IOST vs Tendermint vs Unibright
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. | Unibright aims to create a unified framework for companies to integrate blockchain with their existing business systems. |
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. | 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. | Unibright is a German Blockchain development company. Their platform is designed to assist clients with setting up and deploying smart contracts; as well as integrating their existing business systems with blockchain-based ledgers. The Unibright network is powered by the Ethereum-based UBT token. |