1.Luna
Luna is a cryptocurrency mined for price stabilization of the stablecoin Terra. It was created to increase the price of Terra by issuing additional Luna and absorbing the circulation of Terra when the price of Terra falls. Luna’s ticker is LUNA.
The developer is Shin Hyun-sung, the founder of Timon (formerly’Ticket Monster’) and chairman of the board of directors, and the founder of Terra, a cryptocurrency used for payment in internet shopping malls.
Terra is a stable coin for payment of Terra Protocol. Luna is a mining token to stabilize the price of Terra.It was created to increase the price of Terra by issuing additional Luna when the price of Terra falls, absorbing the circulation of Terra. Terra will partner with large-scale e-commerce platforms and provide blockchain-based payment systems to various e-commerce platforms through Terra Alliance, and Luna tokens will be used for price stabilization.
Terra is a stable coin of Terra Protocol, and the amount of money is adjusted according to supply and demand. When demand increases, the protocol increases supply to stabilize prices, and when demand decreases, money decreases to maintain prices. Terra is pegged into several fiat currencies, among which SDT, pegged to the IMF’s Special Drawing Rights (SDR), is also used as the key currency of the Terra ecosystem system. On the other hand, Luna is a mining token to stabilize Terra’s price. When the price of Terra falls, additional Luna is issued, and the amount of circulation of Terra is absorbed by the additional issued Luna, increasing the price of Terra again. Conversely, when the price of Terra rises, additional Terra is issued to match the price. Luna’s value is generated based on Terra’s payment fee, and a small payment fee incurred every time Terra is paid is collected when the block verification is completed, and this is paid as a reward to the block creator.
2. ICON
ICON is a cryptocurrency that connects different blockchains. ICONLOOP Co., Ltd. (CEO Jonghyup Kim) participated in the technology development. ICON is a representative cryptocurrency using the interchain algorithm. With interchain, products or services that can only be purchased with cryptocurrency A can be purchased with another cryptocurrency named B connected through an interchain. A similar cryptocurrency that belongs to the interchain is AION. The monetary unit of the icon is ICX.
Launched in October 2017, iKON is a cryptocurrency that reached the top of the cryptocurrency market in a short period of time, and ranked 31st in the cryptocurrency market cap as of August 2018. IKON was also called’Korea’s Ethereum’. IKON was also praised by the American Times and Forbes. ICON is the first case that was born in Korea and became a major coin. IKON’s advisors include Don Tapscott, the author of the book “Blockchain Revolution,” which topped sales in Korea from 2017 to the first half of 2018, and Eddy Travia of Coinsilium.
Currently, blockchain technology is applied to various fields such as insurance, banks, hospitals, schools, and companies, each using different networks. IKON was designed to create the world’s largest decentralized network by connecting each of these networks with Loopchain technology. ICON stands for hyper connectivity, that is, high connectivity, and connects various communities such as public institutions, companies, universities, finance, and hospitals across borders and industries. This huge community is an organism and ecosystem that provides fast and instant remittances and many other data without transaction fees. As such, iKON aims to make the borders between blockchains disappear, such as finance, healthcare, public sector, and e-commerce. In addition, anyone can create a DApp on this platform according to needs such as payment and transaction from a blockchain ID.
IKON was funded by Pantera Capital, the first US blockchain and cryptocurrency investment company.
3. Fantom
Phantom Coin or Fantom is a cryptocurrency developed using directional acyclic graph (DAG) technology. Phantom is a blockchain infrastructure development project created by the participation of Sikshin, a food tech company, and Korea Food Tech Association. The representative is Ahn Byung-ik.
In July 2018, an ICO for Phantom Coin was held, securing an investment fund of 40 million dollars (about 40 billion won). Since November 2018, Phantom has promoted a pilot service in which Phantom Tokens are provided as event rewards in the Shikshin App, a restaurant information app, or payments with Phantom Coins at stores where POS is installed.
At first, it was focused on the food tech field, and then expanded to various industries such as medical and distribution. Phantom launched its main net, Opera Chain. Opera Chain consists of three layers: core, wear, and application. OperaChain can dramatically speed up processing by using the Lachesis protocol. It was developed to process 300,000 transactions per second while complying with Byzantine Fault Tolerance (BFT) using the Lachesis protocol. Phantom announced that it will invest in startups by establishing venture capital as well as developing blockchain technology.
4. Argo
Argo is an open source blockchain platform. As can be seen from the slogan of’Distributed Trust at Scale’, it is a platform that can be modified and utilized for various sizes and markets.
Blocko, a Korean blockchain technology company, is participating as a core technology partner. Argo adheres to the core principles of open source development: open source licenses, pragmatic management practices and support for developers and integrators. Just as Red Hat succeeded through the most widely used open source project called Linux, Blocko also wants to open up a new ecosystem through Argo.
Established in December 2014, Blocko is a blockchain specialized technology company with the most commercialization of blockchain-based business systems in Korea. In 2015, Coinstack launched a private blockchain-based BaaS (Blockchain-as-a-Service) solution. Coinstack is Blocko’s core service, providing a software development kit (SDK) and an integrated blockchain technology stack as middleware that enables convenient development and operation of blockchain-based applications.
After the development of Coinstack, Blocko founded Argo, an open-source-based non-profit corporation to popularize blockchain technology. Companies using Argo, an open source enterprise blockchain platform, can more actively build their own DApps and services according to the size and type of business, such as large and small and medium-sized enterprises, public and financial institutions.
ArgoChain is a public blockchain protocol designed to reduce the problems found in the current public blockchain. ArgoChain aims to achieve the goal of securing reliability and quality of service (QoS) by adopting the Delegated Proof of Stake (DPOS) consensus algorithm and implementing a new evaluation-based autonomous delegation algorithm.
The AERGO token is a utility token used on the Argo platform. It is used in various ways and can be said to be a medium of exchange for the Argo ecosystem. Token holders have the right to use certain services provided in the Argo ecosystem. In addition, Argo tokens can be transferred on the platform. First of all, Argo tokens can be used to purchase or use products and services in Bloco’s COINSTACK V4.0.
5. MediBloc (MEDI)
MediBloc (MEDI) is a blockchain-based integrated management platform for personal medical information. Cryptocurrencies that operate based on MediBloc are called Medi Tokens. It was co-founded by Eun-Sol Lee and Woo-gyun Go, who were former doctors.
Eun-Sol Lee decided to start a medical information startup using big data for the first time. Then, through the introduction of an acquaintance, I got to know Ethereum and revised the plan. The co-founder of MediBloc, Woo-gyun Go, learned through Seoul Science High School Alumni Kim Seo-joon, and learned that they were having similar concerns, so they prepared to start a business in 2016. Eun-Sol Lee and Woo-Gyun Go founded MediBloc in April 2017 for a decentralized medical information system in which individuals manage their own medical information.
In November 2017, the MediBloc ICO was held to secure approximately 30 billion won in investment. At first, the development was started with Qtum-based QRC-20 tokens in China, but afterwards, it moved away from the Qtum platform and changed to Ethereum-based ERC-20 tokens.
MediBloc is a system that allows individuals to safely manage medical information scattered in several places using a blockchain. In the current medical information system, each individual’s medical information is managed centered on individual medical institutions. As a result, since patients have to create medical data for each medical institution separately, unnecessary tests or treatments are repeated, which wastes unnecessary time and money each time. In addition, unlike other fields, in the medical field, strict regulations on personal information are specified in detail, and the data is often not digitized. Due to these points, it is difficult to exchange and manage medical information. MediBloc was designed to solve this problem so that individual patients can manage medical information as the subject. In other words, it aims to transform the existing medical information system into a patient-centered medical information system and achieve decentralization of personal information by using blockchain technology.
MediBloc stores medical information in a decentralized data storage using blockchain technology. By storing only the hash value of the data, not the data source, in the blockchain, the integrity of the data can be verified and reliability can be secured. In addition, MediBloc records records of medical information and access information by others on the blockchain, enabling you to track how individual medical information was used. Since the patient has the right to access medical information, malicious access is in principle impossible.
6. Conun
Conun is a cryptocurrency for realizing a distributed supercomputing platform by connecting computers and smartphones through a blockchain-based network.
Conan is a platform that builds a horizontal distributed desktop computing system that can handle multiple projects that require high-performance computing resources by sharing idle processing resources of personal computers. This platform includes not only personal computers but also sharing the resources of smartphones carried by individuals. Corner connects personal computers to a P-to-P network from the Internet, and owners of applications that require high-performance computing power can lease some computing power from computers of people or organizations who want to share their computing resources to run the applications. To be organized. This configuration can be helpful in carrying out projects that generally require a large amount of work processing and long processing time.
Conan systematically constructs the necessary processes from the requester’s application program and implements a method of effectively executing them on distributed computing resources. Such a method shortens computing time and makes it easier to use complex applications such as scientific calculation and machine learning at low cost in place of costly cloud computing services. Conan builds high computing power by collecting and sharing resources of personally owned desktop computers, so there is no need to pay additional payments to use existing cloud computing. It also utilizes a distributed computing architecture, so there is no single control over which specific groups monopolize and regulate resources.
Conan uses its own token based on the Ethereum blockchain in terms of providing value for distributed computing to users and investors. Tokens act as a medium through which platform participants request services and exchange them for processing. Tokens are used by providers and requesters to reward the use of application programs and computer resources. Tokens are also required to handle other processes after the application registry and transaction framework have been implemented. Almost any application program that requires large capacity and high performance computing power, such as scientific calculation, deep learning, and big data analysis, can use the Conan platform to process the project.
7. DEX
Dex Coin or DEX is an exchange cryptocurrency issued by Coinbit, a domestic cryptocurrency exchange. The currency unit of Dex is DEX.
DEX is a mining type exchange token, designed to overcome the problems of standard mining type exchange tokens, improve sustainability, and return profits to users. When a transaction occurs in Coinbit, DEX compensation is given in proportion to the transaction volume. DEX holders can receive a refund of 70% of the daily exchange fee revenue generated on the exchange according to their DEX holdings. 10% of commission revenue is stored separately for DEX Buy-Back, and 20% is used as operating expenses of Coinbit. Buyback for the continued value protection of DEX tokens is a device to minimize the dilution of fee revenue due to issuance of DEX.
Trading mining refers to a compensation method in which a part of the transaction fee incurred during a transaction is paid in virtual currency. In the case of a traditional exchange, the exchange took all the fees for transactions incurred within the exchange. Trading mining literally adds to the concept of mining, a kind of mining, and trading itself is regarded as mining, that is, the act of mining. This is a structure that provides exchange tokens corresponding to the amount of transactions generated at the same time as the original purpose of the cryptocurrency transaction, and partially compensates the token holders with exchange fee revenue. Therefore, it is an advantageous trading method for investors rather than traditional exchanges because users who use the exchange can receive part of the commission incurred during the transaction.
8. AnimalGo
AnimalGo is a company that develops platform services related to companion animals. Companions can share and communicate useful information in Animal and Apps. It also introduces location-based technology to support local community activities and allows users to meet and share information. AnimalGo is based on the pet community and gradually connects pet insurance, pet sales, pet TV, pet animal hospitals, pet caregivers, walking friends, pet food delivery, pet health supplies, pet wearables, pet funeral services, animal hospital information, and pet caregivers. It provides affiliate services such as services and pet shopping malls. In the AnimalGo ecosystem, all payments can be made with GOM2.
AnimalGo App uses deep learning AI technology to analyze the pedigree of companion animals, analyzes bowel movements, and adds technical elements to predict health status, and offline reservations and various functions in AnimalGo ecosystem are possible. The AnimalGo app is gaining great popularity among pet owners.
In addition, it develops and operates a variety of apps, such as Animal Go Market App, a pet shopping mall with the lowest price in Korea, Go Mini App, a rewarded companion animal IP game, special product discounts and GOM2 staking, and wallet service Gom2 App.
AnimalGo’s offline ecosystem includes AnimalGo Park and AnimalGo Beauty. AnimalGo Park provides services such as a dog hotel, a dog kindergarten, a dog swimming pool, dog beauty, and a dog cafe, and AnimalGo Beauty operates a beauty vehicle to visit. Animal Go Park and Animal Go Beauty are expanding nationwide through directly managed stores and franchises. In AnimalGo’s online or offline ecosystem, GOM2 tokens can be used as a payment method.
The AnimalGo application was released in August 2020, and was registered in Google Android, iPhone iOS, and Samsung Galaxy Store. After its release, it has enjoyed great popularity among pet owners, rising to 21st on the iPhone popularity chart and 5th on the Android lifestyle segment.
9. SymVerse
SymVerse is a cryptocurrency for the next-generation blockchain platform designed and developed by Simverse based on game theory. Simbus started in June 2018 and the currency unit is SYM. The founder of Simbus is Dr. Soo-hyuk Choi, who majored in Game Theory at Northwestern University in the United States.
Simbus is a practical blockchain platform that can handle all types of transactions, and aims to build a socio-economic blockchain ecosystem where all participants can coexist. Simbus applied the achievements of various academic fields such as sociology, monetary finance theory, social selection theory, game theory, system engineering, computing theory, mathematics theory, and network theory to the blockchain platform.
Simbus is a new paradigm blockchain platform with core values ​​of’symbiosis’ that voluntarily participates in all blockchain users, and’practical use’ that makes transactions in everyday life easier and easier to use.
Simbus stands for a blockchain platform and is a multifunctional multi-blockchain optimized for the spread of DApps. Simbus was founded to create a better world by implementing innovative blockchain technology. In particular, sharing of users through wallet sharing and ID sharing creates a new market, providing an innovative field for DApp entry and spread. In addition, the multi-functional multi-blockchain solves the problems of speed and capacity, and is designed to be easy and convenient for small business owners to use by installing a general-purpose transaction processor. To this end, Simbus introduced a new approach and innovative design philosophy.
CEO Soo-hyuk Choi, who founded Simbus, is a consensus algorithm based on game theory and social selection theory, automatic control of coin supply, coin distribution that induces participation of all participants, compression technology for solving blockchain storage problems, and account recovery. It applied innovative technologies required for the 3rd generation blockchain, such as possible ID technology. By applying these technologies, it is possible to reduce platform cost, improve transaction processing speed, introduce multiple blockchains for multifunctional support, and further expand independent blockchains. In addition, it is possible to consider a flexible account policy that can accommodate various regulations and user needs in the future and an interchange function between DApp tokens, and also provides improved processing speed and scalability through the infinite sharding function of the platform. Thanks to these innovative technologies, Simbus was selected as the best company by blockchain incubator incublock.
10. AMO
AMO or Amocoin is a cryptocurrency used for sharing and transacting all driving data generated while a driver uses a vehicle, such as driving, parking, payment, charging, and communication, in the automotive data market.
AMO is also a word derived from the English word for automobile, Automobile, and it is said to mean an abbreviation for Advanced Mobility. It is an Ethereum-based ERC-20 token. Amo creates and operates the’AMO Market’, a sharing platform for car data transactions, and is a project run by Penta Security Systems, a company specializing in information security. The CEO of Amo Labs is Sang-gyu Shim, and Eui-Seok Kim is the director. Advisors include Lee Seok-woo, CEO of Penta Security Systems Co., Ltd., Kim Young-ha, former CEO of Samsung Electronics China, and Cho Bong-han, former vice president of Samsung Fire Insurance.
Vehicle data is largely divided into three categories, and all three types of data can be traded in Amo Market.
1. Vehicle internal data (mechanical data such as engine condition, brake wear condition, speed and fuel economy, etc., generated by driving habits such as deceleration, acceleration, stop, and direction change)
2. Vehicle communication data (recorded data of communication between automobiles and external objects such as automobile-road, automobile-traffic light, automobile-pedestrian, automobile-car, etc.)
3. Vehicle user data (user data such as radio channels and music playlists the driver listens to while driving, types of games played when stopping during signals, and keywords mainly searched during driving).
Since the above three data reflect the driver’s driving habits, tastes, and consumption patterns, it becomes information that can predict consumer demand when car-related service companies plan or develop new products.
Users can upload their own car data on Amo Market and receive rewards with Amo Coins whenever the data is traded. Personally owned data is not used randomly, but is encrypted and stored in the blockchain, and is used after permission of the owner with control. As such, Amo Market aims to create an environment in which car data and personal information are no longer concentrated on a specific company, but used and shared through due process and transactions.
contact@blockcast.cc
