5 Connecticut Blockchain Startups to Watch
A blockchain is a decentralized, shared ledger that records transactions and tracks assets in a business network. The goal of a blockchain is to allow digital information to be distributed and recorded, but not edited. Blockchain platforms create and manage a variety of Web3 features, including NFTs. Blockchains enable the initiation and completion of transactions, such as cryptocurrencies such as Tether and BNB, as well as the creation of smart contracts.
Major blockchain platforms include Avalanche, Cardano and Chainalysis KYT. Today, there are over 83 million users of the bitcoin block explorer blockchain.com wallet worldwide. Ten percent of the world’s population owns cryptocurrencies. Sixteen percent of Americans have invested in cryptocurrency.
If you’re a crypto enthusiast, you won’t want to miss this year’s Benzinga Future of Crypto conference. The conference will be held at Pier Sixty in New York City and will feature speakers such as Morgan Krupetskydirector of BD for Institutions and Capital Markets at Ava Labs; Tom Pageler, CEO of Prime Trust; and Alex Salnikov.
The Future of Crypto Conference 2022 will take place at 08:00 on December 7, 2022.
It’s no longer just big states like New York and California — Connecticut is now coming online as a hotspot for cryptocurrencies and the blockchains that carry them. Today’s blockchains increase efficiency, reduce transaction costs and tighten security.
Here are five great blockchain startups to watch in Connecticut.
Clave
Clave is an American technology company that provides users with a Web3-enabled wallet to access simple, intuitive and secure solutions to traditional financial services. Such services include credit payments and transfers. Clave also provides a gateway to a new age of financial products based on blockchain technology. Clave was founded in 2019 and is located in Greenwich, Connecticut.
MIND
Founded in 2011 and headquartered in Milton, Connecticut, MINDS is an open source social network dedicated to internet freedom. MINDS’ mission is to raise global discourse through a freer internet. That means allowing more freedom of speech, privacy and community governance. MINDS is an open source blockchain that specializes in crypto-economics.
Digital EGN
Digital ECN is a next-generation digital financial services company based in Greenwich, Connecticut. It is an electronic communication network that provides a secure, scalable and fluid ecosystem for various institutional players in cryptocurrency and digital assets. Digital ECN was founded in 2020.
Eka software
Eka Software Solutions is a global leader in offering innovative cloud solutions that unite a whole range of workflows from procurement to payment. Its platform-driven solutions help customers overcome complex challenges and accelerate their digital travel environment. Eka was founded in 2004 in Norwalk, Connecticut.
Payrailz
RB Milestone Group is a public relations and communications services company founded in 2009 and based in Stamford, Connecticut. RB Milestone develops artificial intelligence and machine learning to help improve traditional client IR initiatives and maximize ROI.
