Sakura Bloom

by Sakura Bloom

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IPFS

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Penta

by Penta Global Foundation PTE.LTD

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Sakura Bloom

by Sakura Bloom

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IPFS

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Penta

by Penta Global Foundation PTE.LTD

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What problem does this service solve?

Sakura Bloom allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.Penta does not appear to solve any problems better than existing blockchain platforms.

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Company Description

Sakura Bloom is a Japanese company that is developing a blockchain-based rewards network. It will allow businesses to create customer loyalty programs that are cross-site and cross-platform compatible. Consumers are not restricted to using their rewards with just one merchant, and can redeem them in different ways. The network is powered by the SKB token.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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