Harmony

by Harmony

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TomoChain

by TomoChain Pte. Ltd.

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IPFS

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Harmony

by Harmony

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TomoChain

by TomoChain Pte. Ltd.

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IPFS

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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.TomoChain's goal is to create a DApp platform with faster and cheaper transactions.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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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.

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.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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