Top 10 Blockchain Technology Companies - 2019

Over the years, the world has seen an exponential transformation in blockchain technology, and lately, it has emerged as one of the promising technologies in the market. According to the International Data Corporation (IDC), blockchain spending is expected to grow at a robust pace throughout the 2018-2023 forecast period with a five-year CAGR of 60.2 percent. IDC released the “Worldwide Semiannual Blockchain Spending Guide,” which indicates that blockchain spending in 2019 is forecast to be $2.7 Bn, an increase of 80 percent compared to 2018.

Although first recognized as a transaction ledger of cryptocurrencies such as bitcoin, today, blockchain is solving significant problems revolving around supply chain monitoring, data security and sharing, and product tracking. Due to its decentralized architecture, blockchain transactions are highly secured and safe as it allows only authorized individuals to modify the data. Blockchain also provides a secure network for communication between IoT devices, thereby yielding high resistance to breaches as well as cyberattacks. Blockchain technology has a huge role to play in online data security as organizations are also leveraging this revolutionary technology

to track and trace fraudulent exchanges or transactions. Additionally, with the proliferation of cryptocurrencies, blockchain will play a crucial role in the exchange of resources amongst organizations.

Given these merits, companies across various industries are readily adopting blockchain into their mainstream operational workflow. From the retail sector, real state, education to the field of Healthcare and Medicine, blockchain technology has made its way into various industry verticals, thus making blockchain trends the most searched keyword.

To help business providers in selecting promising blockchain solutions, a distinguished panel of prominent marketing specialists and analysts, along with CIOReview editorial board has assessed and shortlisted the companies offering pioneering technology solutions in the blockchain industry. This listing gives a comprehensive understanding of solutions that can be implemented to optimize your business process.

We present to you our “10 Most Promising Blockchain Solution Providers 2019”.

Top Blockchain Technology Companies

Big Data Block makes Big Data Computational analysis accessible, affordable, and Secure, for everyone. The company is changing the future of big data processing by combining open-source software that connects massive networks of computers to coordinate large tasks and the decentralized nodes of a global blockchain network. These are the two great things that work better when they are combined. The BDB token utilizes Ethereum that manage the entire job of creation, job metadata (detail about the job), payment for assisting in the job processing, and the full auditability of the end to end transaction

BEN mail does not depend on physical post-distribution as it causes considerable strain to the US Economy as a burdensome deficit. The technology creates locational data sources to authenticate address points from which digital mail can be exchanged securely between trusted contacts without risks of fraud or privacy breach. The system of locational verification provides the basis for a continuous ledger of the locational trail, time stamping, and sensory data pattern recognition to provide ongoing identity validation. Furthermore, their validation system extends beyond mailing services and offers prospects of identity verification for all platforms utilizing exchange or ledger technologies. The onset of the systems, along with identity confirmation, leads to the formation of the Blockchain Exchange Network. This becomes the consumer and commercial verification network for exchange, blockchain, and encryption platforms

Bloq is a blockchain technology company, founded by some of the prominent industry pioneers. The company offers comprehensive, enterprise-class blockchain solutions and applications that are open-source, interoperable, and decentralized. They consider the future state of the blockchain frontier to be multi-network, multi-chain, and multi-token by building the software infrastructure to engage with tokenized networks. The networks are created via BloqEnterprise, and the company also generates tokenized networks and applications through BloqLabs. The organization act as benevolent ambassadors to the non-cryptofluent, representing the power and utility of blockchain technology

i2Chain is a cybersecurity company that focuses on securing information and identity by the usage of blockchain and cognitive science algorithms. Their solution makes information and identity tamperproof, therefore allowing enterprises and users to secure, share, and transact with integrity and confidence. i2Chain uses blockchain technology and has designed a proprietary consensus mechanism for securing the assets with a single click. The company's Everyi and Chain platforms permit easy deployment that is fully GDPR & CCPA compliant. Their platform leverages cryptography and blockchain technologies to secure information, while simultaneously defending the identity in an intuitive, easy to use interface

Remme is building the Distributed Public Key Infrastructure protocol and PKI-enabled apps to address the challenges of the Web 3.0. Their products can tackle the ever-increasing problems related to security, authentication, and digital certificate management. Remme Protocol is an open-source protocol that replaces conventional Public Key Infrastructure solutions with a distributed Network of Trust. Remme Auth is their 2-click authentication solution, which permits secured access of a website without passwords. Instead, it uses X.509 self-signed certificates and blockchain technology. It protects against 90% of cyber attacks, including man-in-the-middle threats. Remme Keyhub is also designed to discover, organize, and track SSLTLS certificates so that nothing stays off the radar

Block.one

Block.one

Block.one is a software publisher that focuses on high-performance blockchain technologies. Their project, EOSIO, an open-source blockchain protocol that was designed to facilitate secure data transfer and high-performance decentralized applications. EOSIO is a compliant blockchain protocol that allows horizontal scaling of decentralized applications, allowing developers to create high performance distributed applications efficiently. The software provides accounts, authentication, databases, and the scheduling of applications across multiple CPU cores or clusters. The platform allows for horizontal scalability, replaces user fees with an ownership model, and powers the simple deployment of decentralized applications

Cryptyk Inc

Cryptyk Inc

Cryptyk's unique cloud technology presumes that online security breaches are familiar and predictable for every cloud storage provider and enterprise network. Instead of trying to stop these breaches, the company's technology eradicates the potential liabilities related to any unwanted violations. Cryptyk achieves this goal by leveraging user-encrypted file management and decentralized network storage architecture. Successful hackers can only steal a useless portion of any data payload, even if they break numerous encryption and user authentication barriers. Instead of attempting to hack-proof cloud storage, their technology converts all data into a "safe-to-hack"​format

TradeBlock

TradeBlock

TradeBlock provides financial institutions with an array of execution and analysis tools for digital currency markets. It functions as a global source of data which shares the analyses on market data associated with cryptocurrencies, regulations, trading, protocol updates, mining, blockchain analysis, and economic developments. The company empowers institutions with world-class tools which include professional platform, XBX Bitcoin Index, Data Services and Proprietary Analytics. A robust bitcoin index is designed to avoid manipulation, serving as the reference rate for millions of dollars of registered derivative products. The data services include consolidated API's, order book data, and historical trade, advanced indexes, and customizable algorithms. Its proprietary analytics is the combination of world-class data tools and leading analytics

Verif-y

Verif-y

Established in 2016, Verif-y provides a new breed of compliance, identity, and credentialing solutions to enterprises and individuals across the world and reinvents digital identity and credential verification. The company’s solutions are designed to offer the client unmatched control over their own identity documents, accreditations, education verifications and much more. It equips the users with the power to terminate request or access to have their historical records deleted, thus enabling them to maintain privacy and safety of their personal information. The company’s mission is to develop and utilize the safest, proficient technologies to provide a unique and evolving experience to its clients via continued determination, innovation, and customer obsession

VeriSmart

VeriSmart

Established in 2012, VeriSmart is a visual analytics platform which covers billions of people with the Unique Global Digital ID empowered by Cognitive computing with AI, Deep Vision, and ML built at human intelligence level can be accessed as shared service on blockchain/ Private Chain network which comprise of Financial assessment, Social profiling, Regulator based authentication, and facial Bio-Metric information for Fintech Companies, Payment Banks, P2P Lending Companies, state banks, NBFCs, Police department Besides, the risk of financial fraud and money laundering can be resolved by using Digital ID for Smart City Surveillance and Payment Solution