Klaytn Coin

by GroundX

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CyberMiles

by CyberMiles

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UMA Token

by Risk Labs

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Klaytn Coin

by GroundX

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CyberMiles

by CyberMiles

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UMA Token

by Risk Labs

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What problem does this service solve?

Klaytn aims to improve blockchain usability and transaction speeds by employing a hybrid architecture and consensus mechanism.Cybermiles' goal is to provide for a toolkit for developers building decentralized e-commerce applications.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Token Stats

Company Description

Klaytn Coin is the native currency of the Klaytn blockchain. It was developed by the South Korean internet giant, Kakao and is operated by its subsidiary Ground X. Klaytn Coin is designed to power an enterprise-grade, service-centric platform that brings a user-friendly blockchain experience to its users. It has a hybrid architecture that combines elements of public and private blockchains. Klaytn uses an optimized version of the Istanbul Byzantine Fault Tolerant consensus algorithm. There are three types of nodes, CN (Consensus Node), PN (Proxy Node) and EN (Endpoint Node). CNs are managed by CCOs (Core Cell Operators) and are in charge of block generation. These blocks are verified by all nodes in the network.
It has partnerships with multiple prominent companies, including Binance, which serves on their governance council, and several large South Korean banks and technology companies. The company also plans to integrate with OpenSea's NFT marketplace to allow Klaytn-powered NFTs to be sold more easily.

CyberMiles is developing a decentralized ecosystem for e-commerce. Their blockchain platform will provide users a library of e-commerce focused smart contracts to develop DApps and will facilitate decentralized settlements between parties.
The Cybermiles blockchain will be optimized specifically for e-commerce exchanges and will maintain records of users' identities, credit histories, and reputation scores. Users will be able to enter into smart business contracts without human intervention.
The CMT token will power the CyberMiles e-commerce 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.

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