UMA Token

by Risk Labs

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EdenChain

by EdenChain

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CyberMiles

by CyberMiles

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UMA Token

by Risk Labs

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EdenChain

by EdenChain

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CyberMiles

by CyberMiles

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What problem does this service solve?

UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps.EdenChain aims to create a high performance blockchain for enterprises, that will allow them to convert assets into digital tokens.Cybermiles' goal is to provide for a toolkit for developers building decentralized e-commerce applications.

Token Stats

Company Description

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.

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.

CyberMiles is developing a decentralized ecosystem for e-commerce. Their blockchain platform will provide users a library of e-commerce focused smart contracts to develop DApps and will facilitate decentralized settlements between parties.
The Cybermiles blockchain will be optimized specifically for e-commerce exchanges and will maintain records of users' identities, credit histories, and reputation scores. Users will be able to enter into smart business contracts without human intervention.
The CMT token will power the CyberMiles e-commerce network

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