Rise

by Rise

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Hedera Hashgraph

by Hedera Hashgraph

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UMA Token

by Risk Labs

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Rise

by Rise

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Hedera Hashgraph

by Hedera Hashgraph

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UMA Token

by Risk Labs

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What problem does this service solve?

Rise hopes to create a blockchain platform that will have faster transaction times and will handle larger volumes.The Hedera Hashgraph consensus algorithm aims enable DApps where precise ordering and time recording of transactions is important.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.

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Company Description

Rise is building a blockchain development platform with dPoS consensus. Their protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the RISE coin. They hope to significantly improve transaction times and reduce fees, while providing developers with a tool set to create DApps in several programming languages.

Hedera Hashgraph is a blockchain network that was designed to allow developers to create DApps that require higher throughput and faster settlement. Hedera uses its own consensus protocol that assigns every transaction a consensus time that is calculated as the median of the times at which each node in the network first received it. The network is powered by the HBAR 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.

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