Bytecent vs Asch vs IOST
What problem does this service solve?
Bytecent allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent. | Asch's goal is to enable developers to create DApps for multiple blockchains. | The Internet of Services Token is focused on improving overall blockchain speed and performance. |
Token Stats
Company Description
Bytecent is developing a decentralized rewards network powered by blockchain. Bytecent allows merchants to create customer loyalty programs that are cross-site and cross-platform compatible. Consumers are not restricted to using their rewards with just one merchant, and can redeem them anywhere Bytecent is accepted. In addition to secure transactions and portability, Bytecent never expire and there are no limitations on how many Bytecent you can accumulate or spend. BYC can be converted to Bitcoin, cash, and gift cards. Bytecent uses a variation of Proof-of-Work (PoW) for consensus that requires miners to manually attend to their computers and is called Proof-of-Miner (PoM). It's designed to prevent the use of advanced and autonomous mining hardware. Avanquest Software, a leading developer of consumer software, has implemented Bytecent for their rewards program. | Asch is developing a commercial blockchain ecosystem with multiple blockchains. The company is creating several SDK's and API's that will help developers build DApps that are based on JavaScript and customized sidechain architectures. The Asch network has a DPoS consensus mechanism that incorporates elements of PBFT for enhanced security. | IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior. |