XinFin Network

by XinFin

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ConsenSys

by ConsenSys

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Penta

by Penta Global Foundation PTE.LTD

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XinFin Network

by XinFin

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ConsenSys

by ConsenSys

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Penta

by Penta Global Foundation PTE.LTD

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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.Penta does not appear to solve any problems better than existing blockchain platforms.

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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.
The XDC blockchain is built upon Quorum, a permissioned blockchain developed by J.P. Morgan. Quorum was developed as a layer upon the Go implementation of the
Ethereum protocol. XDC's consensus mechanism allows for new blocks be created in a two-step process. In the first step, the transactions to be included in the new block are voted upon by all participating nodes. In the second step, one node is selected as the leader or block maker randomly. The block maker node then creates the new block.
XInFin is powered by the XDCE token.

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.

Penta is developing a blockchain platform that DApps can be built on. It will have a Dynamic Stake Consensus (DSC) algorithm to confirm transactions. The Penta network is currently powered by the Ethereum-based PNT token.

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