Algorand

by Algorand

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Universa

by Universa Foundation

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Ternio

by Ternio LLC.

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Algorand

by Algorand

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Universa

by Universa Foundation

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Ternio

by Ternio LLC.

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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.Universa aims to enable faster transactions and smart contracts that can be executed offline.Ternio aims to build a single blockchain frame-work that will be capable of meeting the needs of multiple industries.

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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.

Universa is developing a customizable blockchain platform that will enable real-time transactions, offline smart contracts, and escrow payments. Their network is currently powered by the Ethereum-based UNTP token.

Ternio is developing a scalable blockchain framework called Lexicon. It was originally a fork of Hyperledger Fabric, and is designed to handle the high transactions rates that enterprise business clients need. Ternio's framework uses its Lexicon Blockchain as a data protocol, and the Stellar Blockchain as a payment protocol. Ternio will have a Byzantine Fault Tolerance (BFT) consensus mechanism. Ternio's marketing materials mention the benefits that their high performance, Lexicon blockchain can have in programmatic digital advertising, as well as a variety of other industries. Ternio also created the BlockCard; a crypto debit card that enables users to spend their cryptocurrency. Their network is currently powered by the Stellar-based TERN token.

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