What problem does this service solve?

Harmony's goal is to create a consensus mechanism that will scale for larger networks.Lisk uses sidechains, that can be easily customized, to allow developers to create their own decentralized applications.

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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.

Lisk is a blockchain-based platform that allows developers to build and publish their own applications. Lisk uses sidechain development kits, that are written in Javascript, to enable users to create their own blockchain applications according to their needs. Each decentralized App runs on its own sidechain that can be customized, and is connected to the Lisk blockchain, which has a Delegated Proof-of-Stake (dPoS) consensus mechanism. The Lisk network is powered by the LSK coin.

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