NULS vs Tendermint vs Polymath
What problem does this service solve?
NULLS is a blockchain development platform with pluggable features. NULLS uses modular smart contracts that can be customized for business needs, and make it easier for users to develop decentralized applications. | The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem. | Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital. |
Token Stats
Not Relevant |
Company Description
NULS is creating a blockchain coding environment that will be easy to use. NULS wants to make a blockchain development platform that will offer a solution for developing decentralized applications, at a lower cost and with less technical knowledge. The company has teams working in several countries and the platform is powered by the NULS token. | Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos. | 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. |