FOAM

by FOAM Inc.

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TomoChain

by TomoChain Pte. Ltd.

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Tendermint

by Interchain Foundation

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FOAM

by FOAM Inc.

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TomoChain

by TomoChain Pte. Ltd.

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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.TomoChain's goal is to create a DApp platform with faster and cheaper transactions.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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.

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

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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