Tendermint

by Interchain Foundation

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Polymath

by Polymath

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Harmony

by Harmony

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Tendermint

by Interchain Foundation

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Polymath

by Polymath

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Harmony

by Harmony

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Polymath is developing a platform to make it easier for companies to create regulated security tokens to raise capital.Harmony's goal is to create a consensus mechanism that will scale for larger networks.

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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.

Polymath is a blockchain-based protocol that makes it easier to raise capital and create security tokens. The Polymath ST-20 standard embeds regulatory requirements into the tokens themselves, restricting trading to verified participants only. The protocol simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain.

Harmony is developing an open consensus blockchain platform. Harmony's sharding-based consensus mechanism is designed to scale as the number of nodes increases in the network. Harmony aims to tackle issues related to scalability by optimizing across multiple layers in a way that will enable parallel transaction processing with reduced latency. Harmony is currently powered by the ONE token, which is built on the Binance blockchain.

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