Ripple vs TransferCoin vs Plus-Coin
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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. | TransferCoin does not appear to have any significant benefits over other digital currencies. | Not provided by vendor |
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. | TransferCoin is a digital currency with a hybrid PoW and PoS consensus mechanism. TransferCoin uses the X11 encryption algorithm and has a relatively fast block time. | Plus-Coin Mobile App marketing Platform PlusCoin has been developed to connect cryptocurrency and the real economy. |
