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5 Connecticut blockchain startups to watch

A blockchain is a decentralized, shared ledger that records transactions and tracks assets on a corporate network. The goal of a blockchain is to distribute and record digital information, but not edit it. Blockchain platforms create and manage a range of Web3 functions, including NFTs. Blockchains enable the initiation and execution of transactions, such as B. 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 Bitcoin Block Explorer Blockchain.com wallet users worldwide. Ten percent of the world’s population own cryptocurrencies. Sixteen percent of Americans have invested in cryptocurrency.

If you are a crypto enthusiast, don’t 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 PrimeTrust; and Alex Salnikov.

The Future of Crypto Conference 2022 will take place on December 7, 2022 at 8 a.m.

Long gone from being 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 increase security.

Here are five great blockchain startups to check out in Connecticut.

clave

Clave is an American technology company that offers users a Web3-enabled wallet to access simple, intuitive and secure solutions for traditional financial services. These services include loan payments and wire transfers. Clave also offers a gateway to a new age of financial products based on blockchain technology. Clave was founded in 2019 and is based in Greenwich, Connecticut.

UNDERSTANDING

Founded in 2011, MINDS is headquartered in Milton, Connecticut. It is an open source social network dedicated to internet freedom. MINDS’ mission is to advance global discourse through a freer internet. That means enabling more freedom of expression, privacy and community governance. MINDS is an open source blockchain specializing in the crypto economy.

Digital EGN

Digital ECN is a next-generation digital financial services company based in Greenwich, Connecticut. It is an electronic communications network that provides a secure, scalable, and liquid ecosystem for various institutional players in the cryptocurrency and digital assets space. Digital ECN was founded in 2020.

Eka software

Eka Software Solutions is a leading global provider of innovative cloud solutions that unify a whole range of workflows from procurement to payment. Its platform-driven solutions help customers solve complex challenges and accelerate their digital journey 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 improve traditional client IR initiatives and maximize ROI.

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