CanonChain

by CANONCHAIN.COM Inc.

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Polymath

by Polymath

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Ignis

by Jelurida

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CanonChain

by CANONCHAIN.COM Inc.

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Polymath

by Polymath

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Ignis

by Jelurida

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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.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.

Token Stats

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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

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