Aztec Protocol

by ConsenSys

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UMA Token

by Risk Labs

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APIS

by The Oxchild Pte Ltd.

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Aztec Protocol

by ConsenSys

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UMA Token

by Risk Labs

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APIS

by The Oxchild Pte Ltd.

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What problem does this service solve?

The Aztec Protocol reduces GAS costs and increase inter-operability for Ethereum DApps.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.APIS will allow users to invest their coins on a network masternode without having to stake a large number of coins or deal with the technical requirements of setting one up.

Token Stats

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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

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

APIS is developing a masternode mediation platform that will lower the barriers of entry for users wanting invest their coins on their own masternode of a network. A masternode is a type of node that has additional voting influence and block rewards, on a Proof-of-Stake network. Investors are able to place coins on a masternode and receive a stable interest from the block rewards; similar to interest that is given in a bank. APIS will allow users to invest in masternodes without having to deal with the technical requirements or stake a prohibitively large number of coins.
Their network is powered by the Ethereum-based APIS token.

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