It is a protocol and network designed to create a content-addressable, peer-to-peer method of storing and sharing hypermedia in a distributed file system. | It is a platform that helps users to establish a certain private Blockchains that can be used by the organizations for financial transactions. |
IPFS is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. In some ways, IPFS is similar to the World Wide Web, but IPFS could be seen as a single BitTorrent swarm, exchanging objects within one Git repository. In other words, IPFS provides a high-throughput, content-addressed block storage model, with content-addressed hyperlinks.[11] This forms a generalized Merkle directed acyclic graph (DAG). IPFS combines a distributed hash table, an incentivized block exchange, and a self-certifying namespace. IPFS has no single point of failure, and nodes do not need to trust each other not to tamper with data in transit. | Smart contracts are not needed;
Flexible asset metadata;
Permissioned follow-on issuance;
Atomic multi-asset payments;
Multi-way atomic asset exchanges;
Multi-signatures for security and escrow;
Subscribe to an asset to query transactions. |
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A decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference.

It is a collaborative effort created to advance blockchain technology by identifying and addressing important features and currently missing requirements. It leverages container technology to host smart contracts called “chaincode” that comprise the application logic of the system.

It is a software which can be used to achieve Byzantine fault tolerance (BFT) in any distributed computing platforms. It consists of two chief technical components: a blockchain consensus engine and a generic application interface.

It is a lightweight, highly modular, reactive, type safe Java and Android library for working with Smart Contracts and integrating with clients (nodes) on the Ethereum network. This allows you to work with the Ethereum blockchain, without the additional overhead of having to write your own integration code for the platform.

It is an open source protocol which is designed to allow fast and cheap transactions.

It is designed to merge the best of two worlds: the “traditional” distributed database world and the “traditional” blockchain world. With high throughput, low latency, powerful query functionality, decentralized control, immutable data storage and built-in asset support.

It is free software that allows anyone to build their own secure, low-cost, run-anywhere applications using blockchain and smart contract technology.

It is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. It is an open source, global payment network that is fully decentralized without any central authorities.

A library and SDK built for building decentralized web and grid computing projects.

Blockchain Infrastructure for the Decentralised Web From the Substrate blockchain framework to Polkadot, the sharded protocol enabling blockchains to operate seamlessly together at scale, Parity builds the foundation of Web 3.0.