XinFin Network

by XinFin

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ConsenSys

by ConsenSys

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QuarkChain

by QuarkChain

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XinFin Network

by XinFin

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ConsenSys

by ConsenSys

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QuarkChain

by QuarkChain

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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.QuarkChain hopes to create a more scalable blockchain platform that will have faster transaction times.

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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.

QuarkChain is building a blockchain with a focus on speed and scalability. They hope to significantly improve transaction times and reduce fees with an architecture that will rely on a two-layered blockchain and elastic sharding. QuarkChain uses a hybrid Proof-of-Work (PoW) consensus mechanism that is ASIC-resistant. Transactions are first confirmed on one blockchain layer, and then on the second. The network will be powered by the QKC coin.

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