As we approach the fourth quarter of 2018, blockchain technology is still among the first news, despite a rather harsh year for the cryptocurrency and ICO markets. Although recently it has seen some challenges within the larger market, blockchain technology remains a highly anticipated transformation technology that has the ability to influence each sector on multiple levels.
A study has raised previous estimates of the total value of the blockchain industry from $ 16 billion to $ 60 billion. Much of this anticipated growth comes from established institutions that incorporate blockchain services and solutions, as well as from innovative startups that use blockchain to tokenise everything from real assets to unique token ecosystems and economies.
With this growth came a great variety of new startups and technologies. While it is impossible to capture all high-potential and promising startups, we have selected 10 companies that have the momentum, support and teams to make an impact as soon as Q4 of this year.
Buddy wants to turn miners into mini data centers by creating a decentralized cloud hosting platform. Using their existing developer development automation solution, they want to add logic to the mining hardware and, together with the miners, create an alternative to the cloud offerings of Amazon, Google and Microsoft.
The idea is that, with more services competing for the miners' computing power, Buddy will help advance the entire cryptography industry, disrupting the web hosting market. With a working product already in use, Q4 seems like a revolutionary feature for Buddy.
PLAYnetwork is a new blockchain protocol focusing on the future that connects the physical and digital world of the game. He hopes to become the first to really make the blockchain usable for everyone. Using the blockchain to connect physical toys to digital resources, the platform allows toy owners to customize their toys with attributes, collectible value and the ability to load toys with exclusive and limited resources.
The company hopes to do so by easily assigning digital attributes to physical toys and collectibles, connecting players, developers and owners of intellectual property under a single ecosystem. Beyond toys, any physical object can be extracted in a digital level with PLAY and can therefore be evaluated, improved, auctioned or traded between people, companies and industries.
Navibration Experiences is the world's first social network of guided audio tours based on blockchain technology, where content is created by users: city experts, writers, translators, speakers, reviewers and travelers they will have a place on the platform.
the new tour created will be available for sale and will be controlled by intelligent contracts to ensure transparency, appropriate incentives and user involvement. With a functioning MVP, the initial development of Navibration Experiences was supported by the Spanish government and the company behind the idea patented its innovative vibration-based navigation system.
ReChain is a mobile platform that relies on the performance and security of blockchain technology to protect its data and be rewarded for sharing it with brands and publishers within the first true ecosystem of loyalty. Users will receive points that they can redeem for things like concert tickets, movies and products – and even to support causes in their area and around the world.
With partnerships already in place to reach tens of millions of users, ReChain will focus on making sure their users get the offers they want for the actions they already perform, while providing insights to brands and publishers who allow them to provide true personalization. An easy-to-understand view of premiums that is transparent and profitable for all parties is a plus for everyone.
DACONOMY allows each company, organization and individual to offer, buy and exchange data and gain insights and additional revenue. The company based in Germany is supported by Schober Information Group, which has over 70 years of experience in the data industry.
DACONOMY will solve some of the major problems in the data industry, such as trust, control and use of data, data evaluation and P2P data exchange. The company will launch with over 30 million records of already guaranteed data and aims to be the first platform on the market that transforms data into a freely marketable resource.
PATRON initially made the news as one of the biggest Japanese ICOs of the year, with $ 40 million raised. Since the completion of their ICO, PATRON has created an international team for development and launch in both Asia and Western markets.
Their influencer marketing platform optimizes the way brands, fans and influencers connect. In the third quarter, the company collaborated with a handful of Instagram celebrities, as Sanaa Lathan not only to validate the model but to show its intention to perform globally. Keep an eye on PATRON in Q4 on your Instagram feed and in the news as the platform is launched to fans around the world.
Real estate is a $ 1 trillion market. A large part of it is commercial property in privileged shopping spots. Commissions for agents can be millions of dollars. But at the moment, the transactions are opaque and done manually. This is why eLocations created the largest real estate ad portal in the world.
Apple, Allianz AG and other great players are already using eLocations to find the best locations in stores. With strong recognition from retailers, brokers, landowners and more, eLocations are set to stop the commercial real estate market. Keep an eye on their smart leasing contracts, which will bring transparency to space.
- OPP Open WiFi
OPP Open WiFi has experienced rapid growth, already recruiting more than 75,000 HotSpot hosts that will help bring WiFi to the masses. The innovative project will reward hosts for their unused data within their tokenized P2P ecosystem.
The result will mean more WiFi access points for underserved people globally – the first of its kind. The company aims to reach 25 million hosts worldwide and is expected to reach 1 million downloads by the end of 2019. Keep an eye on the OPPs as they increase in Q4. To learn more about how to be a host or contribute, visit their website.
iTrue is a Blockchain-as-a-Service (BaaS) platform with an integrated system for the Internet. user authentication with unmatched biometric data and privacy controls. iTrue allows companies and developers to create secure, stable and extensible applications. Companies and individual users can earn prizes to participate in the data economy and decentralized app market.
The project combines the benefits of blockchain and databases, which translates into high processing speeds, unlimited data capacity and a solid search capability unmatched by any solution blockchain today. The international team is currently launching a pre-sale, which will allow the participation of stakeholders to support the project.
BHired is at the center of a concept of data monetization and an innovative recruiting platform that will interrupt the way recruiters, candidates and companies work together. Using blockchain technology, the BHired ecosystem will incentivize and reward accurate and timely participation in the hiring process, making the process more efficient.
The reputation and status will also be rewarded, ensuring quality and transparency for all stakeholders on the platform. The company will offer a token sale in the fourth quarter, which can be accessed from its website, to help build and launch its global platform.