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The major acquisitions in cryptocurrency in 2018

The most exciting acquisitions of this year, some of which are destined to change the situation for the cryptic world …

As more and more companies in 2018 expanded their cryptography and blockchain offerings to stay in tune with changing attitudes towards emerging technologies, news about major acquisitions came quickly and often throughout the year.

But there is no doubt that it was the acquisition of BitTorrent by TRON that dominated the headlines of this area in 2018, when the foundation bought the file storage service for a stranger – but certainly of high quality. Since the news was released, BitTorrent has slowly integrated cryptography into its service and now accepts payments in TRON, Bitcoin and Binance Coin.

In October the Project Atlas was announced and would allow BitTorrent users to be paid encryption for sowing files on the service.

"The product will feature faster downloads, more seeds, no mining and backward compatibility," said Justin Lin in a statement. "It is adapted to the world we live in today: mobile, connected and transparent, we aim to finally empower all content creators and their communities by eliminating intermediaries and allowing content creators to distribute them directly to users."

In July, we examined the rumors underway that the social media giant Facebook was trying to acquire Coinbase, concluding that Facebook's PR problems would have made the crypt an enticing area to get a finger on the next scandal ( Facebook, of course, hit my worst news from the summer).

Only a few years ago the voice would not have felt legitimate as in 2018, with companies willing to buy in blockchain sometimes without knowing how they would use the technology.

At the beginning of the year it was revealed that Yahoo Japan had acquired 40% of BitARG for the exchange of cryptocurrencies, which allowed them to immerse themselves in the cryptic world before launching their related services.

Another big move saw TicketMaster, which has long been plagued by large-scale buyers and ticket vendors, buying an updated blockchain-based company. The company software will allow TicketMaster to authenticate tickets using Ethereum, converting them into interactive digital assets to ensure greater security and control for the organizers.

Justin Burleigh, Ticketmaster North America's chief product officer, said: "Ticketmaster is constantly exploring emerging technologies, and there are not many that have the unique blockchain possibilities … We think that blockchain and Upgraded will continue our progress to improve ticketing and creating a safer and smoother experience. "

Other huge innovations included Paypal and Hyperwallet, Binance and Trust Wallet, Coinbase and Paradex, Stellar and Chain, BK Global and Bithumb, Circle and Poloniex, Bitmain and Telescope, and Coinbase and Earn.com.

In the case of the latter, the award-based cryptography platform was purchased by Coinbase primarily for its paid e-mail product which he described as "probably one of the first practical blockchain applications to achieve significant traction" .

While the corporate technology world continues to struggle with hw to use crypto and blockchain, we can expect to see many more stories like these in the new year, and we should certainly keep a close eye on Facebook's plans in space …

Image: BigStock

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