Tuesday, February 9, 2016

Blockchain and startups

Following are some of the startups who are using blockchain. 
  1. Ethereum: Ethereum is a decentralized platform   that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. Ethereum also contains a programming language which developers can use to build their own Blockchain applications.

  2. 2.       tØ is a blockchain-based trading platform created by online retail giant Overstock which aims to revolutionise securities by making trade and settlement occur simultaneously using blockchain technology. 

    3.       OpenBazaar: Is a decentralized marketplace which tries to eliminate government and organizations that restricts free, censor transactions and get their own cut. 

    4.        Storj: Is a decentralized cloud storage service that stores data not in cloud servers, but in nodes using Blockchain technology and P2P protocols. Each file is shredded and encrypted and stored in different nodes and hence it is more secure. You can be sure that it is safe since the keys to read the file are in your pocket. The nodes participating in the network can earn more by renting their hard drive to store data, it’s like opening your own Hard drive hotel.  

    5.       Blockai: a Blockchain publishing platform which helps the authors of digital asset to create them, publish and claim ownership for the assets so that they can turn into monetizable assets. 

    6.       Lazooz: an attempt to implement real-time ridesharing, but without the company.

    7.       BlockCypher: helps developers to quickly build Blockchain applications using the framework webservices blockcypher provides. 

    8.       Filament: is trying to build the first decentralized IOT stack, which helps device to interact without a central server or authority. 

    9.       ShoCard: a virtual identity card platform which consumers use a mobile application which is built on top of Blockchain data layer. The shocard uses public/private key encryption and data hashing to store and exchange identity data. 

    10.   CloudPay: helps users to make mobile payments using Ethereum and digital currencies. 

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