CanonChain

by CANONCHAIN.COM Inc.

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NEAR Protocol

by NEAR

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Ternio

by Ternio LLC.

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CanonChain

by CANONCHAIN.COM Inc.

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NEAR Protocol

by NEAR

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Ternio

by Ternio LLC.

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsTernio aims to build a single blockchain frame-work that will be capable of meeting the needs of multiple industries.

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Company Description

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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Ternio is developing a scalable blockchain framework called Lexicon. It was originally a fork of Hyperledger Fabric, and is designed to handle the high transactions rates that enterprise business clients need. Ternio's framework uses its Lexicon Blockchain as a data protocol, and the Stellar Blockchain as a payment protocol. Ternio will have a Byzantine Fault Tolerance (BFT) consensus mechanism. Ternio's marketing materials mention the benefits that their high performance, Lexicon blockchain can have in programmatic digital advertising, as well as a variety of other industries. Ternio also created the BlockCard; a crypto debit card that enables users to spend their cryptocurrency. Their network is currently powered by the Stellar-based TERN token.

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