Terra

by Terraform labs PTE.LTD

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DigixDAO

by Digix

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Obyte

by Byteball

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Terra

by Terraform labs PTE.LTD

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DigixDAO

by Digix

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Obyte

by Byteball

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What problem does this service solve?

Terra's goal is to make it easier to integrate Crypto payments with existing banking systems.DigixDAO was established by Digix to develop a gold-based payment system on the Ethereum blockchain.Byteball 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

The Terra blockchain is used to record transactions for its price-stable cryptocurrency. Terra is a South Korean company that is focused on leveraging blockchain to facilitate stablecoin payments for a variety of decentralized apps in Asia. The company has partnered with payment gateways such as CHAI and Meme Pay, to enable users to send blockchain-based payments with direct banking integrations, allowing anyone with a local bank account to instantly send stablecoin payments that are pegged 1:1 with their local currencies.

DigixDAO is the decentralized autonomous organization being developed by Digix. The same company that issued the DGX token, enabling physical gold to be held as a digital asset. DGD is the DigixDAO token. It allows holders to participate in making decisions about how to grow the Digix Global Payment System.
Some have described the DigixDAO token issuance as the first ever crowd sale on the Ethereum Blockchain. DGD holders are rewarded for voting with incentives tied to the DGX coin. These two tokens have a symbiotic relationship that is meant to aid int he creation of a digital gold marketplace and payment system.

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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