XinFin Network vs ConsenSys vs FOAM
What problem does this service solve?
XinFin wants to develop a hybrid blockchain that will combine the benefits of a private/permissioned platform with the transparency of a public one. | ConsenSys' goal is to create the infrastructure, applications, and practices that will enable greater adoption of blockchain. | FOAM aims to to bring location data to blockchains and enable consensus driven mapping. |
Token Stats
Not Relevant |
Company Description
XinFin is a blockchain technology company that has developed the XDC protocol. XinFin's hybrid blockchain enables peer-to-peer contracts on a regulated payment infrastructure. Their goal is to create an open source marketplace platform that will reduce inequalities in global finance. | ConsenSys is one of the most influential blockchain technology companies. They are working on a variety of projects to create the infrastructure and applications that will enable scalable adoption of blockchain-based systems. The company's efforts are focused on the Ethereum ecosystem, and include divisions working to advance technology development, establish industry standards, and provide consulting, marketing, and education services. | FOAM is developing a blockchain-based location service protocol for embedding physical locations in Ethereum smart contracts. The FOAM network will use radio beacons and will provide incentives for decentralized location services that will be given by network participants. Users will stake tokens to become zone anchors, that will work with radio beacons to return location data to the network. FOAM's Proof of Location protocol will be used to confirm consensus on the location of objects and entities in space and time. |