What problem does this service solve?

Elastos' goal is to use blockchain to reduce the influence of large monopolies on the internet.Theta wants to improve video streaming by creating a decentralized marketplace for unused bandwidth.

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Company Description

Elastos is developing a blockchain-based operating system for the new internet. Elastos wants to reduce the influence of large centralized monopolies such as Google and Facebook, and to allow users to have more control of their online data and identities.
Elastos envisions the internet as the base-layer infrastructure rather than as an application. Their goal is to build a decentralized internet infrastructure that will separate network communications from application computing. By prohibiting applications from having direct access to the network, overall security will be increased.
The Elastos blockchain assigns all users, DApps, and devices their own decentralized ID, and replaces the internet's current TCP/IP protocol with a decentralized protocol that is more transparent and secure.
Elastos has received significant investment from NEO, Foxconn, and several other influential companies. The platform is powered by the ELA token.

Theta is a blockchain-based platform that is designed to be a decentralized video delivery network powered by users. Their goal is to improve streaming quality and load times by creating a decentralized marketplace for unused bandwidth. Users will be paid with THETA tokens for contributing their computing resources, and video producers will be rewarded with the token for creating content.

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