Ripple is a cryptocurrency payment system. Supposedly, it will be used as an alternative to traditional banking systems. XRP is the project's native cryptocurrency. It is meant to be used for money transfers, including large international transactions between companies.
Bancor is a decentralized exchange (DEX) operating on the Ethereum blockchain. An automated market maker (AMM) is built into the protocol, which facilitates the exchange of tokens against liquidity pools, with no need to match bids from buyers and sellers.
Cardano is a multilayered, decentralized smart contract platform with many different features. The sophisticated module organization in the first-to-market will allow delegating the network, using side-chains and lightweight client structures.
AaveProtocol is a decentralized, open-source ecosystem for earning interest on deposits and borrowing assets at variable or active rates. It also allows for unsecured flash loans that can be integrated into other products and services.
The Open Network is a third-generation decentralized network based on the Proof-of-Stake consensus algorithm, designed in 2018 by the Durov brothers, the founders of Telegram messenger. The project faced a number of difficulties during the implementation phase, and then was handed over to TON, an open community.
NEAR is a decentralized blockchain platform based on the Proof-of-Stake (PoS) consensus algorithm. Its purpose is to create an ecosystem for the development of new decentralized apps.
Digest for the week (January 31 - February 06) from broex.io
Terra is a decentralized blockchain project based on the Tendermint Delegated Proof-of-Stake protocol and Cosmos SDK. The developers created an architecture to launch new DApps related to coin creation, and LUNA Stablecoin is used as the underlying payment instrument.
The Avalanche blockchain project is a decentralized platform based on the Proof-of-Stake algorithm and supporting smart contract technology.
Polkadot is a complex blockchain ecosystem that aims to create a new kind of Internet, a decentralized Web 3.0. With it, not only tokens but also other types of data can be transferred between different blockchains.
GalaChain is a GameFi blockchain created by Gala Games in 2019 as a decentralized platform for the gaming industry.
SuperLAUNCHER is a multifunctional decentralized DAO platform that helps perspective projects to develop. Built-in smart contracts enable them to raise funding in private, seed and IDO rounds: only selected developers can take advantage of this option.
Weld Money is a service that offers users cryptocurrency debit cards: they can be used to pay for goods or services through the user's familiar POS-terminals. The startup's distinctive feature is the presence of a legal agreement between the developer, financial services providers, and regulators in the CIS, as well as Estonian registration under the legal name Weld Europe OÜ, so Weld products will be fully legal.
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized apps work, with an emphasis on sharding, which allows blocks to be created in seconds.