What problem does this service solve?

Insolar hopes to create an enterprise blockchain that will be more scalable and easier to use than current platforms.SophiaTX aims to create a blockchain platform that can be easily integrated with existing enterprise database solutions.

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Company Description

Insolar is a blockchain technology company that is developing an open source enterprise-grade blockchain platform. Their goal is to allow companies to transition their existing business processes, and data systems, to an enterprise blockchain that will create efficiencies and new revenue sources. Insolar also provides blockchain consulting services for companies in need of distributed ledger solutions. The company was originally focused on using blockchain to improve supply chains and logistics in the grocery industry, but they have since expanded their scope. Their network is currently powered by the Ethereum-based INS token.

SophiaTX is developing a blockchain-based platform with a variety of enterprise business services. It was created by a Swiss company with extensive experience working with SAP. Their platform will enable users from a variety of industries to integrate their internal business systems on the blockchain, and use SophiaTX's suite of blockchain solutions, including an ERP management tool, CRM, and SAP integration. SophiaTX's network is powered by the Ethereum-based SPHTX token.

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