Telcoin

by Telcoin Pte Ltd

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Bitcoiin

by Bitcoiin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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Telcoin

by Telcoin Pte Ltd

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Bitcoiin

by Bitcoiin

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Bitcoin Diamond

by Bitcoin Diamond Foundation

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What problem does this service solve?

Telcoin wants to create a blockchain-based payment system operated by telecom providers.Bitcoiins goal is to create a decentralized currency with faster transactions times and lower fees.Bitcoin Diamond aims to increase transaction speeds.

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Company Description

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.

Bitcoiin is a cryptocurrency that was created to address some of the issues that have plagued the original Bitcoin ecosystem. It's Proof-of-Work (PoW) consensus mechanism is designed to decrease transactions times and fees, as well as make mining rewards easier to earn.

Bitcoin Diamond is a hardfork of Bitcoin that was created in 2017. Although the network's code preserves much of Bitcoin's original features, it aims to improve transaction speeds by implementing the Lightning network and increasing the storage capabilities of each block. The Lightning Network is a second layer payment protocol that works on the Bitcoin blockchain and is designed to place a large portion of the transaction data outside of the blockchain.

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