With a sudden rise in blockchain startups, you can get unsure on who to bet your money on. Though blockchain technology is not mainstream, yet around $1 billion has been already invested in the future of this market. With that much money flowing through the veins of this system, we sure want to get our hands on it as quickly as possible.
GO GRAB EM!
So, for you, we have compiled a list of blockchain startups who are making splashes in the changing landscape.
This is cleverly named startup is after the smart contract technology used in the blockchain. It provides a smart contract service that enables contracts and payments across many leading banks and payment platforms like HSBC, MasterCard, and PayPal. It eliminates the middleman and is much faster and safer. There isn’t anything extraordinarily exciting about this startup, but we do know that it is pretty useful.
This is a social media application that allows you to stay in touch with your industrial device. It gives life to your machine and makes it capable to emit messages about its performance and activities. It can turn an industrial device into a talking machine!
For all my geeky buddies out there, Filament uses a Blocklet USB device that connects with any industrial machine via USB and transmits data from the machine to the larger network. It works on a close-gate on-premise system, simply put, cloud environment. They are planning to improve by coming up with much microchips that are more efficient than their current system.
A very self-explanatory name, the startup handles all sorts of ledgers for applications. Its aimed at application developers to let them focus on building great apps without them worrying about scale and maintaining their ledgers. The chain is set out to solve an important and specific challenge. With a clear goal and pinpoint target audience, we can expect to hear more about it in the coming future.
We a clearly defined yet simple goal in mind, this startup aims to remove the third party servers that run our application. It wants to break the traditional model and store all the information about the application in a decentralized way.
It mainly relies on private resources to run the app; making use of the trust-based system to authenticate users. Considering the on-going debate of how apps use your information to sell it out to companies, with this you are sure where your data is going.
This is one is bringing blockchain to clinical trials. Over 70% of the people end up dropping out of clinical trials midway. To compensate for this, the trial conductors end up picking a larger sample size in case participants leave in the end. What this blockchain does is that it matches most suitable trial participants with the clinical trial. This makes the painstaking task of choosing a sample much easier.
2019 seems to promise a ton of new developments in the blockchain world. As they start delivering, we can expect to see new and improved solutions to the existing infrastructure.