Penta

by Penta Global Foundation PTE.LTD

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OneRoot Network

by OneRoot Foundation

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XYO Network

by XY

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Penta

by Penta Global Foundation PTE.LTD

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OneRoot Network

by OneRoot Foundation

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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.The OneRoot Network wants to create a development platform for DApps.The XYO Network will allow smart contracts and DApps to use location verification services.

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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 OneRoot Network hopes to create a blockchain development platform that will provide a development infrastructure for DApps, and a decentralized exchange. The OneRoot consensus mechanism is based on the concept of co-building. The company's whitepaper and marketing materials are unclear regarding its technical details and project vision.

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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