Aergo

by Blocko

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Algorand

by Algorand

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UMA Token

by Risk Labs

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Aergo

by Blocko

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Algorand

by Algorand

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UMA Token

by Risk Labs

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What problem does this service solve?

Aergo's goal is to create a better DApp development platform.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

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Company Description

Aergo is developing an SQL based smart contract platform that will allow developers to more easily share data and create DApps. Their platform will combine elements of public and private blockchain architectures and will have a hybrid BFT/dPoS consensus mechanism. The ERGO Hub will serve as a blockchain hosting service that will allow users to test and deploy their own blockchains. Their network is currently powered by the Etherem-based AERGO token.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

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