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Top 5 Blockchain Companies to Watch in 2019

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With Q4 already upon us, 2018 is drawing to a close. Some would say that the bear market, regulatory clampdown, and nosedive in industry size would make this a year to forget. But the reality is that a lot of work gets done during bear markets. HODLers and traders may bemoan the tanking price of ETH and XLM. But there are plenty of blockchain companies working hard to launch their platforms for the coming year.

We can expect some eye-opening developments in the months ahead across the board. But let’s check out these top five blockchain companies worth keeping an eye on in 2019.

1. Polymath

With the charismatic CEO Trevor Koverko at the helm, Polymath is causing quite a stir on the circuit lately. Known for his smart investment choices (he went big on Ethereum back in the day and has a large stake in ShapeShift and EOS), Koverko’s also done time on both Wall Street and Silicon Valley. And the advisory board includes names like Partick Byrne of Overstock, Ethereum co-Founder Anthony Di Iorio, and ShapeShift’s Erik Vorhees.

What’s so special about Polymath? In the changing regulatory landscape, 2018 has seen a major shift toward security tokens in the USA. Polymath is creating the ST-20 that aims to be the “Ethereum of Security Tokens.” By offering the next standard in security tokens, the platform will provide companies with the technology layer they need to create their own security token effortlessly. And help trillions of dollars of securities to migrate to the blockchain at the same time.  

2. Digitex Futures

Digitex Futures is looking to set the futures trading industry on fire in 2019. With the launch date for the completed exchange set for later this year, the company is rolling out the platform to its first 5,000 waitlist users. It’s then airdropping them 1,000 DGTX (its native token) to experiment with before final roll out. This provides the perfect testing environment for its developers, and also allows keen futures traders to get started faster.

There are a few features that set this crypto exchange apart. Mainly that it offers a commission-free trading model and decentralized accounts. Ex-pit trader CEO Adam Todd frequently saw profitable days turn into losses due to crippling commission fees. Now he’s finding a way to produce a highly liquid exchange that should be the answer to futures traders’ prayers.

3. OST

OST as its own blockchain is amassing a growing number of DApps building on top of its technology. From token design and staking to airdrops and analytics, OST has plenty to offer businesses wanting a native token. Some OST partner companies already include PassKit, LytePay, LGBT Token, and Unsplash.

Continually growing their developer community has already gotten OST a name within the crypto space but their latest news is hot off the press. Revealed during an Ethereum hackathon at ETHBerlin, OST claims to have found the solution to Ethereum’s scalability issues: OpenST Mosaic, a consensus protocol that will run meta-blockchains on top of Ethereum, allowing for tens of thousands of transactions per second.

4. SMART VALOR

Swiss-based SMART VALOR is launching a decentralized global marketplace for tokenized alternative investments, including digital assets, such as cryptocurrencies, and tokenized assets, like private equity and real estate. The company recently announced that it had received regulatory approval to act as a financial intermediary in Switzerland. This is important since the majority of cryptocurrency exchanges currently fail to comply with AML/KYC practices and offer investors little security.

With the VALOR platform set to launch in Q4 this year, SMART VALOR has a history of working with regulators. CEO Olga Feldmeier was dubbed by the media as the “Bitcoin Queen” of Switzerland’s Crypto Valley. She was instrumental in leading the legislative case for Xapo, one of the largest Bitcoin custodians out there. Focused on democratizing access to wealth, the company aims to open up investment in previously off-limit assets to a far wider investor pool, causing a “revolution in global investment.”

5. Lucidium Health

Lucidium Health is bringing Blockchain to clinical trials. According to industry reports, over 70 percent of clinical trial participants drop out of the trial midway. This makes the trial conductors, the CROs, pick larger sample sizes to meet the trial requirements. Lucidium Health uses smart AI and ML to match the most suitable trial participants with the clinical trials.

To ensure adherence to the trial protocols, Lucidium Health will use the Stellar Blockchain and its unique feature of trust lines. The team comprises veteran clinicians who understand the industry inside out and have partnered with Turing Labs, a Blockchain development company, to build this well-planned project.

Wrapping It Up

With a heavy focus on regulation and compliance, as well as innovation, 2019 promises a ton of new developments in the blockchain world. As companies start to deliver on their promises and provide the platforms their investors expect, and new solutions are discovered to improve existing infrastructure, 2019 could be the year we cross the chasm to mass adoption after all.

Check out the Global Coin Report talk show as we address all the highlights in crypto and the financial markets. With guests from all over the cryptosphere bringing you news, editorial, and of course, money making opportunities.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Blogs

Understanding the Uses of Different Types Of Cryptocurrencies

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Cryptocurrencies – a term which has become incredibly prominent in the mainstream media during recent years due to the proliferation of Bitcoin millionaires. As a result, the new form of currency has earned an almost infamous status. However, as with any major step forward, there is still much confusion regarding the use of cryptocurrencies, what different types of innovative electronic cash exist and what they might mean for the future.

We’re putting all of this to rest as we explain what each of the leading cryptocurrencies can do.

Bitcoin

The most popular form of cryptocurrency, Bitcoin was first thought up in 2008 by the elusive and still unknown creator, Satoshi Nakamoto, who published the whitepaper online.

It took almost a decade for the cryptocurrency to reach its peak, but in December 2017 a single Bitcoin roughly exchanged for the price of $17,000, meaning anyone who held a substantial amount of the electronic cash became significantly wealthy.

In its early years, the cryptocurrency was strictly used as an alternative for cash transactions, and predominantly for trading goods and services. However as it has increased in popularity, its range of uses has also widened, now deployed for a variety of purposes including acting as collateral for investments at merchant banks, a direct debit for subscriptions services and most notably for sports betting.

Ripple

Bitcoin’s closest source of competition, Ripple was founded…

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New DoJ Ruling May Cripple Gambling dApps

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A new decision made by the US Justice Department has expanded restrictions regarding online gambling in the US affecting gambling dApps. While the Federal Wire Act of 1961 prohibited online gambling regarding sports since 2011, the new decision expanded on this, and it now includes all forms of internet gambling. Unfortunately for many, this now also includes cryptocurrencies.

The new decision came due to considerable difficulties when it comes to guaranteeing that only interstate betting will take place and that payments will not be routed via different states.

The new announcement was explained in a 23-page-long opinion issued by the Department of Justice’s legal team, which pointed out that the 2011 decision misinterpreted the law. According to that decision, transferring funds was to be considered a violation, but data transfers were not included. By exploiting this oversight, it was possible for gamblers to turn to internet gambling. Unsurprisingly, many have realized this early on, including startups, as well as large, established firms. This, of course, also included cryptocurrency companies as well.

The new decision changes what is allowed online

The decision to include all forms of internet gambling is a massive hit in the…

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7 Steps to Recovery from a Crypto Trading Loss

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Whether you are a newcomer to the crypto market who mistakenly invested a large amount into the wrong coin, or a professional that made a well-researched decision and something still went wrong, the result it the same — you lost your money to the crypto market. This is a big problem, but also a problem that every crypto trader faces at some point.

The reason may be anything, from simple bad luck to the lack of research. Add to that the fact that the crypto market continues to be extremely volatile, and it is clear that not all of your trades are going to end up successfully.

Whatever the reason is, the fact remains that you experienced a loss and that this is a problem which can affect more than your funds. It can also affect your mind and feelings. Since every successful trade that you have the potential to make in the future depends on you, you have to recover first, and only then should you worry about the funds.

The road to recovery is different for everyone, and it will take a different amount of time and effort. However, there are a few general steps that you can take to recover from a crypto trading loss.

Step 1: Stop and calm down

You have just suffered a major loss. It may have been your mistake, or…

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