IPFS

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CanonChain

by CANONCHAIN.COM Inc.

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Davinci Coin

by Davinci Foundation

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IPFS

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CanonChain

by CANONCHAIN.COM Inc.

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Davinci Coin

by Davinci Foundation

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What problem does this service solve?

IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.Davinci Coin aims to use blockchain to promote economic and cultural exchanges between China and South Korea.

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Company Description

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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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