Telcoin

by Telcoin Pte Ltd

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EveryCoin

by Aaron System Co., Ltd

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NEM

by New Economic Movement

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Telcoin

by Telcoin Pte Ltd

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EveryCoin

by Aaron System Co., Ltd

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NEM

by New Economic Movement

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What problem does this service solve?

Telcoin wants to create a blockchain-based payment system operated by telecom providers.EveryCoin is designed to encourage cryptocurrency adoption within a comprehensive digital payment system.NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry.

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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.

EveryCoin is a digital currency that powers the Aaron Platform. The Aaron Platform is a blockchain-based financial project that is located in Thailand. They are developing a digital payment platform that will consist of an exchange, wallet, and a stablecoin called Tabipay that will complement the functions of EveryCoin.

NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language.
NEM's goal is to achieve widespread distribution through improved scale and speed. It pioneered several blockchain features such as its proof-of-importance (POI) consensus algorithm, encrypted messaging, a unique reputation system, and multi-signature accounts.
NEM is also developing a commercial blocckahin called Mijin, that is currently being tested by several companies and financial institutions.
In early 2018, approximately $400 million worth of XEM were stolen from a Japanese exchange called Coincheck, that was the victim of huge hack. The exchange failed to implement proper security for this coin protocol, and the hackers only stole XEM coins as a result. Instead of creating a fork to deal with this issue, NEM set up an automated tagging system that flagged these funds. NEM then stopped tracking these stolen coins

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