Unibright

by Unibright

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IPFS

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Tendermint

by Interchain Foundation

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Unibright

by Unibright

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IPFS

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Tendermint

by Interchain Foundation

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What problem does this service solve?

Unibright aims to create a unified framework for companies to integrate blockchain with their existing business systems.IPFS is a decentralized alternative to HTTP that can be used to make recording blockchain transactions more efficient.The Tendermint consensus algorithm secures transactions in the Cosmos ecosystem.

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Company Description

Unibright is a German Blockchain development company. Their platform is designed to assist clients with setting up and deploying smart contracts; as well as integrating their existing business systems with blockchain-based ledgers. The Unibright network is powered by the Ethereum-based UBT token.

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.

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.

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