Chain

by Chain

4/5

(1)
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Tendermint

by Interchain Foundation

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RIF Token

by RIF Labs Limited

(0)
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Chain

by Chain

4/5

(1)
View Profile

Tendermint

by Interchain Foundation

(0)
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RIF Token

by RIF Labs Limited

(0)
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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.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.RIF's goal is to allow developers to integrate smart contracts on the Bitcoin blockchain.

Token Stats

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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

Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.

RIF Token powers the Root Infrastructure Framework Open Standard network. The platform will consist of a suite of open and decentralized infrastructure protocols that will enable faster and easier development of DApps that can work on the Bitcoin blockchain. RIF is built on the RSK smart contract platform, which is secured by Bitcoin's blockchain.

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