FOAM

by FOAM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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Ternio

by Ternio LLC.

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FOAM

by FOAM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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Ternio

by Ternio LLC.

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What problem does this service solve?

FOAM aims to to bring location data to blockchains and enable consensus driven mapping.Penta does not appear to solve any problems better than existing blockchain platforms.Ternio aims to build a single blockchain frame-work that will be capable of meeting the needs of multiple industries.

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.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

Ternio is developing a scalable blockchain framework called Lexicon. It was originally a fork of Hyperledger Fabric, and is designed to handle the high transactions rates that enterprise business clients need. Ternio's framework uses its Lexicon Blockchain as a data protocol, and the Stellar Blockchain as a payment protocol. Ternio will have a Byzantine Fault Tolerance (BFT) consensus mechanism. Ternio's marketing materials mention the benefits that their high performance, Lexicon blockchain can have in programmatic digital advertising, as well as a variety of other industries. Ternio also created the BlockCard; a crypto debit card that enables users to spend their cryptocurrency. Their network is currently powered by the Stellar-based TERN token.

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