FOAM

by FOAM Inc.

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Davinci Coin

by Davinci Foundation

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Klaytn Coin

by GroundX

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FOAM

by FOAM Inc.

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Davinci Coin

by Davinci Foundation

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Klaytn Coin

by GroundX

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What problem does this service solve?

FOAM aims to to bring location data to blockchains and enable consensus driven mapping.Davinci Coin aims to use blockchain to promote economic and cultural exchanges between China and South Korea.Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.

Token Stats

Company Description

FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time.

Davinci Coin is an Ethereum-based token that powers the Davinci Project's ecosystem. Their goal is to strengthen private sector cooperation between China and South Korea.

Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network.
It has partnerships with multiple prominent companies, including Binance, which serves on their governance council, and several large South Korean banks and technology companies. The company also plans to integrate with OpenSea's NFT marketplace to allow Klaytn-powered NFTs to be sold more easily.

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