Ripple vs Wixlar vs PAC Coin
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. | Wixlar aims to be an all-in-one ecosystem for a variety of decentralized services. | PAC Coin's goal is to create a decentralized payment network with a strong focus on community governance. |
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. | Wixlar is an Ethereum based token that powers a variety of financial services within the Wixlar ecosystem. The Wixlar token is designed to be the medium of exchange in a network that will offer crypto debit cards, cloud storage, credit services, e-commerce, smart contracts, and other services. | PAC coin, short for People’s Alternative Choice, is a cryptocurrency with a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism. PAC Coin aims to encourage cryptocurrency adoption by improving usability and community governance. The network will rely on a system of masternodes to help verify transactions. |