Aztec Protocol

by ConsenSys

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FOAM

by FOAM Inc.

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IPFS

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Aztec Protocol

by ConsenSys

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FOAM

by FOAM Inc.

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IPFS

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What problem does this service solve?

The Aztec Protocol reduces GAS costs and increase inter-operability for Ethereum DApps.FOAM aims to to bring location data to blockchains and enable consensus driven mapping.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

Token Stats

Not Relevant

Company Description

The Aztec Protocol is an efficient zero-knowledge privacy protocol designed to enable private transactions on the Ethereum blocckhain. Their zero-knowledge proofs enable private transactions that can facilitate a variety of inter-operable financial applications on Ethereum. Aztec is a ConsenSys portfolio company.

T

FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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