Ripple

by Ripple Labs

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Nasdacoin

by Nasdacoin

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BOMB

by BOMB

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Ripple

by Ripple Labs

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Nasdacoin

by Nasdacoin

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BOMB

by BOMB

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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.Nasdacoin wants to develop an ecosystem based on the NSD coin.BOMB's goal is to be a decentralized hedge against traditional inflationary currencies.

Token Stats

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.

Nasdacoin is developing a blockchain with a hybrid consensus mechanism that combines elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS). Nasdacoin uses the Scrypt hashing algorithm and is powered by the NSD coin. The company plans on developing a comprehensive ecosystem with a native exchange, wallet, App, and marketplace. They also plan on allowing Nasdacoin holders to transfer their NSD balance to a Visa card that can be used anywhere.

BOMB is an Ethereum based token that is designed to be a deflationary cryptocurrency self-destructing currency. The project is meant to be a social experiment and financial case study to determine the feasibility of a deflationary currency. There were originally 1,000,000 BOMB in circulation, and 1% of each transaction is destroyed.

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