TransferCoin

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Unobtanium

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Digix

by Digix

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TransferCoin

by TransferCoin

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Unobtanium

by Unobtanium

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Digix

by Digix

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What problem does this service solve?

TransferCoin does not appear to have any significant benefits over other digital currencies.Unobtanium is designed to be a commodity coin that will be a long term store of value.Digix wants to create a digital token will less price volatility. By tokenizing gold on the Ethereum blockchain, they hope to create a digital asset with stable value.

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Company Description

TransferCoin is a digital currency with a hybrid PoW and PoS consensus mechanism. TransferCoin uses the X11 encryption algorithm and has a relatively fast block time.

Unobtanium is a Proof-of-Work (PoW) cryptocurrency that uses the SHA-256 hashing algorithm. It was designed to serve as a commodity and store of wealth that would be less vulnerable to price fluctuations. The coin's supply is limited to counter inflation, and UNO coins were distributed in a manner that would discourage centralization. UNO can be merge-mined with Bitcoin.

Digix is digital gold on the blockchain. By combining the historical stability of a valuable physical asset with the advantages of a distributed ledger, Digix allows users to benefit from the advantages of both commodities and digital tokens.
Digix has an innovative Proof of Asset (PoA) protocol that allows it it tokenize a physical asset. The PoA protocol tracks an asset through its chain of custody, and enables anyone to verify its existence without an intermediary. Since every DGX = 1 Gram of gold, their platform can be used as a secure and transparent digital marketplace for gold.
Digix is also behind DigixDAO, a platform that allows users to contribute to building a blockchain-based digital gold payment system. They hope to create a decentralized autonomous organization (DAO) that will participate in creating this platform. Instead of issuing shares, the organization will be run by DigixDAO token holders.

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