Algorand

by Algorand

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FOAM

by FOAM Inc.

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Ignis

by Jelurida

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Algorand

by Algorand

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FOAM

by FOAM Inc.

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Ignis

by Jelurida

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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.FOAM aims to to bring location data to blockchains and enable consensus driven mapping.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.

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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.

FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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