Ripple vs OKCash vs WhiteCoin
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. | OKCash aims to be a user friendly digital asset focused on micro-payments. | WhiteCoin's currency platform does not appear to provide specific technical advantages or project goals that will solve any problems. |
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. | OKCash is a Proof of Stake cryptocurrency that was released under the MIT licence. | WhiteCoin is a cryptocurrency protocol with a Proof-of-Stake (PoS) consensus mechanism. WhiteCoin's (XWC) marketing materials place an emphasis on security and stability, but do not present details regarding their specific technical advantages or project goals. |