Parity Technologies

by Parity Technologies

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DAEX

by DAEX Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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Parity Technologies

by Parity Technologies

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DAEX

by DAEX Foundation

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CanonChain

by CANONCHAIN.COM Inc.

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What problem does this service solve?

Parity's software makes it easier for organizations, end-users, and developers to use blockchain.DAEX's decentralized clearing system increases the security of centralized crypto exchanges.CannonChain's consensus mechanism encourages contributing network resources on smaller scales.

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Company Description

Parity Technologies is an influential blockchain development company that offers a variety of open-source software solutions for creating and using decentralized technologies. Some of their solutions include Ethereum and Bitcoin clients, cross-chain technologies, smart contracts, testnets, and cryptocurrency wallets. The company was created by Gavin Wood, the co-founder of Ethereum.

DAEX is developing a decentralized cryptocurrency clearing ecosystem that will improve the underlying infrastructure of centralized exchanges. DAEX aims to solve many of the security and privacy issues related to centralized cryptocurrency exchanges by providing a secure digital asset storage service for developers and trading platforms. Their ecosystem is powered by the Ethereum-based DAX token.

CanonChain is developing an underlying blockchain protocol based on Fog networking and a Proof-of-Participation (PoP) consensus mechanism. Their network is designed to provide incentives for contributing computing resources on fragmented networks, and is powered by the Ethereum-based CZR token, known as Xuanchi.

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