I will not write much about each company. All of them are outside the top 10. Each has a serious team. All companies have found a real application for their technology.
Tierion Tierion is a global data verification platform, created in 2015 based on Chainpoint technology. It is aimed at verifying the data of the document using the best block systems. Unlike Bitcoin, Chainpoint confirms all transactions in the blockroom. With the help of this software, you can perform one binding to any number of accounting reports.
The company's activities cover a wide range of users. Now any enterprise can protect and notarize documents of high importance with the help of a "protective mechanism".
Already now, Tierion has been joined by health, insurance and financial services companies, which store significant amounts of data in the system. The Chainpoint technology tracks the creation time of the source document and its modified data. A number of large enterprises are already using the services of this platform. Including Microsoft and Philips, as well as a start-up Tokken.
Tierion allows you to create a record (calendar) in the blockbuster Bitcoin and the Etherium. The calendar is independent. And for the user to be able to access to check any entry, it's enough to use Chainpoint.
Features and capabilities:
-Cooperation with Microsoft and Philips provides a guarantee of the legitimacy of the company.
"At the moment, Tierion services are in demand among thousands of companies, and this shows the value of the services provided.
"It has been working for 2 years and provides a real product, which reduces the riskiness of its ICO in comparison with those projects that have shorter working hours or the product is under development.
-Contained in Consensus Makathon 2015. This speaks of the competence of developers.
-The direct competitor (Factom) for 1 second is able to conduct only 47 transactions. Tierion does not have a capacity limitation. Consequently, the project was approached thoroughly.
-In addition to data verification, it allows you to extend existing applications and even create something new. This is due to the availability of special tools from Tierion.
Wings is the current DAO platform, which has already passed several ICO.
Look at how many projects are done on the wings and everything will be clear right away:
https://www.wings.ai/#!/home/discover
BitShares BitShares is software.
To be precise, BitShares is a distributed, multi-user database with the ability to update, controlled by a certain set of rules and public key cryptography
BitShares is a network
A BitShares network can exist if there are at least two computers connected to the Internet. This distributed network of computers guarantees reliable protection of the database from failures. Each individual computer on the network contains a complete copy of the database of the entire network, so no one can change the public record
BitShares is the registry
The register is a database containing information about accounts and transfers between them. Every bank, company and organization dealing with finances has its own registry, which keeps track of who owns what. The BitShares registry is very reliable, because it operates under two levels of care: a highly distributed network that is completely transparent and protected by the latest cryptography.
BitShares is the Company
In the case of BitShares, the database monitors ownership of shares known as BTS. Each share can vote for delegates, the top 25 delegates after the vote takes responsibility for the operation of the software, maintaining the functionality of the network and a number of other tasks, for which it receives wages from shareholders. BitShares is a company that deals with the processing of transactions for a commission, the income from this business is distributed among the shareholders through the repurchase of shares.
BitShares is a stock exchange
The New York Stock Exchange is a company that maintains a register containing information about shareholders and debt obligations of companies. She earns money on commissions for transactions and issues her own shares. Like the New York Stock Exchange, BitShares allows people to monitor their shares or debts and trade them within a distributed registry.
BitShares is a bank
Banks are companies that maintain a register to track a debt with a security in the form of another asset, such as housing. This debt is calculated by the money spread all over the world, such as dollars, euros, yuan, etc. Banks receive revenue from interest accrual to borrowers and attract capital with interest payments to depositors. BitShares creates a dollar debt secured by a pledge in BTS. This dollar debt is BitAsset, namely BitUSD. BitShares supports any number of BitAssets, including BitGold, BitSilver, BitOil, etc. And whereas ordinary banking practice is an unsustainable business with partial redundancy, BitShares uses at least 175%, and often more than 300% of the reserve. While ordinary banks use illiquid assets to secure (pledge) debt obligations paid on demand, BitShares uses highly liquid BTS as collateral. While ordinary banks rely on taxpayers, the depositors of BitShares can directly claim a security.
BitShares is the currency
Anything can be used as money under certain circumstances. Gold, silver, giant stones, paper, debts, cigarettes - all this was used as money. Rich and influential often used as bearer shares (paper certificates of shares). In the case of BitShares, a huge amount of assets can be used as money, including BTS, BitUSD, BitGold and BitSilver. All these assets have the properties of homogeneity, divisibility, transportability and the inability to forge them.
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