Lisk

by Lisk

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Tendermint

by Interchain Foundation

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FOAM

by FOAM Inc.

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Lisk

by Lisk

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Tendermint

by Interchain Foundation

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FOAM

by FOAM Inc.

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What problem does this service solve?

Lisk uses sidechains, that can be easily customized, to allow developers to create their own decentralized applications.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.FOAM aims to to bring location data to blockchains and enable consensus driven mapping.

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Company Description

Lisk is a blockchain-based platform that allows developers to build and publish their own applications. Lisk uses sidechain development kits, that are written in Javascript, to enable users to create their own blockchain applications according to their needs. Each decentralized App runs on its own sidechain that can be customized, and is connected to the Lisk blockchain, which has a Delegated Proof-of-Stake (dPoS) consensus mechanism. The Lisk network is powered by the LSK coin.

Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.

FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time.

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