What problem does this service solve?

QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.

UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

Tokenomy enables anything of value, such as frequent flier points or virtual goods, to be turned into a token that can be traded on their exchange.

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.

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.

Tokenomy is an Ethereum-based tokenization platform and exchange. It allows users to transform anything with value into a digital token, and then list it on their exchange.
The network is powered by the TEN token.

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QuarkChain vs UMA Token vs Tokenomy

QuarkChain

UMA Token

Tokenomy