Matic Network

by Matic-Network India LLP

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DAEX

by DAEX Foundation

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Harmony

by Harmony

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Matic Network

by Matic-Network India LLP

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DAEX

by DAEX Foundation

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Harmony

by Harmony

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.Harmony's goal is to create a consensus mechanism that will scale for larger networks.

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Company Description

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

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