9 Blockchain And Cryptocurrency Companies All Set For 2019. Blockchain and cryptocurrencies are facing increased scrutiny by regulators and post-bubble market dynamics. Several new projects and established companies are in line to enter the cryptocurrency market.
As the cryptocurrency market begins to stabilize, the media cycle switches gears. Also, regulators provide greater clarity, conditions are perfect for a renaissance.
According to brief research among crypto veterans, there are several blockchain projects and companies that spark interest this upcoming year.
New challenges emerge to take on Ethereum
9 Blockchain And Cryptocurrency Companies All Set For 2019. While Ethereum has had a bumpy year, few doubt its future potential. In fact, many analysts are bullish and expect to see a trend reversal as we approach the end of 2018.
However, global blockchain innovation is not slowing down and new players are dead set on grabbing Ethereum’s place in the crypto hierarchy. As we approach the year 2019, the following companies can be considered as top challengers to Ethereum’s perceived dominance. These three platforms have taken big leaps in recent months and pose a real challenge to Ethereum.
As Ethereum and Bitcoin work hard to iron out their individual issues concerning governance, economics, and security, Qtum continually refines their Proof of Stake platform. By incorporating the best parts of both Bitcoin and Ethereum, Qtum is a secure smart contract solution. Thus, representing what could eventually be the next phase of the blockchain.
The company recently released its x86 virtual machine. Hence, this will propel its value proposition over Ethereum by welcoming developers who code in any language. It has also encoded segwit by default, opening up interoperability with the Lightning Network (a cross-blockchain efficiency protocol).
Qtum plans to launch QtumX in 2019, which will help major corporations take advantage of optimized smart contract automation, effectively welcoming the “mainstream” to the blockchain.
In a recent integration with Amazon, QTUM is providing a smart contract development platform on the AWS marketplace. AWS users and developers will now have the ability to develop and launch smart contracts via an Amazon Machine Image (AMI) efficiently, and cost-effectively.
At a time when new, disruptive platforms like Netflix are draining the dollars out of their respective industries, TRON aims to take it a step further. Instead of a centralized entity that chooses what content to host and how users can consume it, TRON puts this responsibility in the hands of the people. What results is a decentralized marketplace where people can host, store and consume user content on their own terms and free of middlemen.
TRON takes action when it comes to developing itself. The purchase of BitTorrent and the launch of Project Atlas proved this. 9 Blockchain And Cryptocurrency Companies All Set For 2019.
Aelf is building a scalable blockchain and decentralized cloud computing network. It wants to make blockchains more workable in the real world by increasing the number of transactions per second (TPS) that they can handle.
While major blockchains like Ethereum and Bitcoin struggle to manage double-figures TPS, Aelf has proven that it can handle 15,000. This is done by splitting each single node into two clusters, spread over multiple computers.
The goal is to make blockchains more feasible for businesses and enterprises that work with large volumes of data, bringing the technology into the mainstream.
Veridium is an environmental blockchain company, producing sustainability solutions for Fortune 500 companies and collaborating with IBM.
Using a set of proprietary protocols developed by EcoSmart Labs, this project has created a tokenized carbon offset solution. This is to bring new liquidity to environmental trading markets and create simplified carbon accounting for enterprise users. The protocols also offset the carbon emissions associated with the digital token itself. Thereby, mitigating the growing concern over the carbon emissions associated with the blockchain industry.
As cryptocurrency remains the top blockchain idea to gain adoption with retail users, and crypto assets mature, it becomes necessary to use more complex tools.
For ambitious crypto investors, companies like Caspian have created a dashboard that allows one to build and control their own fund, including asset allocation and re-balancing tools, order execution management and connectivity with all major exchanges. Its crypto fund management suite is already in use and partnered with Coinbase to deliver their solution to the masses.
Caspian is an evolved cryptocurrency trade and risk management interface, like a universal remote commanding various exchanges, trades, and assets in a portfolio.
It is an open-source protocol for blockchain-based verification of goods and services. Devery removes the need for trust by leveraging unique, verifiable identifiers for products and services that are immutably stored on the blockchain.
Users can integrate the Devery protocol that can use for application-level verification services. The inherent transparency of the underlying blockchain provides authentication and provenance. Thus, facilitating a competitive market of third-party verification services – for specialty commercial markets such as e-commerce or luxury counterfeiting.
Can blockchain startups disrupt innovative industries?
Several companies are adopting blockchain technology. These following companies are trying to change several different industries using blockchain.
MediBloc is a decentralized, open-source healthcare data platform, designed to give full ownership of personal data to patients with permission access control. Also, it is an opportunity to monetize its data. As part of its ecosystem, participants such as medical institutions, research organizations, insurers, and healthcare providers can find a secure and transparent exchange of data.
MediBloc intends to shift the medical data paradigm to a patient-centric approach. It builds a medical information economic ecosystem with consumers at its core. Also, the ability for medical services to build on top of the platform.
Blockchain exists in thousands of different shapes and sizes. The interoperability of all these disparate blockchains is an ever-present question facing the usefulness of blockchain, and while some have tried to connect blockchains, Cardstack suggests a different approach.
Its system represents individual dApps or platforms as cards, and users can create custom business flows or services for themselves. This is by stacking different “cards” on top of one another or in a certain order.
This open source framework is catching fire with developers who recognize its potential to tscale blockchain for the mass market. However, the media is abuzz with rumors of new “Super dApps” spurred by the existence of platforms like Cardstack, which create the idea of “software orchestration”. Such a concept has a pertinent place in blockchain’s future and is likely to gain momentum in the coming years.
Virtual reality (VR) is always a hot field. Some projects ,however, offer a universal, secure and transparent currency for the world of virtual reality. The VR industry is seriously growing, and CEEK is such a company that wants to use blockchain and crypto tokens to allow flexible interactions and transactions – in a virtual universe.
It has an existing VR infrastructure, including virtual venues where users can attend sports events. Also, watch live music concerts, sit in classrooms and so on. Its token offers secure transactions and the ability for users to own virtual items. The platform uses proof of stake and voting to give users a level of control and choice over what happens in the virtual world.