Polis

by Polis Core Team

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Obyte

by Byteball

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Polis

by Polis Core Team

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Obyte

by Byteball

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What problem does this service solve?

Not provided by vendorByteball is a conditional payment network. Users set conditions for their payments to be processed. If the conditions are not met, the transaction is cancelled.

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Company Description

Polis

Obyte, previously known as Byteball, is a conditional payment network that is built on scalable technology, and is enabled by smart contracts. It also allows users to create their own ICO and issue their own digital assets. Conditional smart payments can be used for a variety of decentralized applications, including: insurance, betting, and prediction markets. Obyte's platform is smart contract enabled and allows users to control their identity better than some other payment systems. Obyte also allows users to make transactions through text messages or with a chat bot. Obyte's transaction data is stored and ordered using directed acyclic graph (DAG) rather than blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common for blockchains.

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