OAX is an ERC20 token developed to fuel an open-source decentralized exchange platform “openANX” which provides an aggregated order book to increase liquidity; holds collateral for asset gateways to reduce credit risk; and features an off-chain, predetermined dispute resolution system governed by the Decentralized Autonomous Organization(DAO) to maximize consumer protection.
Insolar is a global technology company building public and private blockchain solutions on the Insolar Blockchain Platform, which is a reportedly secure, flexible, and scalable blockchain for business. Insolar Blockchain Platform is a solution which streamlines interactions between companies. The platform’s key features, as described by the team, are unlimited scalability, security, simplified development, interoperability, user protection, and regulatory compliance. The Insolar team consists of 70 people (of which 45 are engineers and researchers) in 5 countries, including the US and Switzerland. The team utilizes the knowledge of engineers and industry veterans to help organizations explore blockchain use cases and tackle technological, operational, and strategic risks.