QLC Chain

by QLC Chain

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Polymath

by Polymath

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Tendermint

by Interchain Foundation

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QLC Chain

by QLC Chain

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Polymath

by Polymath

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Tendermint

by Interchain Foundation

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What problem does this service solve?

QLC is building a DApp development platform designed to encourage greater decentralization.Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

QLC Chain, formerly known as QLink, is developing a Network-as-a-Service blokchain platform. It will allow them to provide decentralized network services and serve as a DApp development platform. The QLC network is currently built on NEO but will transition to their own blockchain in the future. The QLC Chain will have a hybrid consensus mechanism called Shannon consensus. It will combine elements of delegated Proof-of-Stake (dPoS) with a regulating mechanism that is designed to encourage participation by more nodes.

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.

Tendermint is a consensus algorithm that was created by a company called All in Bits. The open source algorithm is Byzantine Fault-Tolerant and uses an authenticated encryption system to secure transactions. The Tendermint consensus mechanism was developed in 2014 for the Cosmos Network. The Interchain Foundation, which is developing the Cosmos Network, continues to employ All in Bits to support Cosmos.

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