India loves crypto, leading the global market in adoption for multiple years. Crypto is built upon blockchain technology, a digital method of decentralization. Bengaluru is full of established and startup blockchain companies, which work with decentralized public ledgers across a diverse range of applications, from cryptocurrency and NFTs to digital transactions. The Indian blockchain market is booming, with growth projected to soon exceed $6 billion. Here are the blockchain companies in Bengaluru to know.
Blockchain Companies in Bengaluru
- CoinSwitch
- SigniTeq
- Binocs.co
- Spheron Network
- NEW STREET TECH
Top Blockchain Companies in Bengaluru
Spheron Network is a decentralized platform for computing resources like cloud storage and hosting. On the Spheron Network, users can upload, store, host and manage their data through a peer-to-peer blockchain network. Spheron’s platform is used by individuals, organizations and data centers. It also allows users to earn money or credits in an internal GPU marketplace.
Pythian is a global IT company helping its clients leverage their data, analytics and cloud computing. In 2018, the company won Microsoft Canada’s Application Innovation IMPACT award for its software license management system built in Microsoft Azure with a blockchain backend. Pythian is headquartered in Canada and opened an office in Bengaluru in 2022.
CoinSwitch is a fintech company that deals in cryptocurrency. It offers a rupee-powered trading platform where users can buy, sell and exchange digital assets across multiple exchanges — using blockchain technology to provide security, anonymity and speed. The CoinSwitch app is one of India’s largest crypto app and provides exchange services for more than 80 digital currencies.
SigniTeq is a technology company offering blockchain-enabled services. It uses AI and machine learning to deliver full IT systems that run on blockchain. The company also works with established and legacy systems to upgrade them to blockchain-based options. In addition to strategic technology consulting, the company provides startup consulting and workforce solutions for tech teams.
Bengaluru-based Tata Consultancy Services provides blockchain services through its Quartz platform, which enables institutional grade, secure custody and transaction management for crypto and digital assets. TCS has more than 600,000 consultants in over 55 countries around the world.
Innominds is an AI-first digital transformation and product engineering services company. The company offers blockchain services for data security, information reconciliation and asset traceability. Innominds clients include Adani, Vistex and Sheltered Harbor. Innominds is headquartered in California, with additional offices in several Indian cities.
New Street Tech is a blockchain technology company that creates blockchain-enabled platforms that use AI, IoT and other emerging technologies. Its product, MiFiX, short for “multi-interface financial eXchange,” is a blockchain ecosystem for the financial services industry that can be used to connect financial institutions, banks and non-bank financial companies using the Hyperledger blockchain.
Cigniti is a digital assurance and digital engineering company. Its clients use the company’s blockchain services to help develop Bitcoin exchanges and digital wallets, mobile apps and other projects. Cigniti has two offices in India, in Hyderabad and Bengaluru.
Digital consulting company Focaloid provides end-to-end technology services. It serves small businesses, big brands and startup companies, offering big data services, wearable technologies, AI, machine learning and blockchain capabilities. Focaloid is based in the United States, with a secondary location in Bengaluru.
Binocs.co is a cryptocurrency startup that developed a tax reporting and compliance platform for crypto investors. Its software provides tracking of tax obligations and crypto investment portfolios so that users can properly report their returns on investments, profits and losses and capital exchanges. Binocs.co’s simple interface can generate a report in under an hour.
