Harmony vs Wowbit vs UMA Token
What problem does this service solve?
Harmony's goal is to create a consensus mechanism that will scale for larger networks. | Wowbit allows users to create smart contract enabled digital assets on the NEO blockchain. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. |
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. | Wowbit, also known as Wowoo, is a NEO-based tokenization platform. Their smart contract enabled platform is based on their Smart Active Control (SAC) architecture, and is powered by the WWB token. | The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts. |