TechBuzr
Technology has become so versatile that it can be applied to diverse fields ranging from financial services to web development and to the internet of things. Due to this, many startups have found the blockchain a very interesting thing to use in their various solutions. Today, blockchain presents a plethora of opportunities. Definitely, this is the reason why startups are coming up to explore how they can harness the opportunities that are brought about blockchain technology.
Here are fast growing blockchain startups.
- Blockstream
Blockstream is mainly focused on speeding up the development of cryptocurrency, open asset and smart contact technology. Its first commercial product, known as Liquid was launched in 2015 with a purpose to speed up transfer times between bitcoin transactions. Just recently Blockstream announced raising $55 million which they would use to strengthen the company’s protocol and bring its blockchain technology to a higher level.
- CoinList
CoinList has made easy to manage the sale of tokens, and to date, it has raised more than $800 million in the sale of tokens for various startups. It not only focuses on cryptocurrencies and blockchain startups but also seeks to bring offline transactions online using smart contracts. It has a TrustToken platform which allows you to put a value to any offline asset, like real estate, books or music or anything that can be sold. The value and terms of the deal of the asset are then encoded in a smart contract. CoinList will definitely bring a revolution to the financial services.
- DADI
DADI stands for Decentralized Architecture for a Democratic Internet. DADI, according to its claims is working on bringing a new internet that is faster, safer and fairer, and also that is not controlled by any single large tech company. In fact, it claims to be 60 per cent cheaper than the current internet’s infrastructure.
- Tack
Tack has a goal to bring the potential ability of blockchain to how we use applications. Blockstack or simply Tack wants to eliminate the current infrastructure web and mobile applications which are delivered to people through a third party server, platform or API. It seeks to employ blockchain technology which will store all the information about an application in a decentralized manner. This will eliminate the need of having public servers, thus it will only utilize the private resources to run an app. One is not required to log in because it utilizes a trust-based system to authenticate users.
- SmartContract
SmartContract is looking forward to revolutionizing digital payments and services. It offers a service that allows contracts and payments across leading financial institutions to and payment platforms like PayPal, Chase and MasterCard to happen. This helps eliminate the need for middlemen, thus making transactions cheaper.
- Chain, Inc.
Chain, Inc is always partnering with leading financial institutions to design and develop blockchain networks that. It is focused on building a collection of blockchain-based tools for various institutions like stock exchanges, banks and credit card companies among other leading participants which will allow move, store, transact and manage financial assets faster and securely.
- Otonomos
Otonomos is a blockchain startup based in Singapore which gives entrepreneurs the ability to incorporate their businesses on a digital distributed ledger. In its online service, users can form, fund and even govern their businesses on the blockchain just opening a digital share wallet on it.
