What problem does this service solve?

ZCash allows users to make transactions anonymously.DAPS wants to create a privacy-focused blockchain that will improve transaction times and security.

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Company Description

ZCash is a privacy focused cryptocurrency protocol that enables users to make transactions anonymously. Users to hide the sender, receiver, and amount of every transaction. ZCash has several high profile advisers and investors, including: Roger Ver, Gavin Andresen, and Vitalik Buterin.
ZCash has a fixed supply of 21 million coins; 20% of which will be allocated as a founders reward that is split between investors and developers. This founders reward has been the subject of controversy and has led to a fork of the ZCash protocol.

DAPS, which stands for Decentralized, Anonymous, Payment, System, is developing a privacy focused cryptocurrency. It is currently an Ethereum-based token, but they are planning on releasing their own blockchain to host the project. DAPS uses the Harpocrates protocol to allow users to send and receive DAPS tokens anonymously. DAPS was previously associated with PeepCoin project, but a disagreement between the developers of the project, ended plans for an airswap of the two privacy focused cryptocurrency projects.

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