NEO

by NEO

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Ubiq

by Ubiq Technology

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EdenChain

by EdenChain

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NEO

by NEO

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Ubiq

by Ubiq Technology

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EdenChain

by EdenChain

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What problem does this service solve?

NEO allows developers to create digital assets that can be managed with smart contracts.Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.EdenChain aims to create a high performance blockchain for enterprises, that will allow them to convert assets into digital tokens.

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Company Description

NEO, formerly known as AntShares, is one of the leading smart contract enabled blockchain platforms that allows for the development of digital assets. Similar to Ethereum, NEO uses two different tokens: NEO and GAS, each of which have a specific purpose on the network. NEO tokens give holders a share in the ownership of the NEO blockchain, and when they are held in a compatible wallet, they are rewarded with GAS tokens. NEO has a Delegated Byzantine Fault Tolerance (dBFT) consensus algorithm that has uses some features of PoS, and is designed to be more scalable than other consensus mechanisms.

Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin.
Ubiq's goal is to create a reliable and stable platform for developing DApps by modifying Ethereum's code base with important changes that will make it more secure and reduce instability. Consensus is based on their Flux Difficulty Algorithm, which is designed to constantly adjust the hash rate to protect against network attacks.

EdenChain is developing an enterprise tokenization platform that will be based on their permissioned blockchain technology. Their goal is to enable enterprises to create customized digital assets based on their unique needs, and still maintain a high degree of control and privacy. EdenChain will use Merkle Tree and Namespace technology to solve performance issues by executing transactions in parallel; thus enabling more transactions per second, with lower transaction fees. EdenChain utilizes both a hardware and software solution to arrive at a consensus, and has a triple layer architecture that is significantly different from other tokenization platforms. Their hybrid consensus mechanism that will combine a protocol called Median Voter Thereom (MVT) with Proof-of-Elapsed-Time (PoET). PoET was designed and marketed by Intel, and is similar to PoW but requires less electricity. The company issued an Ethereum-based token called EDN.

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