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Top 5 Blockchain Startups to Look Out for in 2021
Top 5 Blockchain Startups to Look Out for in 2021

May 31, 2021

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Blockchain is a relatively, very new technology but basically, it is just another type of database that, through the help of its decentralized network, is much more secure and faster than any of its competitors. Earlier Blockchain was majorly used in cryptocurrencies only and any other applications of the technology were a rare sight.

But there has been a major shift in the developer’s attitude towards the emerging technology and Blockchain seems very promising in industries like financial institutes, trading, healthcare systems, and much more. I’m myself is intrigued by this technology and have been looking about all around carious blogs, papers, magazines to look for promising startups around this technology. So after going through tons of articles, The top 5 blockchain startups the to look out for in 2021 are 

  1. Coinfirm
  2. Origin stamp
  3. Solvecare
  4. Bankera 
  5. Xage

All of these 5 startups are unique and solves aims to solve real problems in their particular industries. Let’s jump right into each one of them in detail 


1. Coinfim

Blockchain-based cryptocurrencies are great at securing the user’s identity. But as you know with all good things some bad things too come and as the result of user anonymization, Money laundering is at its peak. there is no accountability as to where does the money goes or from where does it originates. To tackle this problem coinFirm offers a cunning answer.

Keep in mind that the platform will never reveal the real-world identity of the user but they are doing a great job at curbing this problem. The AML-based firm uses more than 270 checks to every activity of the user’s account to generate a portfolio that the designated as the user’s “digital reputation”. Based on this score, they classify users into various groups They do this by readily monitoring their crypto trades and assets. If there is any discrepancy or change in behavior of the account is found related to the trading of cryptocurrency, the account is flagged.

Apart from this, they also do a great job in securing your cryptos, as in the case you lose your crypto assets in a hack or something, then they will mark that specific currency, which will notify the company if they were spent the hackers at any other platform.

2. Origin stamp

There are hundreds and millions of reports drifting over the web with no confirmation about their authenticity. When a file is downloaded from a  site and imparted to another person, there is no viable path for individuals to distinguish the authenticity of the record and it becomes concerned, especially in the medical care, government, and monetary areas.

This is the place where OriginStamp becomes possibly the most important factor and permits the clients to secure their records by guaranteeing that end clients can generally check their authenticity and day of creation. When you transfer an archive to the dashboard and it is timestamped, the record is distributed on the blockchain record, and it's absolutely impossible that it could get altered later on.

Aside from this, the platform additionally permits you to transfer the records in mass and timestamp every one of them on the double, accordingly lessening the issue.

Since there are a few cloud-based archives stockpiling frameworks, OriginStamp offers a huge pool of applications to incorporate (1500+) so you can without much of a stretch import the records from any semblance of Google Drive, Outlook, One Drive, and a few others.

3. Solvecare

Over the most recent few years, we have seen broad blockchain executions (even at the public levels) in the medical care industry. Leave it alone the inventory network or the executives of patients' records.

This is the place where Solve Care becomes possibly the most important factor and gives a decentralized way to deal with overseeing and managing the situation of dispensing payments.

Since institutional bureaucracy turns out to be a significant obstacle in carrying transparency to this area and many people die because of this, the utilization of blockchain can build the proficiency of medical services frameworks.

4. Bankera 

Indeed, even 10 years after the; pinch of Bitcoin (and a large number of digital forms of money that came after it), the business is very isolated. For example, the Bitcoin and Ethereum networks can't speak or connect with one another flawlessly and if a client needs to purchase both of these, he is forced to pursue the two organizations (through a trade) and afterward procure these two separately.

While this isolation decreases its accessibility and functionality is also one of the main reason of increased transaction cost and network lag

Hence, Bankera offers a perfect solution that brings the whole crypto industry under one roof. Regardless of whether you need to purchase several digital currencies, benefit credits against an assortment of tokens put resources into crypto-files, or seek after abundance the board answers for cryptographic money, this scaled-down bank can deal with the entirety of the offices (as far as cryptographic forms of money) offered by your ordinary bank.

5. Xage

Industry 4.0 will definitely build on the usage of interconnected applications devices and systems. Security of both Industrial systems and servers is a top priority as they are regularly targeted by hackers. Conventional online security models of organization and centralized approach should be disseminated.

Decentralized and rigorous and flexible models should be put in place as they are based on blockchain technologies that use secure public-key cryptosystems and hash algorithms for data security.

The US-based startup Xage offers blockchain-ensured online security solutions for modern tasks. They give security at the edge and empower machine-to-machine and human-machine verification activity.

 


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Ashish is a seasoned industry veteran and holds strong experience in Technology PreSales Customer Service and People Management

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