Tendermint

by Interchain Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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Smartlands

by Smartlands

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Tendermint

by Interchain Foundation

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Nxt

by Ardor Nxt Group

3.5/5

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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.Nxt provides users a modular toolset for DApp development.Smartlands lets users convert any asset into Stellar-based tokens that can be traded on their exchange.

Token Stats

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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.

Nxt is a blockchain platform developed by Jelurida, which is also developing the Ardor blockchain. Nxt's goal is to improve upon existing blockchain platforms with a modular toolset that enables users to create their own digital assets that can be listed on decentralized marketplaces. Nxt also features community driven voting mechanisms and has an architecture that separates the blockchain into parent and child blockchains.
The network is powered by the NXT token and has a Proof-of-Stake (PoS) consensus mechanism.

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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