The first use of blockchain technology that has received worldwide recognition is Bitcoin, the first digital currency. Blockchain is an uncentralized ledger, which is linked with the smart contracts. Blockchain technology companies can offer high levels of security through the idea of private and public keys to authenticate.
Blockchain technology can be utilized in any sector where value is traded. The technology has a wider range of applications than just cryptocurrency. Below are the list of start-ups that are likely to create change in the coming years.
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Agrello
Agrello was founded by an Estonian company. Since smart contracts are the most important component of blockchain and cryptocurrency processes, Agrello hopes to revolutionize the way they work.
Its goal is to integrate legal documentation and artificial intelligence to make smart contracts accessible to the public with no extensive blockchain knowledge. Agrello’s interface allows users to develop their own legal-binding smart contracts on Ethereum.
Elastos
Elastos started in 2000. It focuses on developing an internet operating system which re-decentralizing the Internet with blockchain.It is producing a secure new operating system (Dapps) that runs peer to peer without centralized control. It will target make digital assets rare, recognizable and tradable.