ChainLink

by SmartContract

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V Systems

by V Systems

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XYO Network

by XY

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ChainLink

by SmartContract

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V Systems

by V Systems

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XYO Network

by XY

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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.V Systems' goal is to create the first object-oriented general purpose distributed database to enable more complex DApps.The XYO Network will allow smart contracts and DApps to use location verification 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.

V Systems is a blockchain platform that was developed by Sunny King, the creator of Peercoin and Primecoin. Peercoin was one of the first Proof of Stake Coins, and V Systems is designed to improve upon the consensus mechanism with a better staking system.

The XY Oracle Network is a blockchan-based location verification service. It is designed to be compatible with many devices and across different smart contract protocols. XYO uses innovative cryptographic techniques to combine real-world data with a blockchain-based system that can be used by DApps. The XYO Network was developed by a San Diego based company called XY, that makes GPS and Bluetooth devices. The company is building the network's infrastructure that will consist of location-verifying beacons that will enable smart contracts to incorporate location data. The network is powered by the Ethereum-based XYO token.

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