly, without banks, and without fees. It was originally created by Jed McCaleb, the founder of Mt. Gox and co-founder of Ripple. | Fiii Coin is developing an ecosystem designed to promote the wide spread adoption of a variety of cryptocurrencies. Their payment terminal will be compatible with wide range of cryptocurrencies, and will be comprised of a wallet, exchange, and DApp development plugins. The Fiii blockchain has a Delegated Proof of Capacity (DPoC) consensus mechanism. | 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. |