Tendermint

by Interchain Foundation

(0)
View Profile

Bytecent

by Bytecent

(0)
View Profile

Chain

by Chain

4/5

(1)
View Profile

Tendermint

by Interchain Foundation

(0)
View Profile

Bytecent

by Bytecent

(0)
View Profile

Chain

by Chain

4/5

(1)
View Profile

What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Bytecent allows merchants to create blockchain-based customer rewards programs that are more flexible and transparent.Chain develops blockchain software for financial institutions and other companies that want to create an alternate data model on their backends.

Token Stats

Not Relevant
Not Relevant

Company Description

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.

Bytecent is developing a decentralized rewards network powered by blockchain. Bytecent allows merchants 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 anywhere Bytecent is accepted. In addition to secure transactions and portability, Bytecent never expire and there are no limitations on how many Bytecent you can accumulate or spend. BYC can be converted to Bitcoin, cash, and gift cards. Bytecent uses a variation of Proof-of-Work (PoW) for consensus that requires miners to manually attend to their computers and is called Proof-of-Miner (PoM). It's designed to prevent the use of advanced and autonomous mining hardware. Avanquest Software, a leading developer of consumer software, has implemented Bytecent for their rewards program.

Chain is a blockchain software company that creates blockchain-based systems for financial institutions and major companies. They've developed blockchain solutions for companies like Nasdaq, Visa, and Citigroup, as well as a variety of crytpocurrencies. Chain has been successful in incorporating distributed ledger technology in very large and influential companies. Their focus is on using the core innovations of blockchain to improve existing systems. Chain uses blockchain as a software tool that can be applied where it is important for services or product to have more trust, or to build a network without an intermediary

Ratings

(0)

(0)

5/5 (1)