10 Startups Utilizing Blockchain Technology in New Ways

Startups in the cryptocurrency world are exploring new ways of creating impact in the world. The last few years have been characterized by various applications of crypto technology in the financial world. As technology grows though, experts have realized that technology has the potential for many other industries. The following are 10 startups that are utilizing blockchain technology in new ways.

1. ShipChain

This startup has been exploring ways of enhancing logistics. The startup is able to track the entire freight process from one end to the other. This ability allows for an efficient logistics process across the entire supply chain. The startup not only has innovative solutions for the logistics market, but it has also created meaningful partnerships that will allow for the total transformation of all carriers.

2. ImpactPPA

ImpactPPA has been focusing its efforts on technology and sustainability. With its SmartPPA, the startup has been able to connect projects in the environment to the blockchain community. The ultimate goal of the company is to see a future where sustainable solutions are secured by technological means. As of now, the focus of the startup is on the management of renewable energy resources.

3. Nano Vision

This startup is one of those that are providing solutions in the research and development realms. The startup has a platform that enables researchers from anywhere in the world to access data that has been collected and decentralized. With the decentralization of data, the startup hopes to be a catalyst for quicker solutions, particularly in the disease-prevention world.

4. BuzzShow

Many companies have been exploring new ways of rewarding users of social media and video platform sites. This startup is one of those that are creating traction in the industry. BuzzShow is a platform that allows users to create and share videos. The users of the platform are rewarded in a proof of contribution process that makes use of a decentralized video ecosystem.

5. Inveniam

Recent research has shown that tokenizing assets will have great impacts in various industries. As security token news continue to highlight the successes achieved by tokenizing securities, firms like Inveniam are focusing on tokenizing debts. These debts are then listed on the public markets where there are new forms of contracts that define new ways of clearing, structuring and settling fixed-income instruments.

6. Photochain

Another great platform built on the blockchain is Photochain. This platform allows photographers to make earn income while still holding copyrights to their material. The platform has the capacity of allowing photographers to retain around 95 percent of earnings. This is a huge value, especially when compared to the modern non-digital means that creators currently have.

7. Boon Tech

Boon Tech exists in the freelance world. This crypto startup is powered by artificial intelligence. Its main purpose is to boost the micro-jo sector with technologies that are capable of eliminating cryptocurrency volatility. The platform is already doing a great job in the market and it has partners like IBM. The startup is thus able to leverage modern technology to do ranks and reviews.

8. ODEM

ODEM is focused on the education sector. This startup is among the first to combine the power of smart contracts with the blockchain technology to provide education. Learners are able to link up with teachers on the platform that provides direct educational services. The fact that no intermediaries are involved in the process of learning means that resources are saved.

9. MEvU

In the world of betting, you will find the MEvU platform. The platform is a P2P decentralized application that allows users to place bets on just about anything. There is no limitation of time or location. This platform makes use of ethereum to store user information and to manage how wagers are handled. The goal of MEvU is to bring fun and transparency in the gaming and betting realms.

10. Patron

Finally, Patron is a platform that capitalizes on the power of influencers. This platform, built by a Japanese entrepreneur, hopes to connect the global influencer community. By doing this, it will be possible for brands to connect with their preferred influencers and thus make marketing efforts easier. The platform has capabilities of matching up influencers with brands with great cost-effective prospects.