Chromia

by ChromaWay

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IPFS

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Penta

by Penta Global Foundation PTE.LTD

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Chromia

by ChromaWay

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IPFS

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Penta

by Penta Global Foundation PTE.LTD

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What problem does this service solve?

Chromia's relational blockchain structure will allow developers to create DApps with data that can be better indexed and queried, and more easily manipulated.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.Penta does not appear to solve any problems better than existing blockchain platforms.

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Company Description

Chromia is a relational blockchain platform that is designed to be both a blockchain and a relational database. Chromia was created by a Swedish development company called ChromaWay, with the intention of combining the advantages of a blockchain's transparency with the benefits of a relational database system, such as data independence and reduced redundancy.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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