A blockchain is a decentralized, shared ledger that records transactions and tracks assets in a corporate network. The purpose of a blockchain is to allow digital information to be distributed and recorded, but not edited. Blockchain platforms create and manage an array of Web3 functions, including NFTs. Blockchains make possible the initiation and execution of transactions, such as cryptocurrencies like 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 blockchain.com block explorer bitcoin wallet users worldwide. Ten percent of the world’s population owns cryptocurrencies. Sixteen percent of Americans have invested in cryptocurrency.
If you are a crypto enthusiast, you won’t want to miss this year’s Benzinga Future of Crypto conference. The conference will take place at Pier Sixty in New York 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 2022 conference will take place at 8 am on December 7, 2022.
It’s not just big states like New York and California – Connecticut is now online as a hotspot for cryptocurrencies and the blockchains that carry them. Today’s blockchains increase efficiency, lower transaction costs and increase security.
Here are five big blockchain startups to watch in Connecticut.
Clave is an American technology company that provides users with a Web3 compatible wallet to access simple, intuitive and secure solutions to traditional financial services. These services include credit payments and transfers. Clave also provides a gateway to a new era of blockchain technology-based financial products. Founded in 2019, Clave is located in Greenwich, Connecticut.
Founded in 2011 and based in Milton, Connecticut, MINDS is an open source social network dedicated to internet freedom. MINDS’ mission is to elevate global discourse through a freer Internet. This means allowing more freedom of expression, privacy and community governance. MINDS is an open-source blockchain specializing in crypto-economy.
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 liquid ecosystem for various institutional players in the field of cryptocurrency and digital assets. Digital ECN was founded in 2020.
Eka Software Solutions is a global leader in providing innovative cloud solutions that unify a range of workflows, from procurement to payments. Its platform-driven solutions help customers overcome complex challenges and accelerate their digital journey environment. Eka was founded in 2004 in Norwalk, Connecticut.
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 customers’ traditional IR initiatives and maximize return on investment.