Telcoin

by Telcoin Pte Ltd

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Quantum Resistant Ledger

by QRL Foundation

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Ripple

by Ripple Labs

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Telcoin

by Telcoin Pte Ltd

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Quantum Resistant Ledger

by QRL Foundation

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Ripple

by Ripple Labs

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What problem does this service solve?

Telcoin wants to create a blockchain-based payment system operated by telecom providers.Quantum Resistant Ledger uses advanced cryptographic methods to create a more secure blockchain for large scale businesses.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.

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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.

Quantum Resistant Ledger is developing an enterprise blockchain platform that is designed to be secure against an attack from quantum computers. The Quantum Resistant Ledger (QRL) implements a more secure type of cryptographic signatures call XMSS. The network has a Proof of Stake consensus mechanism.

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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