5 More Blockchain Companies You Must Follow
Data & Research

5 More Blockchain Companies You Must Follow

Going ahead with the last set of top 5 blockchain companies which you absolutely must follow, here are 5 more of such companies:

Qtum

With a total market cap of 687,369,887 USD, Qtum is the UTXO-based smart contract system which uses a proof-of-stake consensus model. It works by using the Account Attraction Layer which combines Ethereum Virtual Machine and Bitcoin Core.

Using the proof-of-stake model helps in reducing the network’s computational difficulty. It also helps in increasing the possibilities of scaling parts of the system or even the entire system.

It was launched in March 2017 by Patrick Dai, Neil Mahi, and Jordan Earls. Patrick had earlier worked at Alibaba. Neil, on the other hand, is a former Chief Blockchain Architect of BitSE.

Qtum partnered with Baofeng on 28th December 2017 in order to transform the way the movie and music industry work. Baofeng is the largest video hosting platform in China, and the partnership meant a great deal for both the parties.

OmiseGO

With a total market cap of 947,639,558 USD, OmiseGO is a decentralized financial technology platform for payment and exchange services.

It was launched in June 2017 by Donnie Harinsut and Jun Hasewaga, who had then developed an error-free mechanism which could help in keeping the token liquidity high. And in August 2017, it became the first Ethereum based token to have a market cap of over 1 billion USD.

This Ethereum based platform acts as a link between payment gateways, systems, and financial organizations. While the team is a bit unfamiliar to much of the Blockchain community, a well-rounded team of advisors is all that they need to make it through. With industry leaders such as Vitalik Buterin, Gavin Wood, Joseph Poon, Roger Ver, and a lot of others, they certainly have a star-studded advisory board.

The OmiseGO team is supported by the Thai Minister of Finances which is an important advantage that they have over many other cryptocurrencies in the market.

Steem

With a market cap of 850 million USD, Steem is a decentralized social publishing network. It rewards you on how many likes your post gets.

The reward system incentivizes the process of sharing media on the publishing network while letting you know about the response of the community towards your post. This insight can help you improve your skills and help you make more likable pieces of content.

With Steem, you can also raise funds from the community by creating new tokens in the network. Adding up all that is good about the platform, it comes as no surprise that the platform has more than 500,000 people using it.

Ned Scott and Dan Larimer launched Steemit in July 2016. Ned and Dan are CEOs and CTOs in multiple companies.

Augur

With a market cap of 308,048,400 USD, Augur is a prediction market platform for real events.

If you are sure about something happening in an event, you can buy shares from the platform for the predicted outcome. Being Ethereum-based, the system provides you with smart contracts ensuring the payments are dealt with.

Since the predictions all work on the public Blockchain, there is no way for anyone to change their prediction at a later stage.

Augur was launched in August 2015 by Jack Peterson and Joey Krug. Joey is an Investor and Co-Chief Investment Officer at Pantera Capital.

Golem

With a market cap of 234,959,226 USD, Golem is the first open-sourced decentralized supercomputer.

Golem’s network is powered by the computers of its users. Industries such as cryptography, Biology, Machine Learning, DNA Analysis, Discrete Logarithm, Big Data etc, perform a lot of computations which leads them to need a lot of computational power. Golem provides them just that.

It was launched in November 2016 by Julian Zawistowski and Piotr Janiuk. Julian is the vice president and chairman at Institute for Structural Research.

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.