Tendermint

by Interchain Foundation

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Veritaseum

by Veritaseum

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EdenChain

by EdenChain

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Tendermint

by Interchain Foundation

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Veritaseum

by Veritaseum

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EdenChain

by EdenChain

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What problem does this service solve?

The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.Veritaseum provides blockchain-based software solutions for financial clients. Their network makes it easier for clients to create their own sub-tokens and decentralized applications to interact with capital markets.EdenChain aims to create a high performance blockchain for enterprises, that will allow them to convert assets into digital tokens.

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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.

Veritaseum develops blockchain-based software solutions for capital markets. Their goal is to decentralize access to these markets, with both centralized and decentralized solutions, for a range of financial institutions. The company assists their clients in building bespoke decentralized applications. Veritaseum's software solutions are built upon their platform, which allows for the creation of Veritas sub-tokens that serve the specific needs of the client.

EdenChain is developing an enterprise tokenization platform that will be based on their permissioned blockchain technology. Their goal is to enable enterprises to create customized digital assets based on their unique needs, and still maintain a high degree of control and privacy. EdenChain will use Merkle Tree and Namespace technology to solve performance issues by executing transactions in parallel; thus enabling more transactions per second, with lower transaction fees. EdenChain utilizes both a hardware and software solution to arrive at a consensus, and has a triple layer architecture that is significantly different from other tokenization platforms. Their hybrid consensus mechanism that will combine a protocol called Median Voter Thereom (MVT) with Proof-of-Elapsed-Time (PoET). PoET was designed and marketed by Intel, and is similar to PoW but requires less electricity. The company issued an Ethereum-based token called EDN.

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