Chain

by Chain

4/5

(1)
View Profile

Komodo

by Komodo

(0)
View Profile

TrueChain

by TrueChain

(0)
View Profile

Chain

by Chain

4/5

(1)
View Profile

Komodo

by Komodo

(0)
View Profile

TrueChain

by TrueChain

(0)
View Profile

What problem does this service solve?

Chain develops blockchain software for financial institutions and other companies that want to create an alternate data model on their backends.Komodo is a blockchain building platform. They assist clients in creating their own blockhains and decentralized applications.TrueChain wants to improve blockchain performance with a hybrid consensus model.

Token Stats

Not Relevant

Company Description

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

Komodo is a blockchain building platform that is focused on developing anonymity and security focused solutions. Komodo's platform, which was originally a fork of ZCash, is powered by the KMD token, and enables users to send anonymous transactions. Komodo has a delayed Proof of Work consensus algorithm.
Komodo also operates Chainmakers and Chainzilla; which assist clients in creating their own blockchains, decentralized applications, and initial coin offerings. Komodo also provides services related to wallet integrations and blockchain security.
Komodo held the first ever decentralized ICO and pioneered the concept of a dICO. Their goal is to allow users to more easily build blockchain solutions and decentralized exchanges. They are developing a decentralized ICO (dICO) platform as well as a decentralized exchange platform called BarterDEX.

TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized.
TrueChain's architecture also hopes to improve transaction times and reduce fees, by including a sharding mechanism that is locked to Gas fees. The first use cases for their platform will be digital advertising solutions.
The company is backed by several large Chinese blockchain companies, including ZB.com; one of the largest cryptocurrency exchanges. digital advertising industry

Ratings

Overall

5/5 (1)

(0)

(0)

How useful is this tool in creating decentralized applications?

4/5

How does this platform compare to similar development tools?

4/5

How effective is this tool in encouraging blockchain adoption?

4/5

How scalable is this platform?

3/5

How likely is it that this tool will still be used in 10 years?

5/5