ChainLink

by SmartContract

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BitNew Chain

by BTN Foundation

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ProximaX

by ProximaX

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ChainLink

by SmartContract

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BitNew Chain

by BTN Foundation

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ProximaX

by ProximaX

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What problem does this service solve?

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.BitNew Chain aims to make it easier to develop large scale DApps that can be used with a variety of hardware. They also claim that it will enable cross-chain communication and token exchanges.ProximaX aims to create a high performance blockchain platform for developers to create DApss with decentralized storage, messaging, streaming, and content delivery services.

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Company Description

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.

BitNew Chain is building a development platform for commercial DApps. BitNew Chain aims to make it easier to develop large scale DApps that can be used with hardware. It will be based on a two-tier decentralized blockchain network with standard physical masternodes, resource segregation, a decentralized computing subsystem(BTN-DC), and decentralized storage subsystem(BTN-FS). Consensus will be achieved through a hybrid mining process that will combine Proof-of-Stake (PoS) with Proof of Masternode. The network is powered by the BTN coin.

ProximaX is developing a NEM-based platform with several on-chain and off-chain protocols. At its core, ProximaX is based on the NEM blockchain, and is designed to be an all-in-one platform for developing DApps. The platform has several parallel layers that are intended to provide decentralized storage, messaging, streaming, and content delivery services. The network is powered by the NEM-based XPX token. ProximaX intends on using a hybrid consensus mechanism for validating value transfers on these layers. Consensus will be driven with a combination of Proof-of-Importance (PoI), Proof-of-Storage (PoSt), and Proof-of-Bandwidth (PoB).

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