Aztec Protocol

by ConsenSys

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UMA Token

by Risk Labs

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IOST

by IOST

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Aztec Protocol

by ConsenSys

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UMA Token

by Risk Labs

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IOST

by IOST

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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.The Internet of Services Token is focused on improving overall blockchain speed and performance.

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.

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

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