Penta

by Penta Global Foundation PTE.LTD

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Algorand

by Algorand

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Polymath

by Polymath

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Penta

by Penta Global Foundation PTE.LTD

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Algorand

by Algorand

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Polymath

by Polymath

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital.

Token Stats

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.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

Polymath is a blockchain-based protocol that makes it easier to raise capital and create security tokens. The Polymath ST-20 standard embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain.

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