Request Network

by Request Network Foundation

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DigixDAO

by Digix

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Request Network

by Request Network Foundation

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DigixDAO

by Digix

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What problem does this service solve?

Request is building a blockchain-based payments network, similar to Paypal, that will allow anyone to request a payment without a third parties or fees.DigixDAO was established by Digix to develop a gold-based payment system on the Ethereum blockchain.

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Company Description

The Request Network is developing a decentralized payment network. Their goal is to enable easily implemented payment requests on the blockchain. The company wants to create a network that will have many of the invoicing and auditing functionalities of Paypal, and will allow anyone, anywhere to request a payment. Request wants to leverage the ability of blockchain to eliminate third parties in online payments. Their network is meant to be compatible with other systems and to allow a large degree of integration and compliance across platforms and countries.

DigixDAO is the decentralized autonomous organization being developed by Digix. The same company that issued the DGX token, enabling physical gold to be held as a digital asset. DGD is the DigixDAO token. It allows holders to participate in making decisions about how to grow the Digix Global Payment System.
Some have described the DigixDAO token issuance as the first ever crowd sale on the Ethereum Blockchain. DGD holders are rewarded for voting with incentives tied to the DGX coin. These two tokens have a symbiotic relationship that is meant to aid int he creation of a digital gold marketplace and payment system.

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