Algorand

by Algorand

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GoWithMi

by GoWithMi Technology PTE. LTD

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IPFS

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Algorand

by Algorand

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GoWithMi

by GoWithMi Technology PTE. LTD

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IPFS

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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.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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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.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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