NEAR Protocol

by NEAR

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Hedera Hashgraph

by Hedera Hashgraph

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BOScoin

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NEAR Protocol

by NEAR

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Hedera Hashgraph

by Hedera Hashgraph

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BOScoin

by BOScoin

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What problem does this service solve?

NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsThe Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.BOScoin wants to make a protocol for better smart contracts that will ensure that these blockchain-based agreements will always provide a binary response.

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Company Description

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR coin.

BOScoin is a South Korean company that is developing a self-evolving cryptocurrency platform for trust contracts. It uses an embedded decision-making system called Congress Network and has a Proof-of-Stake (PoS) consensus mechanism. BOScoin is working to construct an algorithm for smart contracts that will ensure binary responses. BOScoin tries to solve this problem of undecidability of smart contracts by using a domain-specific language understandable by the average user. It also tries to mathematically demonstrate the decidability of its smart contracts’ implementation. To do this, they've introduced the concept of Trust Contracts; which are securely executable contracts based on a technology called Owlchain.

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