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Top 10 Blockchain Based Startup from Silicon Valley.

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Blockchain industry is effectively being exploited by the entrepreneurs. Here are some of the Blockchain startup from Silicon Valley.

Some of the leading Blockchain startup from Silicon Valley.

Opening remarks

The Blockchain Technology which empowers the cryptocurrencies has opened up, an immense amount of opportunities for the entrepreneurs from the virtue of it’s online as well as real-time nature. The whole process is decentralized and no single person gets the rights to control the system. Apart from cryptocurrencies, Blockchain technology is being tested as well as applied in a number of different niches as well. Also, the increased comforts provided by the initial coin Offering to the entrepreneurs have let them come forward and take risks, in order to bring their innovative ideas into life. Innovation is really important, as it is the engine of prosperity and better living. The perks provided by the whole Blockchain industry is effectively being exploited by the entrepreneurs and many blockchain based startups are being initiated on a daily basis throughout the world. Below are some of the Blockchain startup from Silicon Valley.

 

1. Balance

The San Francisco based blockchain startup Balance is well known for its wallet services. It provides wallets for the Dapps as well as Ethereum tokens. The web-based wallet gives the highest priority to the security of the funds stored in their wallets and it even simplifies the usage of their ERC-20 and ERC-721 tokens.  The Blockchain startup is also featured by one of the biggest IT companies of the world, Apple.

 

2. Wyre

This blockchain startup Wyre has a staunch vision of revolutionizing the way the banking industry works, by powering it with blockchain solutions. Founded in the year 2013 the startup has incentivized the transaction fees. The companies undertake transactions to transact their money from one part of the world to another, by collaboration with the Fortune 500 companies.

 

3. Chronicled

Chronicled blockchain startup from Silicon Valley is an expert to provide Blockchain powered solutions for the Supply Chain Management. They deliver the best business value by making use of IoT along with Blockchain technology and also by joining hands with the fortune 500 companies.

 

4. Instalocate

The Blockchain startup from Silicon Valley Instalocate provides a personalized assistant for travel schedules. The blockchain startup from Silicon Valley also incorporates artificial intelligence for its service. The organization is also well known to have been working with some of the best data engineers, scientist, e-commerce officials, artificial intelligence experts, etc around the world.

 

5. Qokka

Even this Blockchain startup from Silicon Valley is towards the high end of the technical spectrum and is well known for its hardcore Machine Learning, Natural Language Processing systems, and Blockchain Technology. Qokka even aims to develop an automated smart information hub for all the cryptocurrencies.

 

6. BlockSeer

The Blockchain startup from Silicon valley BlockSeer bridges the gap between artificial Intelligence and blockchain Technology.  Their goal is to democratize blockchain technology through the display of metrics, visualizations, and intelligence. Also an expert in Big Data analysis, the company provides analytical tools to thrust its vision into action.

 

7. Mobius

Connecting each and every developer through a peer-to-peer system by the application of blockchain Technology is the preeminent goal of Mobius, a blockchain startup from Silicon Valley. Their intuitive bi-directional APIs, bridges completely, the gap between the Of-chain entities along with the Blockchain Technology.

 

8. Lightning Labs

This blockchain stand up from Silicon Valley Valley Lightning Labs has a different line-of-sight as it aims to take a look at the Scalability of the blockchain. Its aim is to develop a blockchain system with instant confirmations along with the high transaction volumes. Cross Blockchain platforms are also one of the key milestones that the organization is working on.

 

9. CustEx Determinant Platform

The Blockchain startup from Silicon Valley CustEx Determinant Platform is developing a system to eradicate the roadblocks to the development of a product and thereby prevent the development of inferior quality products. It delivers the power within the hands of people, as they decide the products and not IDEO. The organization’s passionate customers provide feedback and help with its discrete improvement.

 

10. CoinList

The Blockchain startup from Silicon Valley CoinList imparts a firm financial structure for the future technological companies. In simple words the startup is building a platform which the companies can effectively exploit, to transact their respective tokens.  

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#Blockchain

Forbes releases top 50 blockchain companies list

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Forbes has released top 50 blockchain companies using blockchain technology list and these are almost all household names of the world's largest companies.

Forbes has released a new top 50 blockchain companies using blockchain technology list and these are almost all household names of the world’s largest companies. In fact, they are all billion dollar plus companies such as Amazon, Citi Group, Foxconn, Comcast and a whole host of others and unsurprisingly the bulk majority of these companies are using Ethereum.

 

Although, outside of Ethereum which is, of course, the number 1 blockchain for these companies, we do see others like Hyperledger and Quorum for example, although much rarer on the list in terms of mentions are blockchains such as Stellar Lumens or Cardano. Blockchains such as TRON, EOS, NEM, and others are not mentioned in the list of top 50 companies.

 

Companies choosing Ethereum according to Forbes:

Big businesses really like what Ethereum is doing. Ethereum has also worked very hard to make these relationships happen over the last few years and those relationships are now paying dividends big time.

 

All the top 10 companies are located in China or the United States.

The Top 10 (Forbes List):

10. Ping An Insurance Company: China

9. Bank of China: China

8. Apple: United States

7. Wells Fargo & Company: United States

6. Bank of America: United States

5. Agricultural Bank of China: China

4. Berkshire Hathaway Inc: United States

3. JPMorgan Chase & Co: United States

2. China Construction Bank Corporation: China

1. Industrial and Commercial Bank of China: China

 

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JPMorgan expanding itself into the blockchain and crypto space

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JPMorgan Chase has been posting a lot of job opportunities in the blockchain and cryptocurrency industry on Indeed.com, the job listing portal.

JPMorgan Chase, the American multinational investment bank and financial services company has been posting a lot of job opportunities in the blockchain and cryptocurrency industry on Indeed.com, a job listing site. According to the data from Indeed.com, the overall job openings for the cryptocurrency industry also seems to be on a rise.

 

JPMorgan Entering the Cryptocurrency Space:

Though the CEO of JPMorgan, Jamie Dimon has always been a strong opponent of Bitcoin and other cryptocurrencies, his company has been interestingly expanding its operations in the field of blockchain and cryptocurrency.

 

Last month, JPMorgan launched its own cryptocurrency known as the JPM Coin, which will serve the bank’s precious customers in order to make transactions between them more swift and steady.

 

Back in 2018, JPMorgan had launched a blockchain powered platform known as Quorum which might be seen quite homogeneous to bitcoin and ethereum, however, it is almost fully centralized in nature.

 

Large companies entering the Blockchain Space:

In recent times, a lot of huge companies worldwide have been entering into the blockchain and cryptocurrency space. According to a recent publication by the Forbes, large organizations such as IBM, Deloitte, Cisco, Microsoft, Consensus, and others have been curiously hiring employees that are experts in the field of blockchain technology.

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Adoption: Courts in France adopt blockchain technology

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The NCC or National Council of Clerks of France have finally tested a blockchain technology-based solution for the courts of the country.

The NCC or National Council of Clerks of France recently made an announcement that they have finally tested a blockchain technology-based solution for the courts and are now prepared to launch it throughout France. The National Council of Clerks is a representation of the clerks of the corporate and commercial registry in around a hundred thirty-hour workplaces in France. The workplaces depend upon one another for sharing important data.

 

The goal of NCC France

The NCC is determined to streamline and position the latest information technology that capitulates something that is known as ‘the single version of the truth’. The data tracks an organization’s growth, dissolution, change of location etc. The sharing of data amongst each other was earlier a big challenge for the NCC.

 

The project based on blockchain technology had an aim of rapid cycle times and precision of information. In the pilot phase of the project, the National Council of Clerks in France was able to lessen the timing of registry operation involving a lot of days to just one day.

 

According to the president of France National Council of Clerks, Sophie Jonval, the project based on blockchain technology is an outcome of the partnership with IBM. IBM who is already an expert in blockchain technology and cryptography has been serving as a technological partner.

 

According to the NCC, the project shall be rolled out in the 1st half of 2019 and the project shall ensure a transparent and improved dynamics of the interactions between the clerks.

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