ConsenSys

by ConsenSys

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Veritaseum

by Veritaseum

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Solana Blockchain

by Solana Labs

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ConsenSys

by ConsenSys

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Veritaseum

by Veritaseum

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Solana Blockchain

by Solana Labs

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What problem does this service solve?

ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.Veritaseum provides blockchain-based software solutions for financial clients. Their network makes it easier for clients to create their own sub-tokens and decentralized applications to interact with capital markets.Solana allows developers to create DApps with faster performance by separating the consensus process from the recording of transactions.

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Company Description

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

Veritaseum develops blockchain-based software solutions for capital markets. Their goal is to decentralize access to these markets, with both centralized and decentralized solutions, for a range of financial institutions. The company assists their clients in building bespoke decentralized applications. Veritaseum's software solutions are built upon their platform, which allows for the creation of Veritas sub-tokens that serve the specific needs of the client.

The Solana blockchain uses an innovative Proof of History mechanism to confirm transactions that are recorded on the network. Solana is designed to separate the consensus process from the flow of transactions. This is done with a recursive, verifiable delay function that hashes incoming transactions, and recording information as a function of time. Every node on the Solana blockchain is assigned a cryptographic clock that enables the network to determine the time and ordering of transactions, without having to wait for consensus from other nodes. By separating the process of transaction verification from their recording, a higher throughput is achieved without sacrificing network security.

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