Top 10 Blockchain companies to watch out for in 2018
The ‘World Economic Forum’ anticipates that 10% of global GDP will be stored on the blockchain by 2025. Researchers project that by 2030, there will be more trillion-dollar tokens than there will be trillion-dollar companies. These hypotheses have witnessed people jump on the bandwagon attempting to ride the blockchain wave. But, what about the foundation?
The surge in startups and enterprises trying to explore the realms of this technology and to bring new age innovation has led to significant developments in this nascent new-age tech.
From finance to real estate, logistics to corporate solution, there is a digital mountain for the blockchain technology to climb. Here, we take a look at the top 10 Blockchain companies leading the way up.
1. NEM
NEM’s blockchain platform was designed and coded from the ground up for scale and speed. NEM’s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers. And its revolutionary consensus mechanism and the Supernode program ensure that NEM’s open, public blockchain can grow without compromising stability.
NEM is also catering the educational sector amongst the country lines via its foundational and technical support, which is strongly run by blockchain technology. More or less, this Singapore incorporated company is our new scale to measure heights of development.
India’s leading Blockchain company, Auxesis group has grown to great heights in a span of three years. Providing blockchain based solutions with customizable and interoperable smart contracts, the company has established key partnerships with some big enterprises. The company has also successfully implemented government projects onboarding over fifty million users on its platform.
Their flagship project, Auxledger, enables organizations to build a customized network as per the business need & compliance requirement. The multi-tiered networks deployed on Auxledger public network ensures data integrity across the ecosystem while maintaining interoperability with other networks using Auxledger decentralized consensus protocol.
Auxesis is now deeply focussing on Private Blockchain solutions with its enterprise grade blockchain infrastructure, focused on product-readiness: security, performance and scalability. Ther ecosystem powers decentralised applications on its network, tailored to the specific needs of a particular industry.
3. NEO
NEO is a blockchain platform and cryptocurrency designed to build a scalable network of decentralized applications. The base asset of the NEO blockchain is the non-divisible NEO token which generates GAS tokens that can be used to pay for transaction fees generated by applications on the network. NEO supports a wide variety of commonly used programming languages such as Javascript, C#, Python, Java, and Go, by using a customized version of Docker called NeoVM that compiles the code into a secure executable environment. NEO’s smart economy contract now positions itself amongst the world’s top blockchain platforms. One significant feature of NEO is its identity spectrum, which verifies the identity information of individuals, organizations, and other entities that exist in electronic form.
4. BLOCK.ONE
Block.one designs free market systems to secure life, liberty, and property by publishing open source software that is free for everyone to use.
Block.one is a software publisher specializing in high performance blockchain technologies. Its first project, EOSIO, an open-source blockchain protocol designed to enable secure data transfer and high-performance decentralized applications, has received global recognition as the first performant blockchain platform for developers, following its introduction in May 2017.
5. R3
R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 200 members and partners across multiple industries from both the private and public sectors to develop on Corda, an open-source blockchain platform, and Corda Enterprise, a commercial version for enterprise usage.
Corda platform is already being used in industries from financial services to healthcare, shipping, insurance and more. It records, manages, executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce.
6. Cardano
Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers. The innovation that brings in concepts of regulations on distributed systems, mechanical design and cryptography. It has a multilayered architectural protocol performs higher level functions and has been solidly composed to create a stronger and sole blockchain platform amongst all.
The upcoming talents in the blockchain mastermind are more than a film to play on. Stratisplatform offers simple and affordable end-to-end solutions for development, testing and deployment of native C# blockchain applications on the .Net framework. From Fintech to Internet of Value and emerging technologies, their C# and .Net development, deployment and consulting capabilities can help streamline and accelerate a firm’s blockchain project development process. Their proprietary enterprise-grade development platform nStratis, combines the latest advances in security and stability of Bitcoin with the latest breakthroughs in network speed, scalability and customization.
8. Storj
The need of the hour for all businesses and industry, the compact issue of storage is resolved by blockchain based platform Storj. Helping businesses weaving tomorrow’s internet Storj is essentially compiling the client — side encryption of data to make it simple, impeccable and scalable along with the customer’s needs. With its open source program, the company has created many mutually beneficial relationships with top open-source companies from around the world. Through an affordable, resilient and easy to use open source platform, Storj is amongst world’s top blockchain vendors to recreate the blockchain technology efficiency.
9. Tendermint
Consensus based Byzantine-fault tolerant state machine replication, Tendermint, is joining the heads to heal the globe with the blockchain technology. The company has been contracted by the Interchain Foundation to transport the preliminary version of the Cosmos Network for the launch of its Cosmos Hub. Building the high value public blockchain softwares, company’s promising Cosmos ecosystem has a clear vision of its role paving way in the top 10 list. With the roots of safety, security, and flexibility in their solutions, Tendermint is positioning itself in the world of Blockchain economy.
10. IBM Blockchain
IBM today, is the backbone of blockchain related business where Cryptos can scroll down more aspects than before. IBM Blockchain Platform’s enterprise-grade security, control and ease-of-use are catalysts for radical change among blockchain disruptors everywhere. With more than 1,500 industry and technical experts, IBM Blockchain Services is the place to start, accelerate and innovate your blockchain network. IBM is bringing together an expansive partner community of innovators, regulators and suppliers, work with the IBM Blockchain Ecosystem.
Also, IBM has partnered with India’s leading blockchain company, Auxesis to blockchain-ize the largest democracy in the world.
The aim of supplying blockchain solutions without any corruption and contamination IBM is doing a great alteration in the blockchain industry.
We are on the cusp of witnessing the Blockchain Revolution. Blockchain technology will serve the fast paced future with not just better efficiency but will also cater the much needed privacy and integrity. It is indestructible and immutable for all kinds of platform.
