Cryptocurrency is a digital asset designed to work as a means of exchange. Cryptocurrencies use cryptography to provide their transactions, monitor the creation of additional units and verify the transfer of assets. Cryptocurrencies represent a type of digital currencies, alternative currencies and virtual currencies.
WaBi Project  – a blockchain-based loyalty programme to encourage and reward purchases from theWalimai safe channel, and also to build collective security through human action.
The tech is currently functional to make WaBi a reality. Mobile APPs are available fordownloading in the Apple store, Google play, QQ shop and Baidu app shop.
The project will use secure RFID tags with exceptional anti-reuse design.
Market– analyzed as a pilot. Very positive comments from countless clientsregarding the security of their goods. Earnings through 3 pilot O2O terminals at China's infant stores started in September 2017.
Traditionally, Service providers would have to pay millions of dollars to use identity verifications services in order to comply with legally required KYC (know your customer) processes. In 2016, the average bank was reported to spend $55 million on KYC compliance.
Civic helps service providers save significant time and money on these services, by simply purchasing the ‘access rights’ to users’ information using CVC tokens (the currency of the CIVIC ecosystem).
The more service providers have access to the encrypted references to a users data, the more seamlessly the users can engage with each of these service providers.
The CVC tokens paid out by Service providers go to both the Validator and the user. The transfer of funds between one party to the next is automatically initiated through Smart Contracts.
While there are various prediction markets that use crowd wisdom to successfully forecast future events, Augur stands out because it's decentralized in nature and rewards those who successfully predict outcomes through their platform. In essence, Augur is controlled entirely by users who remain anonymous and can thus make predictions and earn income without having to divulge any personal information.
Augur operates on the Ethereum blockchain which means there are no central servers where the platform can be turned off. To use Augur, individuals simply need to go to the Augur website and choose the type of prediction they are interested in to get started. Alternatively, a person can create any topic and place a bet on it.
0x is a digital Cryptocurrency. It is an open, permissionless protocol allowing for ERC20 Tokens to be traded on the Ethereum blockchain.
In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.
By sharing a standard API, relayers can easily aggregate liquidity pools, creating network effects around liquidity that compound as more relayers come online.
0x protocol is a pluggable building block for dApps that require exchange functionality.
0x allows decentralized organizations to seamlessly and safely trade ownership for startup capital.
Storj is a cloud storage company that recently launched its own cryptocurrency-like token system. Today, you can buy Storj tokens in exchange for cheap cloud storage in the future.
Storj is calling its tokens, appropriately enough, STORJ. They’re digital tokens based on the Ethereum platform. You can exchange the tokens for cloud-based storage space within the Storj ecosystem. The company’s goal is to provide a cloud storage solution that’s faster and 50% less expensive than traditional datacenter-based cloud storage companies.
EOS is a network and platform for applications built on Ethereum that performs many of the same functions, but with much greater capacity — up to millions of transactions per second. The EOS token was issued during the ICO, retains a high market capitalization in the billions of dollars, and is required for one crucial aspect of the EOS system.
The purpose of EOS is to enable highly-scalable applications which can interact with the Ethereum blockchain. EOS stands for Ethereum Operating System (according to some – but the project itself leaves it to your imagination!) and even if this isn’t official, the name helps explain its aim: to provide an operating system-like environment for decentralized Ethereum applications to be built. Such solutions are necessary, and great market interest has been shown in EOS and other Ethereum scaling ideas.
Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.
Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence.
This is a cryptocurrency as well as a revolutionary platform that is targeting to further the blockchain usage in crypto markets.
Unlike many coins, or altcoins, this has its very own source code. Introducing a lot features and valuable technological support to blockchain community, this is simply taking cryptocurrency usage and values to a new height.
The platform runs on POI algorithms, which means Proof of Importance. The key significance of infusing this algorithm into the platform is it helps user identify, who’s UP next to calculate the next block. This is virtually a new algorithm in the market, which is known more for ensuring a fair distribution of opportunities over the block calculation as not only the quantity of coins stored to user’s wallet are taken into consideration here, but all scheduled transaction too. Consequently, the mechanism here is to reward those, who make greater share of contribution to the advancement of the coin and its distribution.
IOTA does not look like Bitcoin or Ether, because it does not actually use blockchain. This platform uses a special Tangle log, based on the DAG-directed acyclic graph. In the Bitcoin or Ethereum blockbuster, everything is kept on the blocks, where the transaction information is recorded. There are no blocks in Tangle IOTA, and transactions there are related in their own special scheme: every new transaction that has arisen (let’s call it A) confirms the two old ones (B and C). Verification can also happen indirectly – for instance transaction D, which confirmed A and conditional Z. But it indirectly confirmed B and C.
IOTA’s prospects are measured by the prospects of the sphere that this platform is designed to serve. Initially, the concept of the Internet of Things meant a global network in which physical objects interact with each other through built-in technologies. Right now, there is no fully-fledged network – there are, rather, autonomous pockets.
Ask any exchange and the reasonable response you’ll get is that Ethereum is older than Ethereum Classic. In strict terms of the symbol, this is true. But Ethereum Classic does not call itself such for no reason — in fact, Ethereum Classic retains the original, immutable record of the Ethereum blockchain, while Ethereum itself is a modified history.
Ethereum Classic, like Ethereum, as a base token has little meaning without decentralized applications operating on top of the blockchain which require it to power their transactions. This is fundamentally where such tokens derive their real worth. Like Ethereum, projects have run initial coin offerings to raise ETC in order to fund development of Ethereum Classic decentralized applications.
Stratis is a blockchain-as-a-service (BaaS) platform, based in the United Kingdom. The network is perfect for businesses and institutions who want to create their own blockchain using a distributed ledger technology. The project was launched on 09 August 2016, by a software developer named Chris Trew. He assures us that behind the interface work the greatest developers in the world.
Stratis is also sidechains-based. It allows private corporations built a customized project. Due to nStratis platform, companies can bring the strategies to life. All they need to know is C# and Microsoft .Net programming language. After creating the private sidechains, there will not be worry about block security. These are being maintained on the main sidechain
According to ZCash, their technology utilizes an application called zk-SNARK, also known as zero-knowledge cryptography.
Transactions can be shielded and run through a process that encrypts them on the blockchain, making them unidentifiable yet still verifiable.
The full definition for zk-SNARK is “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge”. It’s based on a proof construction where you can prove you have certain information without having to reveal what that information is to the person asking for verification.
woman with question for zecash
Because of this system’s unique design, it requires no interaction between the prover and the identifier, showing only that a transaction happened. This level of anonymity provides a higher level of security and anonymity.
Bitshares is an open-source blockchain-based platform. It was launched on 19th July 2014 by Dan Larimer. Its main function is exchanging cryptocurrencies without neglecting the blockchain.
Bitshares’ main purpose was to change the traditional way of trading cryptocurrencies on global marketplaces. The creator claimed that it was destroying the anonymity of digital currencies and blockchain platform. So, Dan Larimer wanted to introduce in platform the real name of assets. For example, if you exchanged USD into Bitshares’ tokens they will be called BitUSD.
Bitshares designed BitAssets. This one is a coin associated with a real name asset and its value is compared with the real one. Sounds confusing? Well, it really is, but the principle is simple. As you can convert your Bitshares’ tokens into BitUSD for example, you can exchange the same amount of Bitshares’ tokens into USD. All these steps will be realized on the same platform, called blockchain.
Stellar is one of the platforms that use the blockchain to make moving money fast and reliable. This hybrid blockchain is decentralized and completely open-source, so anyone can benefit from it. With the infrastructure behind Stellar, it is easy to transfer assets between users regardless of country. Users only need to integrate with the network to use the system. Best of all, in contrast to traditional money-transfer systems, banks, payment networks, and people all have the same economic participation and access.
Stellar provides nearly all the types of services you want from a banking institution, but on a decentralized network with no greedy bank taking your money in the form of fees. Remittances are simple, letting you send money across various borders for a fraction of what a traditional bank would charge. This makes multicurrency transactions nearly as simple as those in the same currency.
Cardano is a blockchain protocol similar to Ethereum in that it allows for smart contracts and development of decentralised applications. It aims to achieve this in a low-cost and scalable way. Cardano also differs in that it will also focus on security and compliance. It will openly address the need for regulatory oversight whilst maintaining consumer privacy and protections through an innovative software architecture.
Cardano is being led by former Ethereum co-founder, Charles Hoskinson. He is now CEO of IOHK, and they have devoted a large team of expert engineers and researchers to build Cardano from the ground up. Cardano will be driven by peer reviewed academic research.
The platform is being constructed in layers. This gives the system the flexibility during maintenance and allow for upgrades by way of soft forks. After completion of the settlement layer that will run ADA, a separate computing layer will be built to handle smart contracts. Cardano will also run decentralised applications, or dapps, services not controlled by any single party but instead operate on a blockchain
TRON's stated aim is to construct a global, decentralized, and free content and storage network. The idea is that through TRON, content creators will be able to store and publish content while exercising a high level of control over their content's usage and monetization thanks to the transparency offered by the blockchain.
The advantages of this sort of system should be readily apparent in comparison with the current model. Let's say, for example, that you take a photo and share it on Facebook. Once that photo's posted online, you don't have much control over who might download or repost it. It's very possible that somebody could be using your photo to make money in an advertisement without you even knowing. But if you uploaded the same photo to TRON, you'd be able to truly “own” your photo thanks to the immutable blockchain ledger, which would permanently tie your content to you, the creator.
As one of the first blockchain technology companies found in the world, VeChain has had more time than other businesses to perfect its technology and deliver products that users truly want. Its standing in the industry also means that the vast majority of the VeChain team has years of experience.
Over the years, VeChain has proven itself with successful blockchain implementation in various industries, such as agriculture, luxury goods, and liquor. Additionally, VeChain is spread throughout the world with branches in Hong Kong, Singapore, and France, allowing for global implementation of projects
Tor is a well-known anonymization scheme for IP addresses. The name is an acronym that stands for The Onion Router, because the Tor network wraps your message in multiple layers of encryption. Instead of routing your internet connection through one ISP, Tor bounces the connection between many relay computers on the Tor peer-to-peer network.
This changes the message’s IP address many times, making it difficult to trace back to the original sender. With TOR, no one node knows the whole route a message will take. The message quickly becomes anonymous and untraceable. A directory service identifies the path for connections.
Tor is a peer-to-peer network. As you use Tor, you’re also acting as a relay node for other messages getting bounced around the Tor network.
Verge implements Tor as standard for its transactions to anonymize user connections to the blockchain. Making interactions more difficult to link to an IP addres
Sia is a project that provides a decentralized and secure cloud-based storage platform where data is stored on the blockchain. The Siacoin (SC) is a cryptocoin which has been designed for use on the Sia Platform. This concept first surfaced back in 2013, at HackMIT, and now the project is run by Nebulous Inc. (with headquarters in Boston, USA). There is a simple idea behind it that allows anyone to rent their storage space and get rewards in return for this use.
With centralized storage, there is always the possibility of failure and the chance of misuse of unencrypted data in order to reap higher business profits. Therefore, the company has come up with the idea of collecting a large amount of storage space and coupling it with blockchain to offer encrypted and decentralized cloud storage. It ultimately eradicates the requirement of centralized data centers.
It is not hard to figure out the idea behind Bytecoin. It is a cryptocurrency designed to protect individual privacy, minimize risk for business, and allow for investment growth. The project has been around since 2012, and the team has worked hard to provide an untraceable payment solution. That has not been an easy feat, even though Bytecoin’s current market capitalization of US$1.4 billion shows this project is well worth looking into.
First of all, its transactions are private and untraceable. This is achieved using cryptographic algorithms, or in this case, the open-source CryptoNote technology. Transactions are not only untraceable, but they are also unlinkable. Moreover, there is no point in attempting any blockchain analysis on Bytecoin, as the results will be anything but satisfactory.
Furthermore, Bytecoin focuses on deflation, which means the coins themselves should become more expensive over time. There is a maximum emission limit of 184.47 billion BCN, of which 183.676 billion are in circulation as of right now. With the BCN block reward decreasing every 120 seconds, it is evident there will be a point at which this currency can no longer be mined. However, this will be a gradual process, and the mining aspect will not suddenly disappear.