New Blockchain Companies Innovating Beyond Cryptocurrencies

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26 Mar 2024

Cryptocurrencies:

In a sector with 55K+ entities, the blockchain industry is witnessing an era of unprecedented innovation. We spotlight 10 new blockchain companies from over 26K+ new entrants, advancing item authentication & tracking, quantum cryptography, copyright protection, and much more.
Related topics:
CRYPTOCURRENCYNEW BLOCKCHAIN COMPANIESNEW COMPANIESSMART CONTRACTSTRACEABILITY

The blockchain sector enables solutions like automated payment transactions, digital certificates, copyright protection, and more. These innovations redefine financial transactions as well as enhance data integrity, asset management, and decentralized operations. By democratizing access to technology and finance, new blockchain companies are streamlining processes and fostering transparency and trust in an increasingly digital world.

Continue reading to gain up-to-date and data-driven insights on:

Key Takeaways

Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the blockchain industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:

Blockchain Trends: A few of the important blockchain trends include asset tokenization, blockchain security, blockchain as a service (BaaS), privacy enhancements, and Layer 2 solutions.
Blockchain Industry Statistics: The global blockchain industry encompasses 55K+ organizations and has a 1.6 million workforce. It is experiencing a 19.97% annual growth rate and has seen the emergence of 26K+ new blockchain companies in the past 5 years.
10 Top Blockchain Technology Companies:
1. Flyde Tech – Smart Contract Engine
2. PayperChain – Automated Financial Transactions
3. QANplatform – Quantum-Resistant Hybrid Platform
4. Blokopi – Music Copyright Protection
5. Filix MedTech – Medicine Traceability
6. Authentica – Digital Artwork Certificates
7. AsyAgro – Agriculture Metaverse
8. Eucalyptus Labs – Cryptocurrency Wallets
9. Wine in Block – Wine Bottle Authentication & Tracking
10. Quantum Blockchains – Quantum Cryptography

Discover 10 out of 26K+ Emerging Blockchain Companies

In this segment, we explore the 10 best blockchain companies driving significant changes across various domains. From enhancing digital security to optimizing supply chains and creating digital asset ecosystems, these firms are addressing key challenges and unlocking new opportunities. By embracing blockchain’s potential, these top blockchain technology companies are crafting a more secure, efficient, and transparent future for industries worldwide.

Note on Signal Strength

One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.

1. Flyde Tech

Founding Year: 2022
Employee Range: 11-50
Location: USA
Signal Strength: Medium Strong
What they do: Flyde Tech develops blockchain-powered solutions to protect business data. IoT Armor, its IoT data security solution, combines blockchain and encryption algorithms to ensure authorized access. The company’s other product, HyperFlyde Fabric, is a modular and scalable blockchain solution built on a smart contract engine. It allows businesses to develop privacy, security, and scalability-driven applications for various use cases. Flyde Tech allows the perishables, pharma, and logistics industries to improve data authenticity and supply chain transparency.

2. PayperChain

Founding Year: 2019
Employee Range: 2-10
Location: Germany
Signal Strength: Strong
What they do: PayperChain automates pay-per-use payments using its non-manipulable blockchain technology. The company’s smart contracts process enhances flexibility in cash flow and reduces initial investment requirements. Additionally, the API interface records and securely logs all data on the blockchain. Also, it integrates with the ERP systems of customers, suppliers, and banks. Consequently, PayperChain allows businesses to leverage smart contracts and further minimize risks.

3. QANplatform

Founding Year: 2019
Employee Range: 11-50
Location: Estonia
Signal Strength: Very Strong
What they do: QANplatform develops a Layer 1 hybrid quantum-resistant blockchain that allows developers and enterprises to build quantum-safe applications. These applications include smart contracts, decentralized apps (DApps), decentralized finance (DeFi), tokens, central bank digital currency (CBDC), and non-fungible tokens (NFTs). QANplatform’s blockchain also integrates with programming languages and cloud platforms as well as is compatible with Ethereum EVM. Moreover, QANplatform rewards developers for every blockchain transaction and smart contract deployment. This way, the company allows developers and businesses to build apps securely and rapidly.

4. Blokopi

Founding Year: 2020
Employee Range: 1-10
Location: Israel
Signal Strength: Medium
What they do: Blokopi offers a blockchain-based digital copyright registration service. By registering the original works, like songs and digital art, on the Ethereum Blockchain, Blokopi offers a copyright certificate by pinpointing the location of the copyright details on the blockchain. This service allows artists to assert ownership of the work independently. Moreover, the company establishes a permanent copyright without third-party verification, making it cost-effective.

5. Filix MedTech

Founding Year: 2020
Employee Range: 2-10
Location: Hong Kong
Signal Strength: Very Strong
What they do: Filix MedTech utilizes enterprise-grade distributed ledger technology (DLT) to ensure the traceability of Chinese medicine products at various stages of the supply chain. In addition, its deployment of mobile near-infra-red (NIR) spectroscopy technology, computer vision, and data analytics allows for immediate product verification. Thus, the company enhances the traditional Chinese medicine supply chain by improving traceability.

6. Authentica

Founding Year: 2021
Employee Range: 11-50
Location: Switzerland
Signal Strength: Very Strong
What they do: Authentica embeds a digital certificate within the artwork to secure the authenticity of digital artwork. It utilizes AI to perform an automatic content-based analysis across all NFT blockchains, like Ethereum and Binance Smart Chain, and its proprietary platform. Through this process, the AI flags files with excessive similarity with the original file. As a result, Authentica allows NFT artists to identify copyright violations.

7. AsyAgro

Founding Year: 2020
Employee Range: 11-50
Location: UAE
Signal Strength: Very Strong
What they do: AsyaAgro develops a blockchain-powered metaverse platform for the agricultural industry. The platform integrates features like peer-to-peer (P2P) trading and an NFT marketplace, focusing on security and privacy through blockchain. It connects stakeholders in the agricultural sector, providing a secure, cost-effective, and fast transaction environment. The company emphasizes decentralization, enabling free trading without geographical restrictions. With this, it minimizes transaction fees and speeds up the process, removing traditional banking barriers.

8. Eucalyptus Labs

Founding Year: 2022
Employee Range: 11-50
Location: USA
Signal Strength: Strong
What they do: Eucalyptus Labs develops a blockchain to launch software products. The company’s primary product is Kadena Ecosystem. It focuses on the hyper-growth of the blockchain and supports the projects built on it. This system further offers a Koala Wallet that simplifies the process of buying, sending, receiving, and storing cryptocurrency in the Kadena Ecosystem. Kadena Explorer analyzes and provides insights into these transactions. Kadena Keys derives private keys as a backup mechanism for cryptocurrencies in the Kadena Ecosystem. This way, the company accelerates on-chain software deployment.

9. Wine in Block

Founding Year: 2021
Employee Range: 2-10
Location: France
Signal Strength: Medium
What they do: Wine in Block uses blockchain to store wine bottles’ history, authenticity, nutritional and regulatory details, and its journey to make it tamperproof. It offers three products – Digital Passport, QWIB, and Romane. Digital Passport embeds a quasi-invisible QR code or NFCxRFID tag beneath labels or capsules of wine bottles that consumers use to access product data. On the other hand, QWIB is a standalone electronic device that authenticates wine cases. It monitors temperature and humidity conditions during transportation and storage. Additionally, its Romane NFT Marketplace creates digital twins in the form of non-fungible tokens (NFTs) for wine and spirits to certify their authenticity and traceability. With this, the company combats counterfeit products, ensures quality during transit, and secures distribution channels.

10. Quantum Blockchains

Founding Year: 2021
Employee Range: 2-10
Location: Poland
Signal Strength: Very Strong
What they do: Quantum Blockchains offers quantum secured blockchain (QSB) technology for enhancing blockchain security. It integrates quantum key distribution (QKD), post-quantum cryptography (PQC), and quantum random number generators (QRNG). The company’s post-quantum key distribution (pQKD) device further facilitates secure communication across various platforms. Moreover, its quantum cryptography migration system (QCMS) offers a cost-effective pathway to adopting quantum cryptography. The company thus enhances blockchain security through post-quantum algorithms and expedites the transition to quantum-resistance.

Quickly Find New Blockchain Companies

Utilizing a SaaS platform like the Discovery Platform for identifying new blockchain companies provides significant benefits compared to traditional scouting methods:

Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying blockchain innovations.
Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the blockchain industry. The platform keeps you informed with near real-time updates on emerging blockchain companies and news, enabling you to make swift and informed decisions.
Tailored Exploration: Customize your search to focus on specific niches within the blockchain sector, such as quantum-resistant hybrid platforms, automated payment transactions, or consumer software products. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.

Ready to Explore All Blockchain Companies?

This overview highlights just a few new blockchain companies of all 55K+ currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview.