Electroneum vs LITEX vs Mazalit
What problem does this service solve?
Electroneum is launching a payment system for developing countries. The mobile app, which already has over one million registered users, gives users a small amount of their native token to increase liquidity and adoption. | LiteX aims to create the technology layer that will enable off-chain micro-payments. | Mazalit is a payment platform that allows instant mobile payments, escrow services, and other billing services within the jewelry industry. |
Token Stats
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Company Description
Electroneum is creating a payment system for developing countries. Their platform is designed for mass adoption and uses a mining protocol that encourages daily use. Electroneum's mobile app will provide a digital payment solution that can be more easily used for transactions in these countries. The platform has a unique mobile mining protocol that gives a small amount of their native token (ETN) to users every day. This is meant to drive user adoption and provide greater liquidity to the network. | LITEX is developing a layer 2 technology that will facilitate decentralized payments that can be handled off chain. The LITEX network is currently powered by the Ethereum-based LXT token. | Mazalit is developing a B2B payment platform for the diamond and jewelry industry. They hope to integrate blockchain technology to enable instant mobile payment, escrow services, and credit services. Their goal is to provide a payment service that will reduce risk and costs for the industry, while also increasing transparency, security and legitimacy with regulators. |