Top 05 Blockchain Technologies

 05.Align Commerce

Align Commerce was launched in 2014 and specializes in international bank transfers and makes payments. These transfers do not expose traders to the market volatility of Bitcoin, but it does put Align Commerce in a turbulent regulatory area in some markets. Currently, Align Commerce can transfer between 60 countries. Using Bitcoin's blockchain, Align Commerce bypasses traditional banking networks. Users do not need to send, receive or own any real Bitcoin. 

Their website underestimates the heavy use of blockchain technology, and many marketers may have no idea that this protocol plays a role in their transfers. Publicly, there is little information about pricing and contract terms in Align Commerce. Very few user reviews state the exact fee, and the company does not disclose its exchange rates on its website. Several third-party sources point out that Align Commerce charges between 1.5% and 1.9% per shift. This is much lower than the average 3% -5% fee for international bank transfers. The company charges a fee of $ 15 for a single exchange between two countries. Generally, Align Commerce offers its services at a low market price that does not require a long-term commitment. They just want to make themselves aware of the regulatory climate around Bitcoin.

04.Bitfury



Launched in 2011 as a Bitcoin mining hardware manufacturer, Bitfury offers a blockchain service kit. These include the Enterprise blockchain system Exonum, a two-tier payment system called Lightning Peach, an analytics platform Crystal and a music platform Surround. In 2017, the company became the third largest Bitcoin mining operation behind Bitmain and F2Pool. In 2016, Bitfury signed a memorandum of understanding with Ernst & Young (EY), a multinational consulting firm, to develop blockchain solutions for various sectors. In 2017, the company launched its enterprise blockchain software, Exonum. This software enables businesses and governments to secure personal data on the public Bitcoin blockchain. Bitfury's second tier Bitcoin scale solution is its Lightning Network. Launched in 2017, Network's Lightning Peach is very important for developers. It provides tools to build on lightning, a bitcoin wallet, and a set of hardware and software solutions that allow merchants to accept lightning payments. To successfully process micro transactions, the device integrated a Raspberry Pi computer and a unique circuit board.

03.Abra



ABRA stands for "A Better Remittance Application". The company provides financial services and technology by activating trusted cryptocurrency wallets and exchanges. Abra is a leader in the field of centralized finance and decentralized finance. 
Other cryptocurrencies such as USD Coin offer high yields of interest rates. Abra has over 1 million downloads worldwide and is available for download in over 150 different countries. The app is available on both iOS and Android platforms. You can deposit, withdraw, transfer and hold up to: Bitcoin, Litecoin, Bitcoin Cash, and Ethereum.

02.Chain Inc.



Launched in 2014, Chain Inc. Is a blockchain development company specializing in building cryptographic ledger systems for financial services companies. Using its blockchain-based tools, the company helps banks, stock exchanges and credit card companies secure, trade and manage financial assets. Citigroup, Visa, Capital One, NASDAQ, Orange, and other large finance companies have partnered with Chain Inc. For secure code transactions, the company created a sequential ledger-service that works with private ledgers and public networks. 

You can use this technology for mobile wallets, ride-sharing app and crypto-sharing platform. It also participates in the development of blockchains, cryptocurrencies, payment systems, distributed systems, and ledger technology. Provides education on blockchains, including stories suitable for the general public and other more technical stories. It connects enthusiasts and beginners with blockchain experts. For veterans, Chain Inc. provides information on how they can accelerate and see the bright ideas that are already evolving in the industry. This gives them a wonderful opportunity to meet the businesses and companies who want to get into blockchain investing. 

01.Consensus Systems

Consensus Systems (ConsenSys) is a blockchain software technology company established to develop decentralized software services and applications operating on the Ethereum blockchain. Launched in 2015 by Joseph Lubin, it is headquartered in Brooklyn, New York and has additional offices in Washington, DC and San Francisco. Among multi-agent systems, such as cryptocurrencies, this error-tolerant mechanism is used to obtain the desired consensus on a single data value or individual state of the network on computers and blockchain systems. Hundreds of participants work to verify and verify blockchain transactions and block mining activities. Within this framework, ConsenSys works on two different principles:
Task Proof: The task presented in this compromise algorithm requires a participant node to verify that the blockchain is eligible for the right to add new transactions. It is mostly used by the most popular cryptocurrency networks such as Bitcoin and Litecoin.
Stock Proof: This compromise algorithm involves allocating the common ledger to a participant's node according to the number of virtual currency tokens it has. It evolved into a less costly, less energy consuming option than the POW algorithm. Its main drawback is that it promotes cryptocurrency savings instead of spending.




M.F.Muhammadh