Phore

by Phore

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Penta

by Penta Global Foundation PTE.LTD

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UMA Token

by Risk Labs

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Phore

by Phore

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Penta

by Penta Global Foundation PTE.LTD

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UMA Token

by Risk Labs

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What problem does this service solve?

Phore's goal is to enable developers to create a variety of DApps with fast transaction times.Penta does not appear to solve any problems better than existing blockchain platforms.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Token Stats

Company Description

Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications.

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 UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

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