Ripple

by Ripple Labs

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Divi

by Divi Project

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Telcoin

by Telcoin Pte Ltd

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Ripple

by Ripple Labs

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Divi

by Divi Project

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Telcoin

by Telcoin Pte Ltd

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What problem does this service solve?

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.Divi's incentive system encourages network adoption and participation in its governance.Telcoin wants to create a blockchain-based payment system operated by telecom providers.

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Company Description

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.

Divi is a Proof of Stake cryptocurrency with a masternode system designed to encourage network participation. The project is focused on facilitating adoption of cryptocurrencies by creating a system of incentives for both everyday users and those that help run the networks. Divi's masternode system has five layers of participation and awards users for staking their coins. Divi has an innovative lottery block system that randomly pays out lottery prizes in the form of new coins to network users.

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.

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