Kadena vs NEO vs UMA Token
What problem does this service solve?
Kadena is a software development company working to encourage business adoption of blockchain. They create custom-built solutions for their clients that use both private and public blockchains. | NEO allows developers to create digital assets that can be managed with smart contracts. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. |
Token Stats
Not Relevant |
Company Description
Kadena is a software development company that builds blockchain-based platforms for a range of businesses. They develop purpose-built blockchain solutions for their clients by using proprietary solutions that are aimed at being both secure and scalable. Kadena offers both private and public blockchain platforms, with smart contracts written in the Pact programming language. They've also developed an innovative proof-of-work architecture called ChainWeb that could have a variety of applications. | NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms. | 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. |