What problem does this service solve?

Ark is building a blockchain development platform that will make it easier to develop interconnected DApps.Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.

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Company Description

ARK, which is a fork of Lisk, is developing an interconnected blockchain ecosystem that will make it easier for users to develop their own blockchains. Ark emphasizes interoperability and usability. Their moto is “Point.Click.Blockchain” and their goal is to allow for easy deployment of DApps. Ark's "push button blockchains" can be easily created with minimal programming knowledge. Ark also hopes to encourage adoption by developers by accommodating 18 different programming languages.
Ark has a delegated Proof-of-Stake (dPoS) consensus mechanism. Their governance model allows users to vote for delegates that secure the network. The top 51 delegates voluntarily share there tokens with their voters.
Ark contract execution service (ACES) connects ARK with other blockchains and will enable exchanges of value between them.

Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network.
It has partnerships with multiple prominent companies, including Binance, which serves on their governance council, and several large South Korean banks and technology companies. The company also plans to integrate with OpenSea's NFT marketplace to allow Klaytn-powered NFTs to be sold more easily.

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