Startups are moving to blockchain technology in 2018!
The first application of blockchain technology that attracted worldwide attention was Bitcoin, the first digital currency. Blockchain is creating a decentralized book that works in a network of smart 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 value is exchanged. This technology has many more applications than just cryptocurrencies.
The following is a list of startups that will bring change in the future –
This is an Estonian company. As smart contracts are a giant component of cryptocurrency and blockchain operations, Agrello hopes to revolutionize them
It aims to combine legal documentation with artificial intelligence to present smart contracts to the general public without full experience in the field of blockchain. Agrello’s creates an interface that allows users to easily create their own legally binding smart contracts through the Ethereum network. To do this, they do not need to have extensive programming experience or legal knowledge.
Elastos was launched in 2000. It focuses on developing an online operating system that redecentralizes the Internet through a blockchain. It produces a new secure operating system (Dapps) that runs peer-to-peer without centralized control. It will aim to make digital assets rare, recognizable and commercially available.
Everex plans to enable people who do not have access to standard financial institutions to use services such as currency exchange, microfinance, etc. They will create a platform using blockchain technology called “cryptocash”. Users can convert their local currency into cryptocurrency through the Everex platform. The value of this cryptocurrency token will be equal to the specified fiat currency.
Puregold, established in 2010, becomes the first payment gateway using a gold-backed cryptocurrency. The gateway name is called “PG_PAY”. This includes various payment terminals, gold ATMs and high-security mobile money transactions. The Puregold team used Ethereum blockchain technology and successfully set up a gold-backed e-commerce cryptocurrency e-commerce business network
There are many blockchain apps that appear to make things more organized and secure.
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