FOAM

by FOAM Inc.

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Parity Technologies

by Parity Technologies

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GoChain

by GoChain

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FOAM

by FOAM Inc.

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Parity Technologies

by Parity Technologies

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GoChain

by GoChain

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What problem does this service solve?

FOAM aims to to bring location data to blockchains and enable consensus driven mapping.Parity's software makes it easier for organizations, end-users, and developers to use blockchain.GoChain's hopes to create a blockchain platform that will have faster transaction time and volumes, and also improve energy efficiency.

Token Stats

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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.

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

GoChain is building a blockchain focused on speed and scalability. GoChain's protocol uses a Proof-of-Reputation (PoR) consensus mechanism and will be powered by the GO coin. They hope to significantly improve transaction times and reduce fee with an architecture that will rely on nodes managed by large enterprises. Their marketing materials places a strong emphasis on energy efficiency and reducing the monopolizing influence of large mining operations that have reduced the decentralization of other networks.

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