OneRoot Network

by OneRoot Foundation

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IPFS

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APEX

by Apex Technologies

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OneRoot Network

by OneRoot Foundation

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IPFS

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APEX

by Apex Technologies

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What problem does this service solve?

The OneRoot Network wants to create a development platform for DApps.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.APEX will allow B2C companies to leverage the benefits of blockchain and AI, and more easily create DApps for consumer use.

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Company Description

The OneRoot Network hopes to create a blockchain development platform that will provide a development infrastructure for DApps, and a decentralized exchange. The OneRoot consensus mechanism is based on the concept of co-building. The company's whitepaper and marketing materials are unclear regarding its technical details and project vision.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

APEX is building a blockchain infrastructure for consumer applications that will focus on B2C transactions on the internet. Their goal is to provide an enterprise blockchain solution for creating custom DApps that will be used by consumers. The NEO-based network was created by APEX Technologies (formerly Chinapex), an established data technology and AI company. Their network is powered by the NEO-based CPX token.

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