Dusk Network

by Dusk Network B.V.

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UMA Token

by Risk Labs

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Ternio

by Ternio LLC.

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Dusk Network

by Dusk Network B.V.

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UMA Token

by Risk Labs

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Ternio

by Ternio LLC.

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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.Ternio aims to build a single blockchain frame-work that will be capable of meeting the needs of multiple industries.

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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.

Ternio is developing a scalable blockchain framework called Lexicon. It was originally a fork of Hyperledger Fabric, and is designed to handle the high transactions rates that enterprise business clients need. Ternio's framework uses its Lexicon Blockchain as a data protocol, and the Stellar Blockchain as a payment protocol. Ternio will have a Byzantine Fault Tolerance (BFT) consensus mechanism. Ternio's marketing materials mention the benefits that their high performance, Lexicon blockchain can have in programmatic digital advertising, as well as a variety of other industries. Ternio also created the BlockCard; a crypto debit card that enables users to spend their cryptocurrency. Their network is currently powered by the Stellar-based TERN token.

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