DAEX vs XYO Network vs Zilliqa
What problem does this service solve?
DAEX's decentralized clearing system increases the security of centralized crypto exchanges. | The XYO Network will allow smart contracts and DApps to use location verification services. | Zilliqa is building a scalable development platform based on sharding. |
Token Stats
Company Description
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 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. | Zilliqa is an innovative blockchain platform that is designed to be more scalable as the network grows. Zilliqa's platform is based on the concept of sharding; which involves breaking a large network of computers into smaller decentralized networks. |