Cardano vs ChainLink vs Phore
What problem does this service solve?
Cardano is a blockchain project that is based on peer to peer review. Cardano's smart contract platform aims to become the internet of blockchains. Their goal is to create a research driven decentralized network that is more sustainable and scalable than others. | ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. |
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Company Description
The Cardano blockchain is a 3rd generation blockchain platform that was designed with a collaborative peer-to-peer review system, It aims to improve upon prior blockchain systems to enable larger and more sustainable uses of the technology. | ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. |