Uber’s co-founder and chairman, Garrett Camp has plans for a brand new cryptocurrency, "Eco" aims to fix technical issues and other challenges that current projects, such as Bitcoin and Ethereum have. Eco’s blockchain, or shared ledger system, is designed to run on “verified nodes,” rather than on the machines of an anonymous network of volunteers.
“Eco seeks to create the most usable digital currency platform to date, offering users an alternative to bitcoin, gold and fiat currency at Eco.com,” says Eco’s white paper, a draft of which Fortune reviewed. “New payment systems are needed which are not controlled by a central institution, and provide better user experiences using mobile devices.”
Camp says he’s initially seeking to partner with the top 5% universities and research institutes around the world and hopes to have a test-net running later this year, perhaps as early as six months from now.
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http://fortune.com/2018/03/01/bitcoin-uber-cryptocurrency-eco-garrett-camp/