Tendermint

by Interchain Foundation

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Matic Network

by Matic-Network India LLP

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Smartlands

by Smartlands

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Tendermint

by Interchain Foundation

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Matic Network

by Matic-Network India LLP

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Smartlands

by Smartlands

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Matic provides scalability for DApps and smart contracts.Smartlands lets users convert any asset into Stellar-based tokens that can be traded on their exchange.

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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.

The Matic Network is a sidechain based scaling solution for public blockchains. Matic aims to allow developers to better scale their Ethereum DApps by using a version of Plasma, along with side chains that use a PoS consensus mechanism. Matic plans on supporting other blockchains as well in order to facilitate interoperability.

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.

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