What problem does this service solve?

Harmony's goal is to create a consensus mechanism that will scale for larger networks.

BitNew Chain aims to make it easier to develop large scale DApps that can be used with a variety of hardware. They also claim that it will enable cross-chain communication and token exchanges.

Tokenomy enables anything of value, such as frequent flier points or virtual goods, to be turned into a token that can be traded on their exchange.

Token Stats

Company Description

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

BitNew Chain is building a development platform for commercial DApps. BitNew Chain aims to make it easier to develop large scale DApps that can be used with hardware. It will be based on a two-tier decentralized blockchain network with standard physical masternodes, resource segregation, a decentralized computing subsystem（BTN-DC）, and decentralized storage subsystem（BTN-FS). Consensus will be achieved through a hybrid mining process that will combine Proof-of-Stake (PoS) with Proof of Masternode. The network is powered by the BTN coin.

Tokenomy is an Ethereum-based tokenization platform and exchange. It allows users to transform anything with value into a digital token, and then list it on their exchange.
The network is powered by the TEN token.

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Harmony vs BitNew Chain vs Tokenomy

Harmony

BitNew Chain

Tokenomy