20 Most Promising Blockchain Solution Providers - 2018

20 Most Promising Blockchain Solution Providers - 2018

The global blockchain market is expected to grow from USD 411.5 million in 2017 to USD 7,683.7 million by 2022 at a CAGR of 79.6 percent during the forecast period. Blockchain empowers enterprises to do things faster with greater trust, reduced frictions and inefficiencies, and notably minimized operating costs and complexities in crossenterprise business processes. Blockchain keeps a record of all data exchanges — this record is referred to as a ‘ledger’ in the cryptocurrency world and each data exchange is a ‘transaction’. Every verified transaction is added to the ledger as a ‘block’. It utilizes a distributed system to verify each transaction — a peer-to-peer network of nodes. Once signed and verified, the new transaction is added to the blockchain and cannot be altered. For the casual observer 10 years back, bitcoin was an abstract idea, something that someday may replace part of the current financial ecosystem. But for many enthusiasts, it has created much more: an avenue for asset speculation, the mechanism by which to read, write and talk about the mysterious and often misunderstood digital currency technology, and much more. Since the announcement of bitcoin in 2009, we’ve seen a veritable explosion of interest in the blockchain space. Many terms and news have been flung from relative obscurity to the forefront of innumerable blogs and market researches. Currently, there are over 1,000 other cryptocurrencies which have been created, with Bitcoin, Ether, Litecoin, Ripple, and Dash being some of the most famous. To be honest, though blockchain holds great promise, today's blockchain technology offerings are nascent and immature. It is crucial to experiment and explore. Often the technology is offered as a solution in search of a problem. To ensure a successful blockchain project, focus is required on the business problem, and not the technology solution. We at CIOReview have always shortlisted our participants based on their problem solving skills. This time again, we have brought to you a list of 20 Most Promising Blockchain Solution Providers 2018. A distinguished panel comprising of CEOs, CIOs, VCs, analysts, and the CIOReview editorial board has selected the top vendors. We certainly hope that these vendors have the capabilities to fulfill the need for cost-effective, technologically advanced and flexible solutions that would cater to the pressing needs of today’s businesses.

We present to you CIOReviewindia 20 Most Promising Blockchain Solution Providers - 2018.

Company Name Company Description
AyanWorks Technology Solutions Builds expertise in blockchain technology, document authentication & verification platform and Proof-of-Concepts.
Blockchain App Factory Enables Blockchain IoT development, blockchain game development, hashgraph development, dApps development, directed acyclic graph, blockchain development & consulting.
BlockCluster Avails blockchain management system for corporates, SMEs, startups, freelancers and governments.
Chakravuyha Technologies Designs cryptocurrency applications, smart contracts, exchange platforms, private blockchains and cryptocurrency wallets.
Digiledge Faciliates blockchain solutions across banking, insurance and supply chain using IoT & Artificial Intelligence.
Inspira Enterprise Leverages Keyless Signature Infrastructure (KSI) technology to build enterprise blockchain solutions such as data archival solution and website & file monitoring solution.
InteliTix Solutions Delivers end to end blockchain solutions covering consulting, blockchain development, ICO smart contracts and blockchain training.
Nonceblox Specialities lie in blockchains, ICO turnkey solutions, digital marketing, API integration, blockchain tutorials, coin payment integration, DLT development, and support & maintenance.
Oryx Prive Investment A financial and asset management advisory company that develops industry-leading blockchain-based platforms and applications
Plebiscite IT Services A blockchain research and solution company competent in smart contracts, decentralized application, wallet development and exchange development.
Pulsehyip A provider of blockchain application development solutions, decentralized exchange platform, cryptocurrency exchange & banking solutions, and ICO business solutions.
QuillHash Technologies Renders private & public blockchain development, blockchain audits, smart contract development and decentralized exchange development.
RaceNext Core competency lies in 3D Printing, Blockchain, IoT, Artificial Intelligence, and Virtual Reality
Snapper Future Tech Leverages Blockchain Technology to deliver solutions across Healthcare, Supply Chain, Education, BFSI and E-Governance.
Sofocle Technologies Designs and develops blockchain & smart contracts solutions for financial industry and others.
Spectrus Offers a plethora of blockchain services that include Decentralized App (DAPP) development, Smart contract, Initial Coin Offering (ICO) Support and POC Development.
Sphinx Solutions A decentralized application development (dApp development) company, delivering cryptocurrency wallet, hyperledger, bitcoin apps and private blockchain development services.
StaTwig A IoT & blockchain SaaS startup inclined to solve the problem of global wastage in vaccines and food caused due to the inefficiencies in supply chain.
TowardsBlockchain Provides blockchain development services to companies and develop multiple sets of distributed applications (DApps) over Ethereum Blockchain.
Unacores Solutions Works on Open APIs to enable third party developers build blockchain applications and services around a financial institution.