Startups Head to Blockchain Technology in 2018!
Start-ups are moving towards blockchain technology in 2018!
The first application of blockchain technology that caught the world’s attention is Bitcoin, the first digital currency. Blockchain creates a decentralized ledger that operates on the network of smart contracts. 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 value is traded. This technology has many more applications than cryptocurrencies.
Below are the lists of start-ups that will make changes in the future –
It is an Estonian company. As 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 full blockchain experience. Agrello 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 programming experience or legal knowledge.
Elastos started in 2000. It focuses on the development of an Internet operating system that re-decentralizes the Internet with blockchain and produces a new secure operating system (Dapps) that works peer-to-peer without centralized control. It will aim to make digital assets rare, recognizable and tradable.
Everex plans to offer the possibility of using services such as currency exchange, microfinance, etc., to people who do not have access to standard financial institutions. They are going to create a platform using blockchain technology called «cryptocash». Users can convert their local currency into cryptocash through the Everex platform. This cryptocurrency token will have a value equal to the specified fiat currency.
Puregold created in 2010 becomes the first payment gateway using a gold-backed cryptocurrency. The name of the gateway is called «PG_PAY». This includes different payment terminals, Gold ATMs and mobile money transactions with high security. The Puregold team used Ethereum blockchain technology and successfully created a gold-backed cryptocurrency e-commerce gold business network
Many blockchain applications are emerging to make things more organized and secure.
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