Matic Network

by Matic-Network India LLP

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Harmony

by Harmony

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TomoChain

by TomoChain Pte. Ltd.

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Matic Network

by Matic-Network India LLP

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Harmony

by Harmony

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TomoChain

by TomoChain Pte. Ltd.

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.Harmony's goal is to create a consensus mechanism that will scale for larger networks.TomoChain's goal is to create a DApp platform with faster and cheaper transactions.

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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.

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.

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

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