Asia’s Top 10 Blockchain Companies That Are Forefront Of Technology
Most people equate blockchain with cryptocurrencies as a new technical recording method. However, this revolutionary technique has many more applications that have considerably impacted other industries. According to Don and Alex Tapscott, two experts in blockchain technology, “the blockchain is an irreversible digital database that can be programmed to record almost anything of value.” Possible benefits of this technology include more openness and accountability, lower costs for businesses, and new ways to solve social problems. Top 10 of Asia explores (in random order) some of the companies at the forefront of this innovative technology, proving that it is more than a buzzword.
Oscar Darmawan and William Sutanto founded Bitcoin Indonesia in 2014 under Indodax (Bitcoin.co.id). Indodax is the most prominent digital asset exchange in Indonesia. As Southeast Asia’s first blockchain company, it connects buyers and sellers to make it easier to trade digital assets using the Indonesian Rupiah. Bitcoin.co.id has served over 1.5 million Southeast Asian customers in only four years.
Tripio employs blockchain technology to create a decentralized marketplace for hospitality services. The Singaporean firm connects customers and service providers through a peer-to-peer network. It gives consumers access to a global database of around 450 thousand hotels, homestays, and other types of lodging. Tripio is one of the projects that followed a strict process to get listed on the Huobi Hadex digital currency exchange. This process included an evaluation by two trustworthy groups and a vote by the community.
Also read: Top Ten Blockchain & Web3 Enterprise Development Services in 2022
Many of us have dealt with the problems and often huge fees that come with sending or receiving money. Toast is a Singaporean company that provides remittance services to Singaporean migrant workers. Using blockchain technology, Toast can provide lower remittance rates than banks and shorter average wait times than money transfer outlets.
Amilabs is a Bangkok-based fintech business that offers blockchain-based software development and consulting services. Through its Everex Wallet, Ethplorer, and Chainy products, the firm employs Ethereum’s innovative contract technology for asset digitization, wallet creation, and other blockchain-based services. Everex, which used to be called Midas Rezerv, is their most important project. It lets people invest, trade, and pay with real gold using Bitcoin technology. The gold is kept in safe vaults that are fully insured, can be inspected, and have bank guarantees and care documentation.
DXMarkets incorporates blockchain technology into enterprise-level financial processes, increasing productivity and reducing costs. It uses several blockchain platforms to make solutions for each client that are unique, scalable, and universal.
LALA World is a well-established, fast-developing technological company constructing a worldwide financial ecosystem for the poor utilizing blockchain. LALA World is building a global digital, decentralized financial ecosystem to help integrate immigrants, refugees, people without papers, microentrepreneurs, and students. Lala World is a social company that started in 2016 and is based in Singapore. It works in five countries and has more than 100 global partners, including government agencies and non-governmental organizations.
☘️Top VCs in Asia Investing #Crypto & #Blockchain Companies Globally (Jan 2021 – Jun 2022)⛺️@AU21Capital @fenbushi @gbvofficial @HashKey_Capital @NGC_Ventures @KeneticCapital @IOSGVC @Morningstar_vc @AscensiveAsset @sequoia @master_ventures @BasicsCapital @PlayVentures pic.twitter.com/2XH8Whehd8
— TokenHunter (@_TokenHunter) September 1, 2022
Patron is a Japanese company whose goal is to give influencers access to next-generation services and to build a platform that offers influencers from all over the world the same status. On this platform, social media users and influencers can post information about influencers, search for it, reserve it, and sell it. It is a one-stop shop for social media-focused businesses and influencers.
Digix is a pioneering blockchain firm that has been in operation since 2014. It is building an ecosystem on the Ethereum (cryptocurrency) blockchain that it hopes will be the gold standard of the 21st century. Its flagship product, DGX, will make investment-grade gold more available to the general public. That helps traditional precious metals businesses reach a wider audience. It employs the security and openness offered by blockchain technology. Since launching its creation in April 2018, it has added more than 88 kilos of 99.99% gold bars to the blockchain, which, at the time of writing, are valued at over USD 3.7 million.
With Gatecoin’s easy-to-use trading platform, people and organizations worldwide can trade and invest in a wide range of cryptocurrencies and blockchain assets. This Hong Kong-based exchange was the first to provide Ethereum’s token, Ether, in 2015. (ETH). Additionally, it was the first to provide direct participation in token generation events (TGEs) or initial coin offerings (ICOs).
Codezeros is a blockchain consulting and advisory firm with offices in India, the US, and Dubai. It offers a wide range of services, from healthcare to fintech, to create business models that work and find solutions for solid ideas.