Hydrogen

by Hydrogen

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ChainLink

by SmartContract

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CanonChain

by CANONCHAIN.COM Inc.

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Hydrogen

by Hydrogen

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ChainLink

by SmartContract

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CanonChain

by CANONCHAIN.COM Inc.

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What problem does this service solve?

Hydro's goal is to provide a blockchain platform for creating DApps that require secure ID verification and authentication.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.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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Company Description

Hydrogen is a fintech company that develops API' for creating financial applications. They are developing the open-source Hydro blockchain platform that emphasizes identity management and security. The network is powered by the Ethereum-based HYDRO token.

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.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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