Emercoin is a hybrid PoW and PoS cryptocurrency with similarities to Namecoin and Peercoin. The network was launched in December 2013 by lead developer Oleg Khovayko as a fork of Peercoin. The current implementation supports merged mining with the Bitcoin network. Emphasizing use as a blockchain platform for secure business operations, Emercoin provides services such as decentralized SSL based authentication and a distributed directory for direct connection to VOIP servers. Services on the platform are paid for with the native Emercoin token.