Bytecent vs RSK vs LTO Network
What problem does this service solve?
Bytecent allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent. | RSK aims to improve the functionality and scale of the Bitcoin network. | LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows. |
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. | RSK is an open source smart contract platform that is secured by the Bitcoin network. RSK is designed to add value and increase the functionality of the Bitcoin ecosystem by providing smart contracts that are compatible with the network's code and can be written in Solidity. RSK smart contracts are powered by the SmartBitcoin (RBTC) which is linked to Bitcoin. (1 RBTC=1 BTC) | The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains. |