Start-ups moving towards blockchain technology in 2018!
The first application of blockchain technology that has attracted worldwide attention is Bitcoin, the first digital currency. Blockchain creates a decentralized book which operates on the network of intelligent contracts. Blockchain is able to provide high security 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.
Below are the lists of start-up businesses that will bring changes in the future –
It is a Estonian company. Given that 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 intelligent contracts to the general public without comprehensive blockchain experience. Agrello’s creates an interface that allows users to easily create their legally binding intelligent contracts over the Ethereum network. For this, they do not need extensive programming experience or legal knowledge.
Elastos started in 2000. It focuses on the development of an Internet operating system which re-decentralizes the Internet with blockchain. He is producing a new secure operating system (Dapps) that runs peer-to-peer without centralized control. It will aim to make digital assets rare, distinctive and marketable.
Everex plans to offer the opportunity to use services such as foreign exchange, microfinance, etc., for 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 to cryptocurrencies through the Everex platform. This cryptocurrency token will be equal to the specified fiat currency.
Puregold created in 2010 is becoming the first payment gateway using a gold-backed cryptocurrency. The name of the port called “PG_PAY”. This includes various payment terminals, ATM Gold and high security mobile money transactions. The Puregold team used Blockchain Ethereum technology and successfully established a gold e-commerce business network of gold-backed cryptocurrencies
There are many blockchain applications appearing to make things more organized and secure.
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