Smartlands

by Smartlands

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UMA Token

by Risk Labs

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Tendermint

by Interchain Foundation

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Smartlands

by Smartlands

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UMA Token

by Risk Labs

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Tendermint

by Interchain Foundation

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What problem does this service solve?

Smartlands lets users convert any asset into Stellar-based tokens that can be traded on their exchange.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

Smartlands is a Stellar-based tokenization platform designed to let users create tokens for a variety of use cases. The Smartlands platform will allow token issuers to manage many legal, compliance, and due diligence procedures. It will also enable tokens to be backed by collateral and held in escrow by a custodial service. Tokens created on Smartlands will be traded on their decentralized exchange that will be powered by the SLT token.

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.

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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