Startups moving towards blockchain technology in 2018!
The first blockchain technology application that has caught global attention is Bitcoin, the first digital currency. Blockchain creates a decentralized ledger that works on the smart contract network. The blockchain is able to provide high security by using the concept of public and private keys for authentication. This concludes that blockchain technology can be used in any industry where a value is exchanged. This technology has many more applications than just cryptocurrencies.
The following are lists of start-ups that will bring changes in the future:
It is an Estonian company. Because smart contracts are the giant component of cryptocurrency and blockchain operations, Agrello hopes to revolutionize them.
It aims to combine legal documentation with artificial intelligence to bring smart contracts to the general public without a complete blockchain experience. Agrello’s creates an interface that allows users to easily create their own legally binding smart contracts on the Ethereum network. For this, they do not need to have extensive experience in programming or legal knowledge.
Elastos began in 2000. It focuses on developing an Internet operating system that re-decentralizes the Internet with blockchain. It is producing a new secure operating system (Dapps) that runs peer to peer without centralized control. The goal is for digital assets to be rare, recognizable, and marketable.
Everex plans to offer the opportunity to use services such as currency exchange, microfinance, etc., to people who do not have access to standard financial institutions. They will create a platform using blockchain technology called “cryptocash”. Users can convert their local currency into cryptocash using the Everex platform. This cryptocurrency token will have a value equal to the specified fiat currency.
Puregold established in 2010 is becoming the first payment gateway to use a gold-compatible cryptocurrency. The gateway name is called “PG_PAY”. This includes different payment terminals, Gold ATMs and highly secure mobile money transactions. The Puregold team used Ethereum blockchain technology and successfully created a gold-backed cryptocurrency trading network.
There are many blockchain apps emerging to make things more organized and secure.
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