Blockchain
GoodFirms Reveals Top Blockchain Development Companies in the USA and Worldwide for Sectors of Industries
Blockchain technology is evolving rapidly with no signs of slowing down. Today, businesses have started opting for blockchain technology to obtain a robust security platform. One of the most likable features of blockchain technology is transparency. It provides complete transparency so that all the participants can keep an eye on all the ongoing transactions.
As businesses have transformed to digital platforms, hackers have also increased and are using various ways to hack the devices and perform illegal activities. It has created a prevalent fear among business owners and people to sell and purchase products online as they are concerned about the security and payment scams.
However, many of the businesses are collaborating with Top Blockchain Technology Companies worldwide to enhance operational efficiency, reduce costs, and decentralize data. Blockchain also helps eliminate the middleman or data gatekeeper, allowing businesses to trace products and transactions easily. Additionally, it assists the companies in streamlining efficiency by providing transparency, reliability, authenticity, and security.
Presently, various industries and organizations in the USA and worldwide seek blockchain technology companies to assist them in carrying out all sorts of functions and processes to run smoothly. Service seekers find it challenging to find the perfect partner as there are numerous of them, and all claim to be the best.
Thus, to help the businesses, GoodFirms.co highlights the evaluated list of top blockchain development companies in the USA and from worldwide to help various sectors. It includes Banking & Financial, Healthcare, Insurance, Supply chain & Logistics, Government & Public Sector, Real Estate, Retail to transform their businesses, increase their revenues and save operating costs.
Take a Sneak Peek at the List of Top Blockchain Development Companies in the USA and globally for Sectors of Industries at GoodFirms:
Top Blockchain Development Companies in the USA:
Unicsoft, SoluLab, ELEKS, Labrys, Adoriasoft, Idealogic, Talentica Software, OpenXcell, Cubix, InterScale.
https://www.goodfirms.co/directory/country/list-blockchain-technology-companies/usa
Top Blockchain Banking and Finance Companies:
Block360, LeewayHertz, Tokyo Techie, Intuz, IDB Technologies, Accubits, PixelPlex, Infopulse, Interwork Software Solutions, Virtusa.
https://www.goodfirms.co/blockchain-technology-companies/banking-financial
Top Blockchain Healthcare Companies:
Solve.Care, Factom, Change Healthcare, Akiri, Shivom, Embleema, SimplyVital Health, Open Health Network, Blockpharma, Robomed Network.
https://www.goodfirms.co/blockchain-technology-companies/healthcare
Top Blockchain Insurance Companies:
Block Gemini, Openledger, Oodles Blockchain, Digital Forest, Envision Blockchain Solutions, CapB InfoteK, Kellton Tech Solutions Limited, Birlasoft, Credits, TIBCO Software Inc.
https://www.goodfirms.co/blockchain-technology-companies/insurance
Top Blockchain Supply Chain & Logistics Companies:
Blockhead Technologies, Modum, T-Mining, Chronicled, Morpheus.Network, Tradeline, TBSx3, ShipChain, TangoTrade, Eximchain
https://www.goodfirms.co/blockchain-technology-companies/supply-chain-logistics
Top Blockchain Companies for Government and Public Sector:
Kaleido, Civic Ledger, ConsenSys, Bitdeal, Kudelski Security, Technoloader, BrancoSoft Private Limited, Deqode, Cyber Infrastructure Inc., Antier Solutions.
https://www.goodfirms.co/blockchain-technology-companies/government-public-sector
Top Blockchain Real Estate Companies:
Blockchain Firm, Aeries Blockchain Corporation, Chetu, Q3 Technologies, Bodhtree, Neebal Technologies, Velvetech LLC, N-iX, Logicsoft, Bitstone.net.
https://www.goodfirms.co/blockchain-technology-companies/real-estate
Top Blockchain Companies in Retail:
ValuCoders, SotaTek, TechGropse Pvt. Ltd., Parangat Technologies, BirthVenue Growth Solutions Private Limited, VironIT, CDN Solutions Group, Accubits, Knackroot TechnoLabs LLP, Blockchain App Factory.
https://www.goodfirms.co/blockchain-technology-companies/retail
A B2B GoodFirms is a globally renowned research, reviews, and rating platform. Its main objective is to assist the service seekers in connecting them with the top companies. The analyst team of GoodFirms conducts a scrupulous assessment which includes several metrics.
The research process integrates three key factors that are Quality, Reliability, and Ability. Each element is segregated into numerous metrics, such as verifying the complete background of every firm. The analyst team also identifies the years of experience in their specialization, online market penetration and client reviews.
Furthermore, considering the overall research process, GoodFirms provides the scores to each agency out of a total of 60. Thus, according to these points, all the firms are indexed in the catalog of top development companies, best software, most excellent marketing firms and other service providers as per their categories.
Additionally, GoodFirms encourages the service providing companies to take part in the research process and show the evidence of the work done by them. Hence, grab an opportunity to Get Listed for free in the list of top companies and software. The firms that obtain the place at GoodFirms as per their proficiency area will get a chance to expand their business globally, get new prospects, and increase the revenue.
Blockchain
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.
The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.
While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.
Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.
A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.
Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.
Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.
Source: cryptonews.com
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.
Blockchain
ASIC cracks down on blockchain mining firms
Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.
According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.
The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.
ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.
In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.
While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.
Source: iclg.com
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Blockchain
Crypto and Blockchain Weave Deeper Into the Biometrics Space – Identity News Digest
AuthID Inc. has formed a strategic partnership with the National Notarial Centralized Verification System (NNCVS) to integrate biometric identity verification into NNCVS’s online notary platform. NNCVS, a provider of nationwide online services for notaries, aims to transition from a local, in-person framework to a more secure, digital model. By leveraging AuthID’s platform, NNCVS will authenticate the identities of notarial agents and their clients using biometric checks that compare selfies with ID document photos. This enhancement ensures heightened security throughout users’ interactions with the service.
iVALT has introduced a mobile app called OnDemandID, designed to enable users to verify the identity of individuals during phone calls, video calls, or online interactions with a single click. The app employs multiple verification elements, including biometrics, device ID, and location-based parameters like geofencing and time windowing, to prevent deepfake attacks and identity fraud. OnDemandID prioritizes user privacy by storing biometric data locally on the device and refraining from tracking user movements. Additionally, iVALT offers integration into existing enterprise mobile apps, providing a solution to enhance caller verification processes within corporate environments.
Keyless, a company specializing in secure facial recognition, has partnered with EnQualify, an AI-powered Know Your Customer (KYC) verification provider, to enhance online identity verification. Keyless’s privacy-centric ZKB technology will integrate with EnQualify’s AI for initial user verification, enabling a seamless and secure authentication process. This collaboration eliminates the need for repetitive steps and data storage, offering a faster and more user-friendly verification experience while ensuring robust security measures.
Australian fintech Waave has launched its Wallet app to enhance security and convenience for online payments. Integrated with Waave’s Pay by Bank system, Wallet utilizes fingerprint or facial recognition for secure authentication, eliminating the need for passwords and card details. This approach addresses concerns about online fraud, providing a streamlined payment process for consumers and merchants alike. Additionally, Wallet will introduce expense tracking features later in 2024, further enhancing its utility for users.
BeatBit Wellness Lab has introduced the CUDIS ring, a wearable device focused on user-controlled health data management. Powered by Solana blockchain technology, CUDIS tracks biometric data and offers personalized health insights using AI algorithms. Users can contribute anonymized data to a research network and earn rewards, emphasizing data ownership and privacy. The CUDIS ring integrates securely with other Solana and Web3 products, offering users a comprehensive health monitoring solution within the decentralized ecosystem.
Worldcoin has unveiled World Chain, a new blockchain platform designed to prioritize verified human users over bots, aiming to reduce network congestion and transaction fees. Integrated with the Worldcoin protocol’s Proof of Personhood, World Chain provides verified users with priority blockspace and gas allowances. This Layer 2 solution, secured by Ethereum, offers developers access to a large pool of verified users for deploying utility applications. World Chain is set to be open source and permissionless, with plans for community-based governance in the future.
New South Wales (NSW) has launched an Australia-first trial to test digital birth certificates, involving over 18,000 children associated with specific educational institutions. Led by the NSW Registry of Births, Deaths and Marriages in collaboration with the Department of Customer Service, the pilot explores the use of digital certificates with the same legal validity as traditional paper versions. Digital birth certificates aim to simplify administrative tasks and offer enhanced security and convenience, particularly in disaster-prone areas where paper documents could be compromised.
Source: findbiometrics.com
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