FOAM

by FOAM Inc.

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Smartlands

by Smartlands

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Tendermint

by Interchain Foundation

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FOAM

by FOAM Inc.

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Smartlands

by Smartlands

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Tendermint

by Interchain Foundation

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What problem does this service solve?

FOAM aims to to bring location data to blockchains and enable consensus driven mapping.Smartlands lets users convert any asset into Stellar-based tokens that can be traded on their exchange.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

Token Stats

Not Relevant

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.

Smartlands is a Stellar-based tokenization platform designed to let users create tokens for a variety of use cases. The Smartlands platform will allow token issuers to manage many legal, compliance, and due diligence procedures. It will also enable tokens to be backed by collateral and held in escrow by a custodial service. Tokens created on Smartlands will be traded on their decentralized exchange that will be powered by the SLT token.

Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.

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