VITE

by VITE Labs

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Smartlands

by Smartlands

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Solana Blockchain

by Solana Labs

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VITE

by VITE Labs

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Smartlands

by Smartlands

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Solana Blockchain

by Solana Labs

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What problem does this service solve?

VITE's goal is to make it easier for developers to issue tokens and create DApps.Smartlands lets users convert any asset into Stellar-based tokens that can be traded on their exchange.Solana allows developers to create DApps with faster performance by separating the consensus process from the recording of transactions.

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Company Description

VITE is building a DApp development platform that will allow developers to issue their own tokens that can then be traded on their built-in decentralized exchange. The VITE network is currently powered by the Ethereum-based VITE token.

Smartlands is a Stellar-based tokenization platform designed to let users create tokens for a variety of use cases. The Smartlands platform will allow token issuers to manage many legal, compliance, and due diligence procedures. It will also enable tokens to be backed by collateral and held in escrow by a custodial service. Tokens created on Smartlands will be traded on their decentralized exchange that will be powered by the SLT token.

The Solana blockchain uses an innovative Proof of History mechanism to confirm transactions that are recorded on the network. Solana is designed to separate the consensus process from the flow of transactions. This is done with a recursive, verifiable delay function that hashes incoming transactions, and recording information as a function of time. Every node on the Solana blockchain is assigned a cryptographic clock that enables the network to determine the time and ordering of transactions, without having to wait for consensus from other nodes. By separating the process of transaction verification from their recording, a higher throughput is achieved without sacrificing network security.

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