Penta

by Penta Global Foundation PTE.LTD

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Aeternity

by Aeternity

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XYO Network

by XY

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Penta

by Penta Global Foundation PTE.LTD

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Aeternity

by Aeternity

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XYO Network

by XY

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.The XYO Network will allow smart contracts and DApps to use location verification services.

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Company Description

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

The XY Oracle Network is a blockchan-based location verification service. It is designed to be compatible with many devices and across different smart contract protocols. XYO uses innovative cryptographic techniques to combine real-world data with a blockchain-based system that can be used by DApps. The XYO Network was developed by a San Diego based company called XY, that makes GPS and Bluetooth devices. The company is building the network's infrastructure that will consist of location-verifying beacons that will enable smart contracts to incorporate location data. The network is powered by the Ethereum-based XYO token.

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