Blocknet

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DEW

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Synthetix Network

by Synthetix

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Blocknet

by Blocknet

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DEW

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Synthetix Network

by Synthetix

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What problem does this service solve?

Blocknet's protocol connects different blockchains and enables transactions of value through their decentralized exchange.DEW allows users to transparently trade a variety of assets without an intermediary.Synthetix allows users to trade collateral based assets on the Ethereum blockchain.

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Company Description

Blocknet is a cross-chain protocol for inter-chain transactions and a decentralized exchange. It is primarily focused on connecting blockchain networks, but is also developing a decentralized exchange to enable trade digital assets across separate blockchains. It is meant to connect the growing number of blockchain projects and make them inter-operable. Blocknet uses a Proof-of-Stake (PoS) consensus mechanism that has three different types of nodes to verify transactions. The network is powered by the BLOCK coin.

DEW is a decentralized exchange that allows users to trade blockchain-based assets as well as stocks, futures, and other securities. Asset transfers are executed according to rules established in smart contracts, and a chain-based clearing mechanism ensures transparency. The DEW network, and exchange, is powered by the Ethereum-based DEW token.

Synthetix, previously known as Havven, is developing a decentralized exchange that will allow users to trade a variety of collateralized stablecoins and commodities. The Synthetix network is built on Ethereum, and is powered by the SNX token, which works together with the Synth token to provide traders with opportunities to buy and sell assets on the Ethereum blockchain, through a distributed collateral pool.

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