Algorand

by Algorand

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GoWithMi

by GoWithMi Technology PTE. LTD

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Fantom

by Fantom

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Algorand

by Algorand

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GoWithMi

by GoWithMi Technology PTE. LTD

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Fantom

by Fantom

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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.GoWithMi's goal is to create a more private and efficient geolocation service.Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.

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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.

GoWithMi is developing a decentralized location-based services (DLBS) infrastructure. GoWithMi aims to create a comprehensive geolocation network that will provide incentives for users to contribute location data, and will support cross-chain communication. The network is powered by the Ethereum-based GMAT token.

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

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