Fantom

by Fantom

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UMA Token

by Risk Labs

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NULS

by NULS

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Fantom

by Fantom

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UMA Token

by Risk Labs

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NULS

by NULS

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What problem does this service solve?

Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.NULLS is a blockchain development platform with pluggable features. NULLS uses modular smart contracts that can be customized for business needs, and make it easier for users to develop decentralized applications.

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Company Description

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

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.

NULS is creating a blockchain coding environment that will be easy to use. NULS wants to make a blockchain development platform that will offer a solution for developing decentralized applications, at a lower cost and with less technical knowledge. The company has teams working in several countries and the platform is powered by the NULS token.
NULLS uses modular smart contracts that are flexible and can be customized for business needs. NULLS provides a coding environment where developers can utilize multi-chain mechanisms, cross-chain consensus, and other technical blockchain features with less technical knowledge.

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