Avalanche Token

by Ava Labs

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Polymath

by Polymath

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High Performance Blockchain

by High Performance Blockchain

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Avalanche Token

by Ava Labs

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Polymath

by Polymath

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High Performance Blockchain

by High Performance Blockchain

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What problem does this service solve?

Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times.Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital.HPB is building an improved blockchain infrastructure based on hardware accelerator chip drivers. It wants to drastically increase the number of transactions that can be processed.

Token Stats

Company Description

The Avalanche token (AVAX) performs various tasks within Avalanche's Proof of Stake blockchain network. The Avalanche token functions as a rewards and payment system for users. The network is designed to be an open-source platform for launching highly decentralized applications, enterprise deployments, and decentralized financial instruments. The Avalanche ecosystem is meant to be smore scalable and interoperable than other blockchain platforms. Unlike Bitcoin and many other networks, transaction fees are “burnt” in order to increase token scarcity. This process is offset by the release, or “minting,” of new coins.
Avalanche was launched by Ava Labs, whose founder Emin Gün Sirer is a veteran computer scientist that has been very influential in the Blockchain space. Gün Sirer is a computer science professor at Cornell University and has written extensively about scaling blockchain networks.

Polymath is a blockchain-based protocol that makes it easier to raise capital and create security tokens. The Polymath ST-20 standard embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain.

High Performance Blockchain (HPB) is a Chinese company that is developing an improved blockchain infrastructure. Their goal is to dramatically improve the speed of transactions and throughput of existing blockchain systems. HPB has been called the EOS of China.
Similar to EOS, HPB uses a delegated Proof of Stake (DPoS) consensus algorithm that will enable parallel processing. It will also aid in improving the performance of their blockchain, and they hope that it will enable the creation of an ecosystem for the creation of decentralized applications.
HPB's platform is based on hardware accelerator chip drivers. The accelerator chips can be customized and will aid in the performance of the blockchain. HPB has the ambitious goal of enabling 1 million transactions per second.
The company's founders are well connected in the blockchain and payment sector in China. NEO is one of the chief investors in the company, and they also works with Union Pay; which is an influential payment network that connects banks in China.

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