15 Top Blockchain Startups in 2023: How Technologies Let Projects Rise

All of us earn for living. That is why we should be financially literate. FinTech startups will assist us in it. 

Provenance

Area: trading sector

A real-time platform that helps companies and provides them with operations transparency with the help of history of goods and provenance monitoring. Using this technology, you can easily collect and verify data, match it to physical objects and integrate into various online services.

So this startup offers tools to auditors and other merchant specialists to collect information about the history of their goods. Collected data can be shown to potential customers then, they can see where these goods came from and how they travel from one place to another. This startup is included in the list of top FinTech startups in the blockchain.

It doesn't matter what goods we are talking about - it can be sneakers, clothes, and even food. The transparency of the physical object's travel should increase the responsibility of society for social problems related to labor and attract attention to brand authentication problems and material provenance. The final goal of the startup is to create trust between customers and buyers.

BitGive Foundation

Area: fighting fraud in charity sector

The noncommercial California-based BitGive Foundation startup released GiveTrack blockchain platform that monitors donations to charity.

This platform uses blockchain technology that makes it possible for donators and other people to monitor charitable donations, and see what they were spent on and whether they reached the right recipient or not.

BitGive can have a really positive influence on a bribable charity sector that unfortunately still exists. So it offers a required transparency of charity donations operations. Also, it can also give you a reply to your answer what are FinTech startups.

Loyyal

Area: retail trade

One more FinTech platform that is developed on a blockchain basis and it provides users with cross-platform interoperable transactions. The retail loyalty card industry can be united in one system and thus loyalty programs can be monitored efficiently.

Today this platform is successfully applied in Dubai's government. It helps organize right loyalty programs and manage multi-branded coalitions with smart contracts technology and blockchain FinTech basis.

Elliptic

Area: financial organizations, law enforcement agencies

It provides analytical services for financial institutions and law enforcement agencies. This startup helps law enforcement agents track criminals that use Bitcoin.

It aids financial investigations with the help of distributed registry technology. So, Elliptic plans to make the cryptocurrency ecosystem more transparent for financial institutions.

Today, it is rather difficult for law-abiding Bitcoin companies to get financial services from traditional financial institutions that have strict regulations and they don't want to have any bargains with cryptocurrency organizations in connection with a banking policy of risk avoidance. They are distrustful to Bitcoin owners.

That is why Elliptic was created. It verifies the participation of customers in money laundering, financing terrorism, dealing drugs or other illegal activities by monitoring Bitcoin transactions. Blockchain FinTech companies should get benefit from this startup.

Ethereum

Area: financial technology, payment gateways

And finally, the largest blockchain platform for the development of decentralized apps on the blockchain basis that uses smart contracts technology as well. It has it's own cryptocurrency named ETH. What's more, Ethereum is a programming language as well that makes it possible to create apps and next generation online services.

The contract is considered to be implemented when it gets notification from other users or other smart contracts. Computer software sends money automatically upon the fulfillment of the conditions. After the transaction, the completion result is recorded in the blockchain. The sender can see it if he or she will monitor the smart contract. Ethereum project gave rise to a few startups that we will discuss below. This large platform makes it possible to create your own project in various fields. 

Thus, you can see that FinTech and blockchain may co-exist in harmony. And it means area of fintech blockchain startups development is really unlimited. Find the optimal one for you to occupy your niche in this field. 

Let's see blockchain startups that can augment your software. 

Enigma

Area: cloud platform, data storing

MIT media laboratory created this startup, blockchain was the foundation of the software. It is a decentralized cloud platform that is capable of storing and analyzing confidential data and exchanging it, and at the same time, this data is not revealed completely for both parties. The platform can be used for encrypted computations using blockchain.

This project is very important in the blockchain world since it resolves the most complicated problems related to confidentiality and security. Any industry rely on cloud (whether it is medical or financial) will be able to get the most of blockchain technology in cloud computing due to increased data security.

Ethcore

Area: personal data protection

Ethcore is the brainchild of the Ethereum universe. It resolves such problems like personal data inviolability and system scalability. Their client, Parity, developed by using Ethcore. It is a next generation platform that is based on distributed registry principles and was created for intracorporate communication and authorization.

The main goal of Ethcore is to improve blockchains. Ethcore is focused on the development of licenses tools for large financial organizations etc.

Apart from patented tools development, Ethcore also helps the Ethereum community to create open source projects and create new best blockchain startups.

Blockstream

Area: financial system security

This platform is very similar to Ethcore at it's base. Blockstream can offer many various software solutions to increase trust in financial systems.

In addition, the platform offers consulting services for companies that plan to integrate blockchain technology into their software, and it can explain to you how to invest in blockchain startups.

The main goal is to increase security and fight financial fraud using special software on a blockchain basis.

Colony

Area: social media for coworking

It can be called one of the most ambitious blockchain-based startups of this year. Colony predetermines the future of working relationships: the platform develops a DAO project that uses the wisdom of the crowd and artificial intelligence to select appropriate executors for various tasks that can implement their job qualitatively and on time.

It allows people to combine their efforts on a mutual project remotely, manage processes and estimate work efficiency. Colony uses it's own 'nectar' cryptocurrency for payments.

Colony is an easy-to-use platform like social media. Besides that, Colony allows the user to combine a few activities - they can be both the programmer and copywriter, for example.

Slockit

Area: Internet of Things

Slockit unites two important technological areas like Internet of Things and blockchain. Project founders are investigating the capabilities of Ethereum nodes integration into cars, homes and other various devices. This startup allows the integration of smart contracts with physical locks and Internet of Things devices. Blockchain IoT startups make it possible to modify your smart home.

Slock lock connects to smart contracts in the Ethereum blockchain and is controlled by it. The lock owner assigns the deposit amount and cost of rent, and the user pays this deposit using a transaction in Ethereum blockchain. And then he gets permission to lock and unlock such smart locks using only his smartphone.

Do you need to upgrade or augment your existing software using blockchain technology? We are here at your disposal. We can make your software better with blockchain. Just tell us what you need. 

Blockchain made it's contribution to healthcare area as well. Check it out!

Hashed Health

Area: optimization of healthcare models

This startup is looking for a partnership with leading enterprises engaged in health protection to provide them with blockchain-based solutions for resolving of chronic healthcare problems.

Hashed Health focuses on the development of solutions for healthcare areas to optimize inefficient models of assistance. The startup has already started collaborating with such giants like Martin Ventures and Fenbushi Capital that is engaged in investments in the blockchain.

The main goal of the startup is to increase the efficiency of medical procedure and improve consumers' treatment. Blockchain for healthcare and technology of distributed registry can give a great perspective to patients.

Gem

Area: resolution of ecology problem

This startup creates a blockchain ecosystem for the healthcare area, and it is involved in exploring the situation regarding the blockchain influence and support of carbon offset and natural gas production. Also, this startup even developed it's own operating system called GemOS that is built on blockchain technology. Healthcare area reveals more perspectives.

This project can be considered as an attempt to stimulate the healthcare industry to discover potential advantages of blockchain when creating apps for health, software for patients' identification and encrypted e-histories of diseases.

MedRec

Area: personal medical records of patients

MedRec is a system that allows users to manage medical records using Ethereum blockchain in healthcare industry. It makes it possible to get access to medical documentation including clinical studies. It's pretty similar to what custom EHR development brings to a healthcare institution.

It was developed by MIT specialists. Patients now can manage their medical data due to this startup. Access can be obtained using a few providers. A smart contract on blockchain provide patients with direct patient-provider relationships.

Blockchain Health Co.

Area: relationships between medical staff and patients

One more California-based startup that uses blockchain technology to modify the connection between medical researchers and users. As a result, using this platform, patients can share their health data and manage it. It cannot be hacked and managed by a third person since blockchain technology reliably encrypts all confidential data. It shows that blockchain in healthcare today make something unbelievable.

Stratumn

Area: medical data protection

The project has been launched with one main goal - to decrease data falsification in medical records. So it is necessary to deploy blockchain in clinical trials.

Unfortunately, there is still a high percentage of medical data falsification, so it was highly required to change it. Transparency and honesty are very important in clinical trust and Stratumn strives to solve this problem to increase the accuracy and security in the healthcare industry. Blockchain and healthcare junction will help software developers improve and customize existing apps and create new ones.

Are you impressed with all these new blockchain startups? It can give the best idea to turn your project into reality. As you can see, blockchain is evolving persistently, and it seems that soon this technology will provide us with some new achievements. Various industries are integrating blockchain technology into their startups actively, so we think that our future lies in blockchain. However, it is worth noting that the financial area is more adaptable to this technology, that is why the FinTech area is prevailing here. Did you understand what are blockchain startups? If you are interested in any ideas of startups above, we can help you create something special for you. 

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