Bytom

by Bytom

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TomoChain

by TomoChain Pte. Ltd.

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UMA Token

by Risk Labs

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Bytom

by Bytom

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TomoChain

by TomoChain Pte. Ltd.

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UMA Token

by Risk Labs

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What problem does this service solve?

Bytom aims to create a secondary market for physical assets registered to their blockchainTomoChain's goal is to create a DApp platform with faster and cheaper transactions.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Token Stats

Company Description

Bytom is a Chinese company that is developing a blockchain platform that is specifically designed to register securities and physical assets to the Bytom blockchain. Bytom aims to create a secondary markets for these blockchain registered assets and will allow them to be tokenized.
Bytom is compatible with other platforms and enables high transaction speeds and anonymity.
One of Bytom's key features is its improved PoW consensus algorithm that is compatible with AI-enhanced ASIC chips. This allows for more efficient mining that uses less energy.

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

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.

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