LTO Network

by Legal Things

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BOScoin

by BOScoin

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ChainLink

by SmartContract

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LTO Network

by Legal Things

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BOScoin

by BOScoin

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ChainLink

by SmartContract

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What problem does this service solve?

LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows.BOScoin wants to make a protocol for better smart contracts that will ensure that these blockchain-based agreements will always provide a binary response.ChainLink wants to solve the connectivity problem facing smart decentralized applications. By connecting smart contracts to external data resources, many potential use cases for blockchain can be opened up.

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Company Description

The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains.

BOScoin is a South Korean company that is developing a self-evolving cryptocurrency platform for trust contracts. It uses an embedded decision-making system called Congress Network and has a Proof-of-Stake (PoS) consensus mechanism. BOScoin is working to construct an algorithm for smart contracts that will ensure binary responses. BOScoin tries to solve this problem of undecidability of smart contracts by using a domain-specific language understandable by the average user. It also tries to mathematically demonstrate the decidability of its smart contracts’ implementation. To do this, they've introduced the concept of Trust Contracts; which are securely executable contracts based on a technology called Owlchain.

ChainLink is developing the LINK Network, which will enable connected smart contracts. LINK will provide smart contracts with a variety of external data and access to APIs. ChainLink's goal is to solve the connectivity problem that plagues smart contract based systems, and discourages mass adoption. Many decentralized applications are unable to connect with important external data sources due to limitations involving their consensus protocols. The LINK network wants to connect their smart contracts with external systems and APIs by using secure middleware.

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