Penta

by Penta Global Foundation PTE.LTD

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ConsenSys

by ConsenSys

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Ternio

by Ternio LLC.

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Penta

by Penta Global Foundation PTE.LTD

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ConsenSys

by ConsenSys

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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.ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain.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.

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.

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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