Penta

by Penta Global Foundation PTE.LTD

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NEAR Protocol

by NEAR

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XYO Network

by XY

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Penta

by Penta Global Foundation PTE.LTD

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NEAR Protocol

by NEAR

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XYO Network

by XY

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What problem does this service solve?

Penta does not appear to solve any problems better than existing blockchain platforms.NEAR's goal is to serve as an open source platform that will accelerate the development of decentralized applicationsThe XYO Network will allow smart contracts and DApps to use location verification services.

Token Stats

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.

NEAR Protocol is a decentralized application platform designed to make DApps operable on the web. The NEAR network uses a Proof of Stake consensus mechanism called Nightshade. The NEAR utility token is used for processing transactions and storing data, as well as for facilitating voting for governance issues.
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The XY Oracle Network is a blockchan-based location verification service. It is designed to be compatible with many devices and across different smart contract protocols. XYO uses innovative cryptographic techniques to combine real-world data with a blockchain-based system that can be used by DApps. The XYO Network was developed by a San Diego based company called XY, that makes GPS and Bluetooth devices. The company is building the network's infrastructure that will consist of location-verifying beacons that will enable smart contracts to incorporate location data. The network is powered by the Ethereum-based XYO token.

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