In case you need a quick refresher, blockchains are made up of chronological records of transactions. The information that’s stored in these ledgers is saved in verifiable chunks, which are known as blocks. Blocks are chained together to form blockchains.
This technology is completely revolutionary, but it’s yet to go mainstream. That being said, blockchain technology is already proving successful for a variety of companies in various fields, from security to transportation and logistics.
Below are five blockchain companies to keep your eye on moving forward.
1) Binded
Blockchain is often associated with digital currencies, but it has many other applications. For example, individuals can use blockchain to register and protect their copyrights — free of charge.
Binded helps customers register and protect their images. When you register a photo on their platform, it is assigned a permanent, unalterable timestamp. As soon as this information is added to a blockchain, it stands as a “proof of publishing” certificate. From this point on, you can provide your timestamp as proof of publication to protect your photo from being used without your consent.
2) ShipChain
Blockchain has special advantages when it comes to the tracking and efficiency of shipping. A company named ShipChain is capitalizing on this opportunity and disrupting transportation and logistics on the blockchain.
From the second a shipment disembarks to the moment it arrives, it can be tracked on ShipChain’s transparent blockchain.
For the first time in history, companies and individual buyers don’t have to follow their products on one or more single access points. Instead, they can track them across the entire supply chain, between all carriers.Most recently, ShipChain’s innovative concept has won the company a place in the Blockchain in Trucking Alliance. This, alongside…
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