Algorand

by Algorand

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RIF Token

by RIF Labs Limited

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UMA Token

by Risk Labs

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Algorand

by Algorand

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RIF Token

by RIF Labs Limited

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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.RIF's goal is to allow developers to integrate smart contracts on the Bitcoin blockchain.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

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.

RIF Token powers the Root Infrastructure Framework Open Standard network. The platform will consist of a suite of open and decentralized infrastructure protocols that will enable faster and easier development of DApps that can work on the Bitcoin blockchain. RIF is built on the RSK smart contract platform, which is secured by Bitcoin's blockchain.

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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