Parity Technologies

by Parity Technologies

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Ternio

by Ternio LLC.

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Matic Network

by Matic-Network India LLP

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Parity Technologies

by Parity Technologies

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Ternio

by Ternio LLC.

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Matic Network

by Matic-Network India LLP

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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.Ternio aims to build a single blockchain frame-work that will be capable of meeting the needs of multiple industries.Matic provides scalability for DApps and smart contracts.

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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.

Ternio is developing a scalable blockchain framework called Lexicon. It was originally a fork of Hyperledger Fabric, and is designed to handle the high transactions rates that enterprise business clients need. Ternio's framework uses its Lexicon Blockchain as a data protocol, and the Stellar Blockchain as a payment protocol. Ternio will have a Byzantine Fault Tolerance (BFT) consensus mechanism. Ternio's marketing materials mention the benefits that their high performance, Lexicon blockchain can have in programmatic digital advertising, as well as a variety of other industries. Ternio also created the BlockCard; a crypto debit card that enables users to spend their cryptocurrency. Their network is currently powered by the Stellar-based TERN token.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

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