Start-ups are moving towards Blockchain technology in 2018!

Startups are moving towards blockchain technology in 2018!

The first application of blockchain technology that attracted worldwide attention was Bitcoin, the first digital currency. Blockchain creates a decentralized ledger that runs on 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.

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

Agrello

It is an Estonian company. As smart contracts are a huge component of cryptocurrency and blockchain operations, Agrello hopes to revolutionize them

It aims to combine legal documentation with artificial intelligence to introduce smart contracts to the general public without a comprehensive blockchain experience. Agrello’s creates an interface that allows users to easily create their own legally binding smart contracts over the Ethereum network. For this, they do not need extensive programming experience or legal knowledge.

Elastos

Elastos started in 2000. It focuses on the development of an Internet operating system that re-decentralizes the Internet using blockchain. It produces a new secure operating system (Dapps) that runs peer-to-peer without centralized control. The goal is for digital assets to be rare, recognizable and exchangeable.

Everex

Everex plans to provide an opportunity to use services such as currency exchange, microfinance, etc., to 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 cryptocash through the Everex platform. The value of this cryptocurrency token is equal to the specified fiat currency.

Puregold.io

Founded in 2010, Puregold becomes the first payment gateway to use a gold-backed cryptocurrency. The name of the gateway is called “PG_PAY”. This includes various payment terminals, Gold ATMs and mobile money transactions with high security. Puregold’s team used Ethereum blockchain technology and successfully created a gold cryptocurrency e-commerce business network backed by gold

There are many blockchain applications emerging to make things more organized and secure.

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