Trilitech

Trilitech focuses on the open-source Tezos blockchain which competes with the likes of Etherium for developers and users. While it is definitely the smaller of the two ecosystems, Tezos has a major advantage in its environmental credentials: using a liquid proof of stake algorithm, its power consumption is far lower than competing proof of work-based blockchains and the chain's governance is considered to be far more responsive, decentralized and democratic.

All this makes Trilitech's opening of a research hub in London highly significant, as London is a major centre of decentralised finance and Web3 gaming development. The Tezos ecosystem was already the fastest growing environment for Web3 professionals, and Trilitech is well placed to continue to accelerate its adoption among the wider developer community.