Dusk Network

by Dusk Network B.V.

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UMA Token

by Risk Labs

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Blockstream

by Blockstream

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Dusk Network

by Dusk Network B.V.

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UMA Token

by Risk Labs

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Blockstream

by Blockstream

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What problem does this service solve?

Dusk's goal is to create a blockchain infrastructure for issuing securities with enhanced privacy features.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.Blockstream is an influential blockchain technology company that is one of the largest contributors to the Bitcoin Core. It offers software and hardware solutions, as well as professional services.

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Company Description

The Dusk Network is a privacy-oriented blockchain protocol that is designed for creating programmable and confidential securities. Dusk places a strong focus on privacy and aims to make it easier for developers to create digital securities and zero-knowledge DApps. The network is currently powered by the Ethereum based DUSK token.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

Blockstream is a private, for profit, blockchain technology company, that has played a key role in helping to develop, and fund, many of the key features of the Bitcoin Core platform. Blockstream is focused on developing bitcoin applications and has raised significant funding from several large investment funds. The company also employs several developers that are very influential within the Bitcoin Core development project. This, as well as being of Bitcoin's largest donors, has led to some criticism about conflicts of interest.
Blockstream is developing a number of Bitcoin applications that are intended to encourage adoption and improve transaction times on the bitcoin network. Their primary focus is on Sidechains, which are are extensions to existing blockchains that improve their functionality. The company is also working closely with industry leaders to create the Bitcoin Lightning system that will support higher trading volume and faster transactions on the bitcoin network. Blockstream is also developing a data feed, satellite network, and other applications that they hope will make blockchain more accessible.

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