Ignis vs BOScoin vs Chain
What problem does this service solve?
Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear. | BOScoin wants to make a protocol for better smart contracts that will ensure that these blockchain-based agreements will always provide a binary response. | Chain develops blockchain software for financial institutions and other companies that want to create an alternate data model on their backends. |
Token Stats
Not Relevant |
Company Description
Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture. | BOScoin is a South Korean company that is developing a self-evolving cryptocurrency platform for trust contracts. It uses an embedded decision-making system called Congress Network and has a Proof-of-Stake (PoS) consensus mechanism. BOScoin is working to construct an algorithm for smart contracts that will ensure binary responses. BOScoin tries to solve this problem of undecidability of smart contracts by using a domain-specific language understandable by the average user. It also tries to mathematically demonstrate the decidability of its smart contracts’ implementation. To do this, they've introduced the concept of Trust Contracts; which are securely executable contracts based on a technology called Owlchain. | Chain is a blockchain software company that creates blockchain-based systems for financial institutions and major companies. They've developed blockchain solutions for companies like Nasdaq, Visa, and Citigroup, as well as a variety of crytpocurrencies. Chain has been successful in incorporating distributed ledger technology in very large and influential companies. Their focus is on using the core innovations of blockchain to improve existing systems. Chain uses blockchain as a software tool that can be applied where it is important for services or product to have more trust, or to build a network without an intermediary |