Penta

by Penta Global Foundation PTE.LTD

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Blockdaemon

by Blockdaemon

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Ternio

by Ternio LLC.

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Penta

by Penta Global Foundation PTE.LTD

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Blockdaemon

by Blockdaemon

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Ternio

by Ternio LLC.

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.Blockdaemon wants to make it easier for companies to create decentralized networks that fit their business needs.Ternio aims to build a single blockchain frame-work that will be capable of meeting the needs of multiple industries.

Token Stats

Not Relevant

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.

Blockdaemon is a blockchain infrastructure service company that focuses on deploying nodes for their clients. They assist their clients in setting up and managing networks for their DApps. Blockdaemon's node deployment tool allows users to easily deploy blockchan nodes on Bitcoin, Aion, and Stellar in a way that best suits their needs.

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.

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