Currencies

Stratis (STRAT)

Dec 26, 2017 Admin Currencies

Overview:

Stratis is a Blockchain Development Platform that has flexibility and strength purposed to address the needs of real-world financial services, businesses, and other organizations that desires to access the benefits of Blockchain technologies. Stratis is a Blockchain-as-a-service (BaaS) Platform, created to provide solutions for corporations in the financial sector that want to enjoy the benefits of Blockchain technology, which could be used as a turnkey solution that would enable developers and businesses to develop, test and deploy blockchain-based applications with speed and ease, without the costs and security concerns that would otherwise arise from an in-house implementation.

Stratis allows the creation of distinct, private blockchains, which can be launched by third party organizations which can customize them to their needs. These blockchain...


Ripple (XRP)

Dec 26, 2017 Admin Currencies

Overview:

Ripple is a global settlement network, which makes it easy to transfer nearly to any currency to anyone in the world in just seconds. It uses a special type of decentralized digital currency, XRP, which provides a platform for making exchanges. It does not function to swap goods and services with currency, rather it is a medium for converting one currency to another, and it does not need a central exchange for this conversion. During its release in 2012, it was stated that Ripple claims to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.”

Ripplepay, Ripple's payment protocol predecessor, was first developed in 2004 by a web developer named Ruan Fugger in Vancouver, British Columbia. After working on a local exchange trading system, Fugger thought of an idea having the intent to create a moneta...


Potcoin

Dec 26, 2017 Admin Currencies

Overview:

PotCoin is another peer-to-peer digital currency, based on the open source software that was released under the MIT/X11 license. Although it shares some technical similarities with Litecoin, its main aim is to become the standardized means of payments for industries that are authorized to legally produce cannabis.

This digital currency is decentralized, that is, not managed by any central authority or agency. It was created in January 21, 2014 by Joel Yaffe and Nick Iversen and another anonymous third entrepreneur, all hailing from Montreal, Canada. Their goal is to create a platform for legal cannabis industries worldwide, and that was why the cryptocurrency was launched at exactly 4:20 p.m. (a number associated with cannabis consumption, i.e. 420).

PotCoin was designed to empower, secure, and facilitate the Cannabis community; medicinal and recre...


NEM (XEM)

Dec 26, 2017 Admin Currencies

NEM (New Economy Movement)

Overview:

NEM is a special peer-to-peer digital currency written in Java and JavaScript, and was launched along with its blockchain in March 31, 2015. It was created with the aim that in time, it will gain an unprecedented global acceptance because of its special features. It was created by someone known as UtopianFuture, a former Bitcoin Talk Forum user.

NEM is primarily a financial blockchain solution which can be used for payment, clearing and settlement in a fully controlled and private environment. It has creative applications like Apostille, which is a solution for notarizing documents, updating them, and changing their ownership. NEM also exists as a private chain which is called "Mijin", which is being tested for blockchain capabilities by more than 140 institutions in Japan, including Hitachi.

The main inspirat...


Monero (XMR)

Dec 26, 2017 Admin Currencies

Overview:

Monero (XMR) is an open-source digital currency launched in 2014 which focuses on three major things: privacy, decentralization and scalability. Unlike many cryptocurrencies that are derivatives of Bitcoin, Monero is based on the CryptoNote protocol and it has different algorithmic differences relating to blockchain obfuscation.

Monero was launched originally under the name BitMonero, which is a compound of Bit (as in Bitcoin) and Monero (literally meaning "coin" in Esperanto). Five days later, the community opted for the name to be shortened just to Monero. It was launched as the first fork of CryptoNote-based currency Bytecoin. In addition, the Monero developers found numerous incidents of poor quality code that were subsequently cleaned and reconstituted

Monero is powered strictly...


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