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The Merkle tree was used to create a secured chain of blocks that has several data which were linked one after the other. This is the beginning of blockchain and its journey to what it is today. Blockchain or what can be referred to as Distributed Ledger Technology (DLT), is any digital asset that is unalterable and transparent through the use of decentralized cryptographic hashing. By nature, the data locked up on blockchain are unable to be modified or tampered with, which makes it a licit disruptor for industries like payments (a legal tender), healthcare, banking/finance, cybersecurity, government parastatals etc. Blockchain is not only limited to cryptocurrencies, there are myriad things one could do with blockchain. And this is why we will be showing you the 7 best blockchain technology companies paving the way for the future.
1: Salt Lending
Salt Lending which stands for Secured Automated Lending Platform, is a blockchain-backed loan lending platform that helps you to put your coin as collateral in exchange for a cash loan. Salt Lending was founded in 2016 by a group of Bitcoin enthusiasts. The company has recorded 92% customer satisfaction, has a CCSS certification and has 40+ employees which include 9 Bitcoin professionals. It also has its coin called Salt Token.2: Ezetech
Ezetech, founded in 2015 has its headquarters in New York, USA. The company has just a total number of 35 employees and it has an estimated revenue of $2.6 million so far. Ezetech is a young company that is into web development, MVP development, Tech consulting, hiring services, and works with non-technical companies that want to startup Blockchain projects.3: Ripple Labs INC
Ripple is a decentralized fintech company founded in 2012 by Brad Garlinghouse, with its headquarters in San Francisco. It has a total number of 150 employees and an estimated revenue of $163.33 million.Sign up to the Connect Nigeria daily newsletter
The company develops Ripple protocol and exchange platform that provides cross-border payment solutions through Blockchain technology, which enables banks and other financial firms to transact in real-time without third-party correspondence.
4: Gemini
Gemini is a licensed New York Blockchain company founded by Cameron and Tyler Winklevoss. The company was first announced in 2013 and went live in 2015. Gemini builds crypto products that are secured and elegant. The company happens to be the first SOC I Type 2 and SOC Type 2 Type certified crypto exchange and custodian blockchain company.5: Chromaway
Chromaway is a Sweden blockchain company that has its headquarters in Stockholm, Sweden. The company was established in 2014 and has generated an estimated revenue of $2 million with 13 employees. The company develops a blockchain platform that works with private and public sectors, builds smart contracts and other decentralized blockchain applications in real states and other industries.6: Coinbase
Coinbase Global was founded in 2012 by Brian Armstrong and Fred Ehrsam and has become the largest cryptocurrency exchange company in the United States by trading volume as of March 2021. The quarterly volume traded is worth $327B, it has 73+M verified users, and operates in 100+ countries.7: Sciencesoft
Sciencesoft was founded in 1989 and has generated total revenue of $25million with about 700+ employees. The company’s headquarters is at Mckinney, Texas. Sciencesoft is into the development of Smart Contracts, private Blockchain, blockchain wallets, dApps and DAOs, blockchain consulting and integration. Sciencesoft has 32 years of experience in the Blockchain industry and is ISO 9001 and ISO 27001 certified. It uses Ethereum, Graphene, and Hyperledger to help customers to automate, secure, and enhance business processes. The Blockchain industry is still growing and spreading into every other day to day activity of life due to its decentralized and untampered nature. Featured Image Source: Business Post NGDid you find this article useful? Contact us: editor@connectnigeria.com