pTokens

by Provable Things

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Liquality

by ConsenSys

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IRISnet

by IRIS Foundation Limited

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pTokens

by Provable Things

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Liquality

by ConsenSys

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IRISnet

by IRIS Foundation Limited

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What problem does this service solve?

pTokens aims to increase liquidity for cryptocurrencies, as well as cross-chain interoperability.Liquality's goal is to minimize the risk and cost associated with converting cryptocurrencies.IRISnet's goal is to enable the development of decentralized business applications that work across different blockchain networks.

Token Stats

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Company Description

pTokens are digital assets that are transparently pegged to another underlying asset. pTokens serve as a Cross-Chain token wrapper that allows users to more easily transfer value between different blockchains. Users can deposit a certain amount of the underlying asset (such as BTC or EOS) and request the equivalent pTokens that are pegged to them 1:1, such as pBTC or pEOS. Token holders can then take advantage of the Ethereum network by more easily exchanging them into ERC-20 tokens.

Liquality is developing a cross-chain technology that will allow users to covert Ethereum to Bitcoin, and vice versa with minimal risk and fees, while maintaining control over their private keys. Their interface offers a secure way to exchange cryptocurrencies by using atomic swaps. Liquality is a ConsenSys portfolio company.

IRISnet is a blockchain network that is built on top of Cosmos. It aims to enable the integration of off-chain computing, as well as greater inter-operability across blockchain networks. IRISnet uses the Tendermint protocol as a consensus mechanism.

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