What problem does this service solve?

Matic provides scalability for DApps and smart contracts.Phore's goal is to enable developers to create a variety of DApps with fast transaction times.

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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.

Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications.

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