Ripple

by Ripple Labs

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Nano

by Nano

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Telcoin

by Telcoin Pte Ltd

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Ripple

by Ripple Labs

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Nano

by Nano

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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.Nano has a unique blockchain structure that enables almost instant transactions with no fees.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.

Nano, formerly known as Railblocks, is a cryptocurrency that is focused on enabling fast transactions with no fees. Nano's innovative blockchain architecture utilizes a block lattice structure that does not need miners to confirm transactions.
Nano uses a Delegated Proof-of-Stake consensus.

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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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