IPFS

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NEAR Protocol

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XMax

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IPFS

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NEAR Protocol

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XMax

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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.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsXMax will provide developers with the tools to more easily prototype and launch their entertainment-related DApps.

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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.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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XMax is creating a developer ecosystem for entertainment DApps. Their entertainment-focused blockchain ecosystem will enable multiple functional sidechains, and will provide a SDK which will make it easier to develop decentralized applications. XMax will also offer a variety of multimedia libraries. The XMax blockchain will have a VRF (Verifiable Random Function) consensus mechanism that will randomly select network users to participate in the verifying transactions.

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