What problem does this service solve?

Wowbit allows users to create smart contract enabled digital assets on the NEO blockchain.

Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.

Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.

Token Stats

Company Description

Wowbit, also known as Wowoo, is a NEO-based tokenization platform. Their smart contract enabled platform is based on their Smart Active Control (SAC) architecture, and is powered by the WWB token.

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

Algorand is a Boston based company that is developing a blockchain network with a Pure Proof of Stake (PPoS) consensus mechanism. Algorand's decentralized platform is designed to enable faster transaction times and remove some of the technical barriers of creating scalable DApps. Algorand was founded by Silvio Micali, a pioneer in the field of cryptography.

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Wowbit vs Aeternity vs Algorand

Wowbit

Aeternity

Algorand