GoWithMi

by GoWithMi Technology PTE. LTD

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Tendermint

by Interchain Foundation

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Fantom

by Fantom

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GoWithMi

by GoWithMi Technology PTE. LTD

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Tendermint

by Interchain Foundation

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Fantom

by Fantom

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What problem does this service solve?

GoWithMi's goal is to create a more private and efficient geolocation service.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Fantom wants to create a better performing smart contract platform that will based on a directed acyclic graph.

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Company Description

GoWithMi is developing a decentralized location-based services (DLBS) infrastructure. GoWithMi aims to create a comprehensive geolocation network that will provide incentives for users to contribute location data, and will support cross-chain communication. The network is powered by the Ethereum-based GMAT 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.

Fantom is developing a smart contract platform based on a directed acyclic graph (DAG). They hope to address the scalability issues of current decentralized platforms. Instead of a blockchain, Fantom's Lachesis Protocol uses a directed acyclic graph to confirm transactions asynchronously. This transaction history is immutable and cannot be modified. The platform's Opera Chain will consist of three layers: an application Layer, Opera Ware Layer, and Opera Core Layer. Fanotm issued an Ethereum-based token in 2018.

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