Development

GitHub metrics:

Developer activity (from Coinlib.io):

Antara Framework: Custom Blockchain Supply Chain Solutions

Blockchain supply chain management is rapidly improving the efficiency of global trade. In a global economy that’s becoming more interconnected by the day, blockchain technology offers digital solutions to better ensure the origin, authenticity, and quality of products across various economic sectors.

Komodo is a platform that’s well-positioned to offer blockchain supply chain solutions. With the Antara Framework, Komodo’s toolkit for end-to-end blockchain development, businesses have the ability to compose and deploy a custom supply chain management system. This is true across multiple verticals and blockchain use cases.

Smart Chains, which make up the first layer of Antara, are customizable and modular. Operators of smart chains have complete autonomy to determine their own consensus rules, hashing algorithm, pre-mine supply, block time, block rewards, size and frequency of reductions in block rewards, and privacy settings.

On top of that, Smart Chains are modular, in that they come equipped with the Antara Module library. The desired modules can be activated as needed, like building blocks, while the rest are set aside. Optional modules include tokenization, trustless oracles, a quantum-secure blockchain module, a stablecoin solution, channels for instant micropayments, and much more.

In April 2019, HempCoin (THC) announced its decision to migrate to the Komodo blockchain. HempCoin is using Komodo’s Antara Framework to build and deploy HempTRAC, a blockchain supply chain management solution for tracking and tracing hemp shipments. HempCoin chose Komodo specifically for several reasons.

First, many blockchains require gas fees that add significant operational costs, as additional data is stored on the ledger. Komodo instead uses a feeless solution for on-chain transactions that reduces friction for farmers, distributors, regulators, and other parties interested in adopting HempTRAC.

Second, Komodo’s innovative delayed Proof of Work (dPoW) security mechanism protects against 51% attacks. This security service provides Bitcoin-level security at a tiny fraction of the cost.

Finally, Antara Framework gives HempCoin a simple yet feature-rich platform to implement the complex business logic needed to run a seamless and efficient global supply chain.

To learn more about blockchain-based supply chain management and 5 projects working on blockchain supply chain solutions check out this article on Komodo’s official website.

Komodo’s Role In Building The Decentralized Internet

As mentioned above, Komodo’s AtomicDEX is one prominent example of a decentralized application.

The Komodo Dev Team is also working to build the infrastructure necessary for applications to run more efficiently on the decentralized internet. Komodo Lead Developer jl777 has created a superlight client called nSPV, which enables blockchain transactions to verify much quicker while continuing to maintain a high level of security.

This technology was first introduced in August 2019 and solves many of the limitations of existing solutions (i.e. Electrum SPV). The Komodo team is continuing to develop nSPV and exploring how it can be integrated into existing decentralized applications. Web browser extensions, IoT devices, and blockchain gaming applications are just a few use cases in which this technology could be applied to advance the adoption of Web 3.0.

Read more about the decentralized internet, peer-to-peer protocols and applications that are playing an integral role in the growth of the decentralized internet on Komodo’s website.