The Fantom Foundation is a platform for digital assets and decentralized applications that includes a high-throughput open-source smart contract. It is an experienced blockchain development firm that was founded in 2018 and is headquartered in South Korea. It is a proof-of-stake platform that prevents centralization and saves electricity, aims for higher transparency concerning its work, and is committed to designing building blocks for anyone to utilize from anywhere and customize to their requirements.
The company solves the challenges at the core with its high-speed consensus mechanism, Lachesis, which enables digital assets to function at unprecedented speed and deploys dramatic enhancements across the present systems. The solutions and services provided by the company are as follows: financial markets: digital assets; institutional finance: clearing and settlement; central bank digital currency; decentralised finance; tokenized real estate; smart healthcare; supply chain management; and many more. The company has collaborated with industry leaders such as crypto.com, Travala, Ethereum Classic, Waves Technologies, Okex, Gravity, Suterusus, ONTology, Nem, Coti, Fusion, SKchain, and many others.