What problem does this service solve?

Etherparty wants to simplify the development of decentralized applications. It is developing a platform of blockchain software products that will help users develop many of the common functionalities with less technical knowledge.TrueChain wants to improve blockchain performance with a hybrid consensus model.

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Company Description

Etherparty is a cloud platform offering blockchain related software. They want to make smart contracts as easy and accessible as possible. by helping to automate many functions that decentralized applications require. Etherparty focuses on user-friendly design to simplify the creation of smart contract related platforms. They are currently developing several software products aimed at users with different needs, including: token generation, crowdfunding, supply chain management, and philanthropy. Etherparty is powered by FUEL tokens.

TrueChain is developing a secure and scalable blockchain platform with a strong developer community. TrueChain hopes to improve upon current platforms with a hybrid consensus protocol called Minerva. This hybrid model will combine a consensus mechanism based on Practical Byzantine Fault Tolerance (pBFT) with a FruitChain-based Proof-of-Work protocol. Fruitchain is designed to minimize the incentives of mining pools by decreasing the variance of mining rewards; making the network more decentralized.
TrueChain's architecture also hopes to improve transaction times and reduce fees, by including a sharding mechanism that is locked to Gas fees. The first use cases for their platform will be digital advertising solutions.
The company is backed by several large Chinese blockchain companies, including ZB.com; one of the largest cryptocurrency exchanges. digital advertising industry

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