IOST

by IOST

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Tendermint

by Interchain Foundation

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Davinci Coin

by Davinci Foundation

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IOST

by IOST

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Tendermint

by Interchain Foundation

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Davinci Coin

by Davinci Foundation

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What problem does this service solve?

The Internet of Services Token is focused on improving overall blockchain speed and performance.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Davinci Coin aims to use blockchain to promote economic and cultural exchanges between China and South Korea.

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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.

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.

Davinci Coin is an Ethereum-based token that powers the Davinci Project's ecosystem. Their goal is to strengthen private sector cooperation between China and South Korea.

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