Streamr | Raiden Network | Confido
Exchanges: Bitfinex, Etherdelta, Mercatox
Circulating Supply: 677,154,514 DATA
Total Supply: 987,154,514 DATA
In summary Streamr aims to tokenize real time streaming data allowing it to be tradeable via a peer to peer network.
So, What does this mean?
A Self-Driving electric car, for example needs to gather data from other machines for operation. This data could include, weather forecasts, traffic conditions from other vehicles, or electricity prices from nearby. The Streamr interface provides a one stop shop for real-time data delivery and payment, allowing data streams to be tradeable with the DATAcoin token.
This allows the car to autonomously receive data and pay for it. While also allowing the car to sell the data it creates, such as road conditions, traffic congestion, or even it’s location and battery level to advertisers. As Streamr is based on the Blockchain it means it is completely decentralized and there is no one corporation in control of your data. This means the user is completely in control of who receives their valuable data while also being rewarded. Earlier this year Streamr also announced a partnership with the Golem project, with both parties sharing a common interest in creating a decentralized peer to peer network. The partnership plans to help move both projects along more efficiently while also providing free code and solutions to the community to use under an open source license.
Exchanges: Binance, Etherdelta, Kucoin, Gate.io
Circulating Supply: 50,000,000 RDN
Total Supply: 100,000,000 RDN
The Raiden Network is an off-chain transfer network that plans to address the underlying issues on the Ethereum Blockchain. They plan to improve the current scalability, speed, transaction fees and privacy of Ethereum. It does this by implementing a network of peer to peer payment channels as well as Ethereum deposits to preserve the guarantees expected from a Blockchain system. With three independent projects in the works, Raiden currently consists of (Micro) Raiden, Raiden Network and Raidos.
Micro Raiden provides trustless, instant and free transfers between two parties. It’s intended use is for many-to-one payment setups while not been suitable for many-to-many payments setups as it requires users to lock up tokens for every potential payee. This allows it to reduce complexity and be used on the mainnet today.
Raidos plans to help scale Ethereum’s computation capabilities using a network of satellite chains allowing it to host any smart contract.
There are plans to shortly release working implementation of (Micro) Raiden on the Ethereum main net. While the Raiden Network is currently in development a developer preview will be released soon. Raidos at this time is still in the planning phase.
Exchanges: Etherdelta, Kucoin
Circulating Supply: 9,000,000 CFD
Total Supply: 15,000,000 CFD
Confido is a Paypal competitor that aims to be the go to payment solution for peer-to-peer transactions involving the exchange of a physical product for Cryptocurrency. Confido is a trustless escrow payment solution developed to be used by individuals and businesses.
With the ongoing problem of email phishing and scammers becoming more and more prominent, The project offers a legitimate solution to these problems through increased security using Keycloak, a trustless system, complete automation and allowing identities to be attached to a wallet address.
On top of this, smart contracts are utilized through the Blockchain which allow the payment system to not have to rely on a third party, meaning one sole entity doesn’t control your transactions.
To eliminate this third party, Confido uses a unique shipment tracking feature that will only release the funds once the shipment has reached it’s destination. Using Chainlink and multi-carrier shipping API’S Confido is able to be decentralized and completely automated.
Using the Confido token on the payment platform means you will not be charged any fees while all other currencies will incur a .7% Charge. Holders of the Confido token will also receive .7% in Eth of all payments made through the system Bi-monthly allowing investors to be rewarded for holding the currency.
Confido has been in development since the 2nd quarter of 2017 with plans to release an alpha version of the web and mobile apps before the end of the year.