Telcoin vs ZCoin vs Connect Coin
What problem does this service solve?
Telcoin wants to create a blockchain-based payment system operated by telecom providers. | ZCoin is a privacy focused cryptocurrency with an innovative mechanism to increase anonymity. | Connect Coin is designed to be used as a payment method for e-commerce . |
Token Stats
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. | ZCoin is a privacy focused cryptocurrency built on Ethereum. The ZCoin protocol enables anonymous transactions with cryptography that utilizes Zero-Knowledge Proofs (ZKP). ZCoin increases privacy on their network by using a coin-mixer contract that wraps transactions in a serial number and destroying wrapped coins once they have been redeemed. | Connect Coin is an Ethereum based token that was created by a company in Tanzania called Cryptocurrency International. Their focus is on serving as an alternative payment method for e-commerce. They are also developing crypto debit cards called Connect Cards. |