Ripple vs Sharechain vs QChi
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. | Sharechain does not appear to provide any significant benefits. | Qchi does not appear to solve any problems that are not being addressed by other projects. |
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. | Sharechain is developing a Proof-of-Work cryptocurrency platform. Their network is currently fueled by the Ethereum-based SSS token. Their marketing materials are unclear and do not offer any information about its advantages. | QChi is an Ethereum-based token with no clear benefits. Their marketing materials do not provide any specific information about their roadmap or what advantages it offers compared to other cryptocurrencies. |