IOST

by IOST

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UMA Token

by Risk Labs

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Celer Network

by ScaleSphere Foundation Ltd

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IOST

by IOST

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UMA Token

by Risk Labs

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Celer Network

by ScaleSphere Foundation 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.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.Celer Network's goal is to create a blockchain platform with improved liquidity and connectivity.

Token Stats

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.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

Celer Network is developing a layer-2 scaling platform that aims to enable fast and secure off-chain transactions and off-chain smart contracts. The Celer Network hopes to enable developers to create scalable DApps by increasing the off-chain functionalities of blockchains.

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