10 Startups are riding the wave with the Future with Blockchain

10 Startups are riding the wave with the Future with Blockchain

Startups
February 1, 2022 by Editor's Desk
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Blockchain is a digital ledger that is distributed to all nodes in the network. The blockchain is a publicly accessible, immutable and tamper-proof ledger. Blockchain technology has been around for more than a decade but it is only in recent years that it has gained traction in the mainstream. Blockchain technology can be used for
10 Startups are riding the wave with the Future with Blockchain

Blockchain is a digital ledger that is distributed to all nodes in the network. The blockchain is a publicly accessible, immutable and tamper-proof ledger.

Blockchain technology has been around for more than a decade but it is only in recent years that it has gained traction in the mainstream.

Blockchain technology can be used for anything from supply chain management to voting systems and even healthcare records.

There are many startups that are riding on this wave with the future of blockchain. These startups have been able to find success because they have been able to find ways to bring blockchain into traditional industries such as finance, healthcare or real estate.

In the last few years, blockchain has been getting a lot of attention. It’s been so promising that IBM has invested over $200 million in research and more than 90% of European and US banks are investing in this technology too. Technology has already reinvented numerous industries across the globe. The introduction of AI systems in this sector will revolutionize government, finance, insurance and identity security among hundreds of other areas.

Over the last few months, we’ve been exploring ways to help people know more about blockchain technology and this has led us to create a list of 10 startups paving the wave with the future of blockchain.

  1. RECURFor those just getting into the world of non-fungible tokens (NFTs), RECUR is a great way to do it. They’re making efforts to streamline transactions and have enabled people not only buy from them but also re-sell their items. RECUR is a blockchain-based digital art and valuable object registry, which aims to provide collectors with exclusive privileges.

  2. ChainalysisBlockchains are new, but they are working to improve trust across the industry by providing banks, government agencies and others with services, software and data crucial to their acceptance. The company’s investigation and compliance software help institutions identify hacked or stolen funds and have been instrumental in solving many high-profile cybercriminal cases. They’ve also made the process of accessing blockchain networks safer.

  3.  Coinbase – is a global digital wallet and portfolio management company that lets users buy and sell cryptocurrency. Coinbase has various features so people can purchase and manage cryptocurrencies, with the ability to buy recurring amounts. They also offer vault protection. The company has serviced $150 billion in trades for over 20 million customers since 2012.

  4. Coinme – Coinme wants to make Bitcoin investing more accessible by teaming with Coinstar and putting ATMs all across America that also allow storage on the Coinme app. In Coinme, you can buy, sell, send and receive bitcoin right from the Coinme app. You can also discover new locations to use cash to buy bitcoin and receive cash for selling bitcoin.

  5. Paxful – It is a marketplace that operates on a peer-to-peer basis and allows you to trade them for more than 350 payment methods. Paxful helps make buying Bitcoin and other forms of digital currency easier. It offers a range of ways to pay for, store and invest in digital currencies. The service covers a global reach, enabling users to transact with other people from anywhere in the world.

  6. Republic – It is a blockchain-powered investment platform that allows users to easily and securely invest in startups, real estate, crypto and even video games. Previously available only for angel investors, it offers great opportunities to people who previously had no access to any such investments. Republic is very selective about which startups they invest in, so there’s a good chance that the startup you’re considering your investment in will get on their list. Plus, with only 3% of applications being accepted, Republic provides peace of mind.

  7. Spring Labs – This company enables faster and more secure information transferring between businesses by making use of blockchain’s power of transparency and real-time data ledger technology. It’s secure because all data is tracked on a public ledger. The blockchain feature of the platform ensures that transactions are secure and that you save money on securing your data. Clients can also verify identities with ease on this platform by prioritizing safety.

  8. Gemini – Gemini is a digital asset exchange whose platform offers you the opportunity to buy, sell and trade cryptocurrencies. The company’s use of blockchain technology should provide its customers with safety but also ironically keep their transactions transparent.

  9. Circle – Circle is an app that makes it easy to transfer money abroad in any currency, including small payments without any exchange rate fees. Circle is also a cryptocurrency investment platform. Circle is based in Boston and recently began offering investment opportunities, so you can grow your wealth with the company’s Virtual Markets initiative.

  10. Netki – Netki provides businesses with the necessary infrastructure to securely see cryptocurrencies through blockchain technology. They believe that this change in finance will rival that of how internet use transformed retail, telecommunications, and media sectors. Smart Contracts are a way to have businesses execute blockchain transactions in a fully legal fashion. Smart contracts ensure that no money goes towards any illegitimate transactions, making the crypto ecosystem safer for everyone.