Best Blockchain Based Startups To Take Notice Of This Year

The blockchain industry isn’t just booming, but is changing the way different industries function right now. Not only has it opened the doors for new developments, it has also helped create new startups with an interesting edge. Check out the hottest blockchain based startups which are making their presence felt this year.

Best blockchain based startups to take notice of this year:

1. Shapeshift

Not a currency exchange startup, but an exchanger instead, Shapeshift converts more than 100 cryptocurrencies into digital money. The only drawback with this startup is, while the conversion is quick and hassle free, there is still a problem of anonymity because people have been known to convert money without providing records of any kind. However, if this bug gets fixed, Shapeshift is definitely one of the hottest blockchain startups right now!

2. Enlte – Power To People

Launched in March 2018, this startup aims to be the unifier between businesses and users. Working as a one stop connecting point, EnIte includes location between networks, augmented reality and Bluetooth Low Energy (BLE) notifications. If all goes well for this startup, they can quite easily become one of the best blockchains in the world.

3. Somish

Founded in India in the year 2006, Somish works with technology and product development. For almost 13 years now, this startup has been constantly servicing their customers by redesigning, developing and implementing automation systems. Created at a time when blockchain wasn’t at such a high position as it is now, Somish has created quite a strong name for itself in the blockchain world by being recognised at multiple places for the kind of work they do.

4. Chain

Based out of the United States, Chain is working on creating a crypto ledger system for the financial sector. Apart from this, this startup also works with both private and public sector companies. At the moment, Chain gets support from companies like NASDAQ, Citigroup and Capital One. By being used for mobile wallets, ride sharing platforms and crypto exchange platforms, Chain is slowly but surely making its way to the top.

With blockchain infiltrating literally every major industry, it comes as no surprise so many startups are using it to better their work. If you think we missed mentioning any other blockchain startups like these, comment and let us know!