Harmony

by Harmony

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Nxt

by Ardor Nxt Group

3.5/5

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FOAM

by FOAM Inc.

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Harmony

by Harmony

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Nxt

by Ardor Nxt Group

3.5/5

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FOAM

by FOAM Inc.

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What problem does this service solve?

Harmony's goal is to create a consensus mechanism that will scale for larger networks.Nxt provides users a modular toolset for DApp development.FOAM aims to to bring location data to blockchains and enable consensus driven mapping.

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.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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.

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