TomoChain

by TomoChain Pte. Ltd.

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UMA Token

by Risk Labs

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Rise

by Rise

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TomoChain

by TomoChain Pte. Ltd.

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UMA Token

by Risk Labs

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Rise

by Rise

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What problem does this service solve?

TomoChain's goal is to create a DApp platform with faster and cheaper transactions.UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.Rise hopes to create a blockchain platform that will have faster transaction times and will handle larger volumes.

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Company Description

TomoChain is a DApp development platform compatible with Ethereum smart contracts. Their goal is to enable faster and cheaper transactions. Their network will have a Proof-of-Stake (PoS) consensus mechanism, with a system of 150 Masternodes. TomoChain will be compatible with Ethereum-based smart contracts, and will allow users to issue their own tokens. The company has offices in Singapore, Japan, and Vietnam.

The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts.

Rise is building a blockchain development platform with dPoS consensus. Their protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the RISE coin. They hope to significantly improve transaction times and reduce fees, while providing developers with a tool set to create DApps in several programming languages.

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