Blockchain Technology: Start-Ups Moving in That Direction in 2018!

blockchain technology adoption by startups in 2018

Bitcoin, the first digital currency, is the first blockchain-based application that has attracted attention on a global scale. Blockchain establishes a decentralized ledger that integrates with the system of smart contracts. The idea of using public and private keys for authentication allows the blockchain to offer very high security. That means that any industry where a value is exchanged can use blockchain technology. Beyond cryptocurrencies, this technology has a wide range of uses.

Below are the lists of start-ups which will bring change in the future –

Agrello

The company is from Estonia. As smart contracts are the giant component of the cryptocurrency and blockchain operations, Agrello hopes to revolutionize them

It aims to bring smart contracts to the general public without extensive blockchain experience by fusing legal documentation and artificial intelligence. Over the Ethereum network, Agrello’s interface enables users to quickly and easily create their own legally binding smart contracts. They don’t need to have a lot of programming or legal knowledge for this.

Elastos

Beginning in 2000, elastos. It focuses on creating an internet operating system that uses blockchain to re-decentralize the internet. It creates secure new operating systems (Dapps) that operate peer to peer without centralized control. The goal is to increase the scarcity, tradeability, and recognition of digital assets.

Everex

Everex wants to give people the opportunity to use services like microfinance and currency exchange., to the people who lack access to standard financial institutions. They will create a platform using blockchain technology called “cryptocash”. The Everex platform allows users to exchange their local currency for cryptocurrency. This cryptocurrency token’s value will be the same as the designated fiat currency.

Puregold.io

The first cryptocurrency-backed payment gateway, Puregold, was launched in 2010 and uses gold as its backing. The name of the gateway called “PG_PAY”.This includes various payment terminals, Gold ATMs, and highly secure mobile money transactions. Puregold’s team used the Ethereum blockchain technology and created an e-commerce gold business network of gold-supported crypt currency successfully

Blockchain is being used in a wide variety of ways to improve organization and security.

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