Penta

by Penta Global Foundation PTE.LTD

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HYCON

by HYCON, Glosfer Co., Ltd.

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Chain

by Chain

4/5

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Penta

by Penta Global Foundation PTE.LTD

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HYCON

by HYCON, Glosfer Co., Ltd.

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Chain

by Chain

4/5

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.HYCON's DAG/SPECTRE consensus is designed to improve blockchain performance by enabling more than one block to be added to the main chain.Chain develops blockchain software for financial institutions and other companies that want to create an alternate data model on their backends.

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.

HYCON is a blockchain platform powered by the Hyperconnected Coin. The decentralized platform has a Directed Acyclic Graph (DAG) architecture, and is focused on improving scalability and throughput. HYCON's SPECTRE consensus algorithm is designed to enable horizontal scalability, where several blocks can be added at the same time.

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Chain is a blockchain software company that creates blockchain-based systems for financial institutions and major companies. They've developed blockchain solutions for companies like Nasdaq, Visa, and Citigroup, as well as a variety of crytpocurrencies. Chain has been successful in incorporating distributed ledger technology in very large and influential companies. Their focus is on using the core innovations of blockchain to improve existing systems. Chain uses blockchain as a software tool that can be applied where it is important for services or product to have more trust, or to build a network without an intermediary

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