Perlin describes itself as a leaderless, scalable, PoS smart contract platform that aims to power the future of decentralized technologies and accelerates the transformation of international trade.
Wavelet (Perlin's ledger, a DAG-based probabilistic consensus mechanism) is a highly scalable, PoS smart contract platform that is reportedly able to achieve a throughput of 31,000+ TPS and has 0 to 4 second time to finality. It also has a leaderless proof of stake protocol which does not use committees or delegation.
Perlin is currently focused on the $US 11 Trillion international trade market with its distribution partners such as the International Chamber of Commerce, Enterprise Singapore, and Dubai Chamber of Commerce.