Ten Most Promising Blockchain Companies

The ten Most Promising Startups Building Stuff With Blockchain Technology

Editor’s note: Below is a list from Tim Swanson, a Bitcoin consultant based in San Francisco who blogs at the site Of Numbers, on the top ten firms built on or incorporating a blockchain.

Blockchains work like giant digital spreadsheets collective by everyone in a decentralized network, and are used to do things like confirm Bitcoin payments. We recently discussed why many are telling the advent of blockchain technology could be as significant the development of the Internet. Swanson chose companies no longer operating in “stealth mode,” and which he believes already provide real value. References to “the” blockchain refer to Bitcoin’s blockchain.

He possesses no equity in any of the companies.

– Coinometrics is attempting to do what few people or organizations in this space have attempted to do: empirically quantify and qualify the actual behavior what is happening on the blockchain. While forum-based armchair philosophers are almost a dime a dozen, data speaks much louder than words. And in this case, co-founder Jonathan Levin has provided both clear analytics and corresponding interpretations of data sets that are valuable to both layman and industrialist alike. As the industry matures, actual data as opposed to hopes and desires will be provide much needed metrics for outside investors, developers and entrepreneurs to concentrate their future endeavors toward.

– Helloblock is Bitcoin infrastructure built specifically for developers. After creating a number of Bitcoin projects, the team led by Sidney Zhang – based in San Francisco – found the developer infrastructure to be raw and primitive; the ecosystem in their view is still at the “TCP/IP” level. And testing is both tedious and time-consuming. Developers in general want to explore the Bitcoin protocol because it offers entirely fresh possibilities with money. Their API reduces these complexities into a JSON interface, so developers can simply concentrate on their idea, not infrastructure – and the API is just the very first step.

– Kraken is a fully compliant digital asset trading platform that goes beyond ordinary market or limit orders, permitting up to nine extra advanced order types and in the future, the potential of margin trading (if pre-approved). They have placed themselves to be a FOREX platform for digital currencies. Based in San Francisco, the team is managed by a group of talented early adopters including Jesse Powell who has stuck with the community through thick and lean.

– BTCJam is a San Francisco-based P2P lending platform that has provided over $Five million in bitcoin-based loans over the past year. Founded in 2013, it is led by Celso Pitta, a Brazilian with industry practice building statistical models at Citi and who had first-hand practice with living in a country with high interest rates (200% for credit cards).

– BlockCypher is one of the very first Platform-as-a-service (PaaS) infrastructure companies in Bitcoin. The team rebuilt the Bitcoin platform from the ground-up and optimized it for the cloud, exposing web APIs and callbacks for developers to lightly build and scale applications on. This team is led by Catheryne Nicholson, who brings a different way of thinking in a largely male-dominated segment. She and her co-founder Matthieu Riou have a long history of building large-scale platforms together. Both want to grow the Bitcoin developer ecosystem and encourage more women to participate.

– DigitalTangibleTrust aims to be a liquidity provider and marketing fucking partner for hard assets that are difficult to monetize, but can be lightly digitized into cryptocurrencies and then traded on any centralized or peer-to-peer exchange. Whether you are buying digital gold bullion from the United Kingdom or digital mineral rights in Texas, led by a cryptofinance and experienced marketing team in San Francisco, they are attempting to thrust the edge of blockchain innovation building an investment portfolio that will consist of coins it has issued as ownership rights to these unique assets. Since its modest beginnings in early 2014, in a brief month they have thousands of hard assets in custody and emerge determined to digitize all things.

– Ripple Labs is a San Francisco-based company that is building commercial applications and infrastructure around the Ripple protocol. Founded in September 2012, Ripple Labs has built a distributed trustless exchange system around a consensus ledger as opposed to a blockchain. While there are many similarities inbetween the two technologies and even some of the company employees (both David Schwartz and Stefan Thomas, were early Bitcoin adopters and developers), Ripple Labs is attempting to bridge the digital world with the traditional financial sector, connecting isolated payment systems into one rail.

– Bifubao is not just another wallet provider. Known as Bitfoo internationally, this Beijing-based international team comprised of Americans and Chinese developers became the very first commercial developer to implement proof-of-reserves. Proof-of-reserves is a Merkle tree-based mechanism developed by Greg Maxwell in February 2014, to enable exchanges and hosted wallet companies to cryptographically proof to the public that they have the assets they claim to have, yet not exposing the privacy of their customers.

– Coinbase grew from a puny hosted wallet company in mid-2012 to become one of the largest companies in the ecosystem. Based in San Francisco, it began two thousand thirteen with a mere 13,000 wallets, growing to one million in under fourteen months (Three months quicker than its competitor, Blockchain.info). Its services have since expanded to include merchant support for companies such as Overstock.com.

– BitPay is an Atlanta-based payment gateway, one of the very first three rd party merchant support payment systems. Their system enables merchants to accept bitcoins, locking them into fiat conversion rates that helps protect merchants from currency fluctuations and TigerDirect is one of its ems of thousands of supported companies.

– BitPagos is also in the merchant solution space however instead of simply converting bitcoins into fiat, they are attempting to help merchants stir in the opposite direction: accumulating bitcoins. Led by Argentinian Sebastian Serrano, who experienced first-hand the rampant inflation of the early 2000s in Argentina, this San Francisco-based team is focused globally but especially with respect to emerging economies such as those in Latin America.

Ten Most Promising Blockchain Companies

The ten Most Promising Startups Building Stuff With Blockchain Technology

Editor’s note: Below is a list from Tim Swanson, a Bitcoin consultant based in San Francisco who blogs at the site Of Numbers, on the top ten firms built on or incorporating a blockchain.

Blockchains work like giant digital spreadsheets collective by everyone in a decentralized network, and are used to do things like confirm Bitcoin payments. We recently discussed why many are telling the advent of blockchain technology could be as significant the development of the Internet. Swanson chose companies no longer operating in “stealth mode,” and which he believes already provide real value. References to “the” blockchain refer to Bitcoin’s blockchain.

He possesses no equity in any of the companies.

– Coinometrics is attempting to do what few people or organizations in this space have attempted to do: empirically quantify and qualify the actual behavior what is happening on the blockchain. While forum-based armchair philosophers are almost a dime a dozen, data speaks much louder than words. And in this case, co-founder Jonathan Levin has provided both clear analytics and corresponding interpretations of data sets that are valuable to both layman and industrialist alike. As the industry matures, actual data as opposed to hopes and wishes will be provide much needed metrics for outside investors, developers and entrepreneurs to concentrate their future endeavors toward.

– Helloblock is Bitcoin infrastructure built specifically for developers. After creating a number of Bitcoin projects, the team led by Sidney Zhang – based in San Francisco – found the developer infrastructure to be raw and primitive; the ecosystem in their view is still at the “TCP/IP” level. And testing is both tedious and time-consuming. Developers in general want to explore the Bitcoin protocol because it offers entirely fresh possibilities with money. Their API reduces these complexities into a JSON interface, so developers can simply concentrate on their idea, not infrastructure – and the API is just the very first step.

– Kraken is a fully compliant digital asset trading platform that goes beyond plain market or limit orders, permitting up to nine extra advanced order types and in the future, the potential of margin trading (if pre-approved). They have placed themselves to be a FOREX platform for digital currencies. Based in San Francisco, the team is managed by a group of talented early adopters including Jesse Powell who has stuck with the community through thick and lean.

– BTCJam is a San Francisco-based P2P lending platform that has provided over $Five million in bitcoin-based loans over the past year. Founded in 2013, it is led by Celso Pitta, a Brazilian with industry practice building statistical models at Citi and who had first-hand practice with living in a country with high interest rates (200% for credit cards).

– BlockCypher is one of the very first Platform-as-a-service (PaaS) infrastructure companies in Bitcoin. The team rebuilt the Bitcoin platform from the ground-up and optimized it for the cloud, exposing web APIs and callbacks for developers to lightly build and scale applications on. This team is led by Catheryne Nicholson, who brings a different way of thinking in a largely male-dominated segment. She and her co-founder Matthieu Riou have a long history of building large-scale platforms together. Both want to grow the Bitcoin developer ecosystem and encourage more women to participate.

– DigitalTangibleTrust aims to be a liquidity provider and marketing fucking partner for hard assets that are difficult to monetize, but can be lightly digitized into cryptocurrencies and then traded on any centralized or peer-to-peer exchange. Whether you are buying digital gold bullion from the United Kingdom or digital mineral rights in Texas, led by a cryptofinance and experienced marketing team in San Francisco, they are attempting to shove the edge of blockchain innovation building an investment portfolio that will consist of coins it has issued as ownership rights to these unique assets. Since its modest beginnings in early 2014, in a brief month they have thousands of hard assets in custody and show up determined to digitize all things.

– Ripple Labs is a San Francisco-based company that is building commercial applications and infrastructure around the Ripple protocol. Founded in September 2012, Ripple Labs has built a distributed trustless exchange system around a consensus ledger as opposed to a blockchain. While there are many similarities inbetween the two technologies and even some of the company employees (both David Schwartz and Stefan Thomas, were early Bitcoin adopters and developers), Ripple Labs is attempting to bridge the digital world with the traditional financial sector, connecting isolated payment systems into one rail.

– Bifubao is not just another wallet provider. Known as Bitfoo internationally, this Beijing-based international team comprised of Americans and Chinese developers became the very first commercial developer to implement proof-of-reserves. Proof-of-reserves is a Merkle tree-based technology developed by Greg Maxwell in February 2014, to enable exchanges and hosted wallet companies to cryptographically proof to the public that they have the assets they claim to have, yet not exposing the privacy of their customers.

– Coinbase grew from a puny hosted wallet company in mid-2012 to become one of the largest companies in the ecosystem. Based in San Francisco, it began two thousand thirteen with a mere 13,000 wallets, growing to one million in under fourteen months (Trio months quicker than its competitor, Blockchain.info). Its services have since expanded to include merchant support for companies such as Overstock.com.

– BitPay is an Atlanta-based payment gateway, one of the very first three rd party merchant support payment systems. Their system enables merchants to accept bitcoins, locking them into fiat conversion rates that helps protect merchants from currency fluctuations and TigerDirect is one of its ems of thousands of supported companies.

– BitPagos is also in the merchant solution space however instead of simply converting bitcoins into fiat, they are attempting to help merchants stir in the opposite direction: accumulating bitcoins. Led by Argentinian Sebastian Serrano, who experienced first-hand the rampant inflation of the early 2000s in Argentina, this San Francisco-based team is focused globally but especially with respect to emerging economies such as those in Latin America.

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