Penta

by Penta Global Foundation PTE.LTD

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IPFS

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Alethio

by ConsenSys

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Penta

by Penta Global Foundation PTE.LTD

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IPFS

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Alethio

by ConsenSys

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.Alethio makes it easier for users to understand the transactional dynamics of the Ethereum blockchain.

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.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Alethio is an Ethereum analytics platform that allows users to access indexed blockchain data in real time. It can be used to gain insights about Ethereum transactions, smart contracts, and DApps. Alethio is a ConsenSys portfolio company.

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