Algorand

by Algorand

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NULS

by NULS

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UMA Token

by Risk Labs

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Algorand

by Algorand

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NULS

by NULS

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UMA Token

by Risk Labs

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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.NULLS is a blockchain development platform with pluggable features. NULLS uses modular smart contracts that can be customized for business needs, and make it easier for users to develop decentralized applications.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

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.

NULS is creating a blockchain coding environment that will be easy to use. NULS wants to make a blockchain development platform that will offer a solution for developing decentralized applications, at a lower cost and with less technical knowledge. The company has teams working in several countries and the platform is powered by the NULS token.
NULLS uses modular smart contracts that are flexible and can be customized for business needs. NULLS provides a coding environment where developers can utilize multi-chain mechanisms, cross-chain consensus, and other technical blockchain features with less technical knowledge.

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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