Hedera Hashgraph

by Hedera Hashgraph

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Celer Network

by ScaleSphere Foundation Ltd

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ChainLink

by SmartContract

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Hedera Hashgraph

by Hedera Hashgraph

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Celer Network

by ScaleSphere Foundation Ltd

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ChainLink

by SmartContract

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What problem does this service solve?

The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up.

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Company Description

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware.

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