IOST vs Semux vs Chain
What problem does this service solve?
The Internet of Services Token is focused on improving overall blockchain speed and performance. | Semux aims to create a high performance blockchain for DApp development. | 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
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. | Semux is developing a blockchain platform for creating decentralized applications. Semux's platform is written entirely in Java and is powered by the native SEM coin. It has a Byzantine Fault Tolerant consensus algorithm that is designed to confirm transactions quickly. | 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 |