Cryptocurrency Companies Going Live In 2019: Top 9 Blockchain Projects To Watch Next Year
Top 9 Blockchain and Crypto Companies to Watch in 2019
2017 was the coming-out party for blockchain and cryptocurrencies. In 2018, we’ve seen continued development of blockchain technology even as crypto prices slump. 2019, however, could be the biggest year in blockchain history as some of the world’s biggest blockchain projects come to fruition.
Forbes recently published a list highlighting the top 9 blockchain and cryptocurrency companies to watch in 2019. The list includes companies creating innovative blockchain technology, cryptocurrency-based financial services, and entirely new cryptocurrencies.
“As Ethereum and bitcoin work hard to iron out their individual issues concerning governance, economics and security, Qtum continually refines their Proof of Stake platform,” writes Forbes.
Forbes praises Qtum for incorporating the best parts of Ethereum and bitcoin’s blockchains into a single innovative solution. Qtum has smart contracts, for example, and an x86 virtual machine. One of the huge advantages Qtum has over competitors like Ethereum is that the Qtum supports development in any language – not just the Solidity programming language used on Ethereum.
Qtum also has SegWit by default, which means it’s interoperable with the Lightning Network, the cross-blockchain side channel platform that could facilitate faster, cheaper transactions across different blockchains.
Qtum isn’t some secret startup: they’re a well-known blockchain company. 2019, however, could be a huge year for Qtum as the project prepares to launch QtumX. QtumX will help major corporations take advantage of smart contracts and blockchain.
TRON is a decentralized marketplace where users can host, store, and consume content while making transactions with TRX tokens. It’s like a decentralized version of the internet free of the constraints of existing content distribution platforms like Netflix or YouTube.
TRON has showed no signs of slowing down as we approach 2019. TRON recently purchased BitTorrent, for example. Meanwhile, the recent launch of Project Atlas has made Tron one of the largest decentralized networks in the world.
TRON’s TRX token is also facilitating a new era of content distribution, where people use tokens in exchange for consuming content. It’s a more “tailored content subscription model instead of today’s buffet-style alternative,” writes Forbes.
Aelf is a scalable blockchain platform and decentralized cloud computing network. The goal is to make blockchains more usable in real life by raising the number of transactions blockchains can handle each second.
The world’s two largest blockchains – bitcoin and Ethereum – have both struggled to scale. That poses a huge problem for mainstream acceptance going forward.
Aelf achieves scalability by splitting each single node into two clusters, spread over multiple computers. In tests so far, Aelf has achieved over 15,000 transactions per second.
Veridium is an blockchain company specializing in using blockchain to create a more sustainable future. Today, many of Veridium’s projects are focused on offering sustainable solutions for Fortune 500 companies. Veridium is partnering with IBM to achieve that goal.
One of the first projects from Veridium is a tokenized carbon offset solution that brings new liquidity to environmental trading markets while creating simplified carbon accounting for enterprise users. It helps corporations become more sustainable. Veridium is using a set of proprietary protocols created by EcoSmart Labs.
Veridium takes environmental sustainability even further than that by offsetting carbon emissions associated with the digital token itself. While other blockchains have faced criticism for their environmental unfriendliness, Veridium aims to dispel the notion that blockchains are unsustainable.
Watch for Veridium to make more headlines across the crypto community in 2019.
Caspian caters to crypto investors with a dashboard where users can build and control their own crypto fund. Caspian’s dashboard makes it easy to allocate assets, rebalance your portfolio, execute orders, and connect with major exchanges. It’s an end-to-end crypto fund management platform.
Caspian has already partnered with Coinbase to deliver its fund management solution to the general public. Over the course of 2019, Caspian is expected to continue adding investor management tools to its platform.
Devery is an open-source blockchain platform that verifies goods and services. The goal is to remove the need for trust through the use of unique, verifiable identifiers for products and services that are immutably stored on the blockchain.
Users can integrate the Devery protocol using open-source tool sets. You can use Devery within your application as a verification service. Corporations could integrate Devery to verify the legitimacy of their products.
In the future, Devery could be the preferred solution for luxury brands who want to protect their reputation. It could allow luxury goods buyers to purchase blockchain-verified luxury goods, for example. You can verify your handbag is legitimate by checking the blockchain.
MediBloc is one of many blockchain startups seeking to disrupt existing industries. In MediBloc’s case, the goal is to disrupt the health industry by improving centralized health record data management.
MediBloc puts users back in control of their medical data. The open source, decentralized healthcare data platform gives patients full ownership of their data. Patients can control who accesses that data – say, a new doctor or hospital.
MediBloc aims to continue expanding its services in 2019, gradually shifting the patient data management space to a more patient-centric approach as opposed to the centralized, institutional approach we use today.
Cardstack could create a future of “super decentralized apps” or “super DApps” by allowing us to bundle multiple apps together.
Cardstack represents decentralized apps as “cards”. Users can create custom business flows or services for themselves by stacking different “cards” on top of one another or in a certain order.
Users can pick and choose the blockchain-based decentralized apps and services they wish to use. You can customize the blockchain to be used in all different ways for all different purposes. Some are calling Cardstack and similar platforms “super DApps”: they have the potential to create layers of decentralized apps that do more than any single decentralized app can do on its own.
CEEK aims to disrupt the virtual reality space using blockchain technology and cryptocurrency tokens. CEEK facilitates flexible interactions and transactions in a virtual universe.
CEEK’s existing VR infrastructure includes virtual venues where users can attend sporting events, concerts, or university classrooms. You can live, work, and play in CEEK’s virtual world while completing real-world transactions using cryptocurrency. In the future, artists might play a concert for CEEK audiences, for example, and users can pay a discounted rate for VR tickets to that concert.
What’s Next for Blockchain in 2019?
Ultimately, the future looks bright for cryptocurrencies and blockchain. Even though we’re in the midst of a bear market, development on blockchain projects continues to push strongly forward. Watch for the above companies to make an impact in 2019 and beyond.