Parity Technologies

by Parity Technologies

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DAEX

by DAEX Foundation

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QuarkChain

by QuarkChain

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Parity Technologies

by Parity Technologies

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DAEX

by DAEX Foundation

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QuarkChain

by QuarkChain

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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.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.

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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.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

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