FOAM vs IOST vs Omnitude
What problem does this service solve?
FOAM aims to to bring location data to blockchains and enable consensus driven mapping. | The Internet of Services Token is focused on improving overall blockchain speed and performance. | Omnitude makes it easier for companies to adopt blockchain. |
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. | IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior. | Omnitude is developing a blockchain e-commerce toolkit for businesses to integrate blockchain technology with their existing systems. They provide clients with blockchain middleware solutions that can be adopted more easily. The Omnitude network is powered by the Ethereum-based ECOM token. |