ChainLink vs Komodo vs Sakura Bloom
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. | Komodo is a blockchain building platform. They assist clients in creating their own blockhains and decentralized applications. | Sakura Bloom allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent. |
Token Stats
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. | 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. | Sakura Bloom is a Japanese company that is developing a blockchain-based rewards network. It will allow businesses to create customer loyalty programs that are cross-site and cross-platform compatible. Consumers are not restricted to using their rewards with just one merchant, and can redeem them in different ways. The network is powered by the SKB token. |