High Performance Blockchain vs Tendermint vs Veritaseum
What problem does this service solve?
HPB is building an improved blockchain infrastructure based on hardware accelerator chip drivers. It wants to drastically increase the number of transactions that can be processed. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. | Veritaseum provides blockchain-based software solutions for financial clients. Their network makes it easier for clients to create their own sub-tokens and decentralized applications to interact with capital markets. |
Token Stats
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Company Description
High Performance Blockchain (HPB) is a Chinese company that is developing an improved blockchain infrastructure. Their goal is to dramatically improve the speed of transactions and throughput of existing blockchain systems. HPB has been called the EOS of China. | Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos. | Veritaseum develops blockchain-based software solutions for capital markets. Their goal is to decentralize access to these markets, with both centralized and decentralized solutions, for a range of financial institutions. The company assists their clients in building bespoke decentralized applications. Veritaseum's software solutions are built upon their platform, which allows for the creation of Veritas sub-tokens that serve the specific needs of the client. |