Elrond

by Elrond

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CanonChain

by CANONCHAIN.COM Inc.

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DAEX

by DAEX Foundation

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Elrond

by Elrond

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CanonChain

by CANONCHAIN.COM Inc.

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DAEX

by DAEX Foundation

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What problem does this service solve?

Elrond will allow developers to create more scalable DApps with faster transaction times.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.

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Company Description

The Elrond blockchain platform is designed to be a public development infrastructure that will be more secure, efficient, and scalable than other blockchain platforms. The Elrond blockchain is aimed at DApp developers and enterprises. Elrond will have a Prof of Stake consensus mechanism, and will include an Adaptive State Sharding feature that will allow multiple validators to process transactions in parallel.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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.

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