Celer Network

by ScaleSphere Foundation Ltd

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Chain

by Chain

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Harmony

by Harmony

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Celer Network

by ScaleSphere Foundation Ltd

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Chain

by Chain

4/5

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Harmony

by Harmony

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What problem does this service solve?

Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.Chain develops blockchain software for financial institutions and other companies that want to create an alternate data model on their backends.Harmony's goal is to create a consensus mechanism that will scale for larger networks.

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Company Description

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

Chain is a blockchain software company that creates blockchain-based systems for financial institutions and major companies. They've developed blockchain solutions for companies like Nasdaq, Visa, and Citigroup, as well as a variety of crytpocurrencies. Chain has been successful in incorporating distributed ledger technology in very large and influential companies. Their focus is on using the core innovations of blockchain to improve existing systems. Chain uses blockchain as a software tool that can be applied where it is important for services or product to have more trust, or to build a network without an intermediary

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

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