Bytecent

by Bytecent

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Nxt

by Ardor Nxt Group

3.5/5

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QLC Chain

by QLC Chain

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Bytecent

by Bytecent

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Nxt

by Ardor Nxt Group

3.5/5

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QLC Chain

by QLC Chain

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What problem does this service solve?

Bytecent allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent.Nxt provides users a modular toolset for DApp development.QLC is building a DApp development platform designed to encourage greater decentralization.

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.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

QLC Chain, formerly known as QLink, is developing a Network-as-a-Service blokchain platform. It will allow them to provide decentralized network services and serve as a DApp development platform. The QLC network is currently built on NEO but will transition to their own blockchain in the future. The QLC Chain will have a hybrid consensus mechanism called Shannon consensus. It will combine elements of delegated Proof-of-Stake (dPoS) with a regulating mechanism that is designed to encourage participation by more nodes.

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