Matic Network

by Matic-Network India LLP

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UMA Token

by Risk Labs

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Semux

by Semux

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Matic Network

by Matic-Network India LLP

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UMA Token

by Risk Labs

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Semux

by Semux

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What problem does this service solve?

Matic provides scalability for DApps and smart contracts.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.Semux aims to create a high performance blockchain for DApp development.

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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.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

Semux is developing a blockchain platform for creating decentralized applications. Semux's platform is written entirely in Java and is powered by the native SEM coin. It has a Byzantine Fault Tolerant consensus algorithm that is designed to confirm transactions quickly.

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