Matic Network

by Matic-Network India LLP

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Ignis

by Jelurida

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Polymath

by Polymath

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Matic Network

by Matic-Network India LLP

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Ignis

by Jelurida

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Polymath

by Polymath

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.Ignis allows users to create DApps on the Nxt blockchain. It's vision and benefits are somewhat unclear.Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital.

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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.

Ignis is a blockchain platform that is being developed by Jeluirda; the company behind Ardor and Nxt. Ignis is a child chain of the Nxt blockchain. Jelurida is developing blockchain platforms that will enable users to develop decentralized applications, and will be based on a parent and child chain architecture.
Ignis allows users to create child chains with specific features and to create tokens that meet their needs. This project is closely related to Ardor and Nxt.

Polymath is a blockchain-based protocol that makes it easier to raise capital and create security tokens. The Polymath ST-20 standard embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain.

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