QuarkChain

by QuarkChain

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Bytom

by Bytom

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UMA Token

by Risk Labs

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QuarkChain

by QuarkChain

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Bytom

by Bytom

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UMA Token

by Risk Labs

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What problem does this service solve?

QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.Bytom aims to create a secondary market for physical assets registered to their blockchainUMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Token Stats

Company Description

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

Bytom is a Chinese company that is developing a blockchain platform that is specifically designed to register securities and physical assets to the Bytom blockchain. Bytom aims to create a secondary markets for these blockchain registered assets and will allow them to be tokenized.
Bytom is compatible with other platforms and enables high transaction speeds and anonymity.
One of Bytom's key features is its improved PoW consensus algorithm that is compatible with AI-enhanced ASIC chips. This allows for more efficient mining that uses less energy.

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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