Ubiq

by Ubiq Technology

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LTO Network

by Legal Things

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IPFS

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Ubiq

by Ubiq Technology

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LTO Network

by Legal Things

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IPFS

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What problem does this service solve?

Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.LTO Network's goal is to use blockchain to add efficiency and automation to organizational workflows.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.

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Company Description

Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin.
Ubiq's goal is to create a reliable and stable platform for developing DApps by modifying Ethereum's code base with important changes that will make it more secure and reduce instability. Consensus is based on their Flux Difficulty Algorithm, which is designed to constantly adjust the hash rate to protect against network attacks.

The LTO Network is a blockchain platform designed to automate workflows and collaboration between organizations. The company places an emphasis on ensuring regulatory compliance. Their network has a hybrid architecture that combines elements of private and public blockchains.

The Interplanetary File System (IPFS) is a decentralized network protocol for sharing hypermedia in a distributed file system. IPFS can be used to link blockchain transactions This effectively timestamps and secures the content, without having to put the data on the chain itself. Filecoin, an IPFS-based decentralized storage cloud, is closely related with the IPFS protocol, and provides the incentive system.

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