Credits

by Credits

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DAEX

by DAEX Foundation

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IPFS

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Credits

by Credits

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DAEX

by DAEX Foundation

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IPFS

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What problem does this service solve?

Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

Token Stats

Company Description

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

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.

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