Avalanche Token vs Securitize vs Phore
What problem does this service solve?
Avalanche's goal is to enable a more secure and interoperable smart contract platform with faster transactions times. | Securitize helps security token issuers manage all aspects of their tokenized digital assets. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. |
Token Stats
Not Relevant |
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. | Securitize is a security tokenization platform. The company is focused on compliance and regulatory issues, and their dashboard helps clients manage the entire life cycle of a token. Token issuers can manage all aspects of their tokens, including issues related to regulation, fractional ownership, and driving liquidity. To do this, Securitize has developed an innovative protocol for managing ownership of digital assets. Their Digital Securities (DS) protocol will support third party apps, and will help address all aspects of the digital security life cycle, as well as the interests of investors, exchanges, and other stakeholders. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. |