Celer Network

by ScaleSphere Foundation Ltd

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Chain

by Chain

4/5

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Nxt

by Ardor Nxt Group

3.5/5

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Celer Network

by ScaleSphere Foundation Ltd

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Chain

by Chain

4/5

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Nxt

by Ardor Nxt Group

3.5/5

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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.Nxt provides users a modular toolset for DApp development.

Token Stats

Not Relevant

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

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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