IOST

by IOST

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Chain

by Chain

4/5

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Penta

by Penta Global Foundation PTE.LTD

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IOST

by IOST

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Chain

by Chain

4/5

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Penta

by Penta Global Foundation PTE.LTD

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What problem does this service solve?

The Internet of Services Token is focused on improving overall blockchain speed and performance.Chain develops blockchain software for financial institutions and other companies that want to create an alternate data model on their backends.Penta does not appear to solve any problems better than existing blockchain platforms.

Token Stats

Not Relevant

Company Description

IOST (Internet of Services Token) is a blockchain platform that is focused on improving transaction speed and scalability. IOST has a unique Proof of Believability consensus mechanism that is based on past contributions and behavior.
The company claims that their platform will increase security and efficiency compared to other platforms. IOST uses a sharding technique that splits the network into smaller ones and randomly assigns tasks for the nodes on the network.

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

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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