What problem does this service solve?

BEAM aims to create a blockchain platform that will provide complete transaction confidentiality and can also be audited to ensure regulatory compliance.Grin's goal is to use the MimbleWimble protocol and the properties of Elliptic Curve Cryptography (ECC) to enable anonymous transactions.

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Company Description

Beam is developing a confidential cryptocurrency that uses the Mimblewimble protocol. It will have a Proof-of-Work (PoW) consensus mechanism, and will enable private transactions that can be audited for compliance purposes.

Grin Coin is a community driven blockchain project that aims to create a lightweight mimblewimble blockchain that will enable anonymous transactions. Grin has a Proof-of-Work consensus mechanism. Transactions are executed while hiding addresses and amounts.

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