XYO Network

by XY

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Credits

by Credits

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Penta

by Penta Global Foundation PTE.LTD

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XYO Network

by XY

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Credits

by Credits

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Penta

by Penta Global Foundation PTE.LTD

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What problem does this service solve?

The XYO Network will allow smart contracts and DApps to use location verification services.Credits hopes to create a blockchain platform that will have faster transaction time and will handle larger volumes.Penta does not appear to solve any problems better than existing blockchain platforms.

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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.

Credits is building a blockchain platform focused on speed and scalability. Credits' protocol uses a Delegated Proof-of-Stake (dPoS) consensus mechanism and will be powered by the CS coin. They hope to significantly improve transaction times and reduce fees.

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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