CanonChain

by CANONCHAIN.COM Inc.

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Polymath

by Polymath

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Elrond

by Elrond

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CanonChain

by CANONCHAIN.COM Inc.

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Polymath

by Polymath

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Elrond

by Elrond

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What problem does this service solve?

CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital.Elrond will allow developers to create more scalable DApps with faster transaction times.

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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.

Polymath is a blockchain-based protocol that makes it easier to raise capital and create security tokens. The Polymath ST-20 standard embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain.

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

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