Start-Ups Moving Towards Blockchain Technology in 2018!2 min read
Start-ups moving towards blockchain technology in 2018!
The first application of blockchain technology which has gained the worldwide attention is Bitcoin, the first digital currency. Blockchain creates a decentralized ledger which works onto the network of smart contracts. The blockchain is able to provide high security by using the concept of public and private keys for authentication. That concludes blockchain technology can be used in any industry where a value is exchanged. This technology has far more applications than just cryptocurrencies.
Below are the lists of start-ups which will bring change in the future –
It is an Estonian company. As smart contracts are the giant component of the 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 comprehensive blockchain experience. Agrello’s creates an interface which allows users to easily create their own legally binding smart contracts over the Ethereum network. For this, they don’t need to have extensive programming experience or legal knowledge.
Elastos started in 2000. It focuses on developing an internet operating system which re-decentralizing the Internet with blockchain.It is producing a secure new operating system (Dapps) that runs peer to peer without centralized control. It will target make digital assets rare, recognizable and tradable.
Everex plans to provide the chance to utilize services like currency exchange, microfinance etc., to the people who lack access to standard financial institutions. They will create a platform using blockchain technology called “cryptocash”. Users can convert their local currency into cryptocash through the Everex platform. This cryptocurrency token will value equal to the specified fiat currency.
Puregold established in 2010 is becoming the first payment gateway using a cryptocurrency supported by gold. The name of the gateway called “PG_PAY”.This includes different payment terminals, Gold ATMs, and mobile money transactions with high security. Puregold’s team used the Ethereum blockchain technology and created an e-commerce gold business network of gold-supported crypt currency successfully
There are lot many applications of blockchain emerging out to make the things more organized and secure.
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