Polymath vs Phore vs Nxt
What problem does this service solve?
Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital. | Phore's goal is to enable developers to create a variety of DApps with fast transaction times. | Nxt provides users a modular toolset for DApp development. |
Token Stats
Company Description
Polymath is a blockchain-based protocol that makes it easier to raise capital and create security tokens. The Polymath ST-20 standard embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain. | Phore Blockchain is a Proof of Stake blockchain platform that is designed to enable decentralized transactions for a variety of applications. | Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains. |