What problem does this service solve?

Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

Chromia's relational blockchain structure will allow developers to create DApps with data that can be better indexed and queried, and more easily manipulated.

Hydro's goal is to provide a blockchain platform for creating DApps that require secure ID verification and authentication.

Token Stats

Company Description

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.

Chromia is a relational blockchain platform that is designed to be both a blockchain and a relational database. Chromia was created by a Swedish development company called ChromaWay, with the intention of combining the advantages of a blockchain's transparency with the benefits of a relational database system, such as data independence and reduced redundancy.

Hydrogen is a fintech company that develops API' for creating financial applications. They are developing the open-source Hydro blockchain platform that emphasizes identity management and security. The network is powered by the Ethereum-based HYDRO token.

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Algorand vs Chromia vs Hydrogen

Algorand

Chromia

Hydrogen