XYO Network

by XY

(0)
View Profile

Algorand

by Algorand

(0)
View Profile

Ternio

by Ternio LLC.

(0)
View Profile

XYO Network

by XY

(0)
View Profile

Algorand

by Algorand

(0)
View Profile

Ternio

by Ternio LLC.

(0)
View Profile

What problem does this service solve?

The XYO Network will allow smart contracts and DApps to use location verification services.Algorand's goal is to create a blockchain with faster transaction times and a more inclusive staking mechanism to achieve consensus.Ternio aims to build a single blockchain frame-work that will be capable of meeting the needs of multiple industries.

Token Stats

Company Description

The XY Oracle Network is a blockchan-based location verification service. It is designed to be compatible with many devices and across different smart contract protocols. XYO uses innovative cryptographic techniques to combine real-world data with a blockchain-based system that can be used by DApps. The XYO Network was developed by a San Diego based company called XY, that makes GPS and Bluetooth devices. The company is building the network's infrastructure that will consist of location-verifying beacons that will enable smart contracts to incorporate location data. The network is powered by the Ethereum-based XYO token.

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.

Ternio is developing a scalable blockchain framework called Lexicon. It was originally a fork of Hyperledger Fabric, and is designed to handle the high transactions rates that enterprise business clients need. Ternio's framework uses its Lexicon Blockchain as a data protocol, and the Stellar Blockchain as a payment protocol. Ternio will have a Byzantine Fault Tolerance (BFT) consensus mechanism. Ternio's marketing materials mention the benefits that their high performance, Lexicon blockchain can have in programmatic digital advertising, as well as a variety of other industries. Ternio also created the BlockCard; a crypto debit card that enables users to spend their cryptocurrency. Their network is currently powered by the Stellar-based TERN token.

Ratings

(0)

(0)

(0)