Penta

by Penta Global Foundation PTE.LTD

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ConsenSys

by ConsenSys

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FOAM

by FOAM Inc.

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Penta

by Penta Global Foundation PTE.LTD

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ConsenSys

by ConsenSys

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FOAM

by FOAM Inc.

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.FOAM aims to to bring location data to blockchains and enable consensus driven mapping.

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.

ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services.

FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time.

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