Development of applications for electronic cash
These applications in return should allow everyone to make and receive electronic payments.
Difference between Blockchain
OpenCoin on the contrary makes the transfers invisible and untraceable, and has a central instance that is able to guarantee a value if you redeem the OpenCoin.
Overview
The focus of the project is the protocol. This means we standardize the way we exchange messages and their content in order to make electronic cash payments. But we don’t deliver an implementation here. That is the scope of other project(s). OpenCoin is the foundation to build upon.