A blockchain is a distributed ledger system that records digital asset transactions. The technology’s popularity stems from its immutable nature, which promises reliability and security — attributes that are important for many industries. In Singapore, interest in exploring blockchain’s potential became so compelling it led to government funding for establishing the Singapore Blockchain Innovation Programme to advance the development of decentralized technology with real-world applications. The country has become a key player in blockchain innovation. Here’s a list of some of Singapore’s industry leaders.
Singapore Blockchain Companies
- Bluzelle
- AuroBlocks
- Oasys
- QuillAudits
- The Spartan Group
Blockchain Companies in Singapore to Know
Oasys specializes in blockchain-based gaming experiences. The company says its platform has a double-layer architecture designed to support high transaction volume, which can be a major roadblock for blockchain games. Developers can engage with the Oasys ecosystem by building a Verse layer for deploying games or joining a Verse to onboard their games.
The Spartan Group invests in and helps to develop Web3 ventures, with its Spartan Capital division focusing on investments in the DeFi, gaming and blockchain infrastructure spaces. Spartan Labs serves as a venture studio that collaborates with founders, offering product and brand development expertise to help get projects off the ground.
QuillAudits is a cybersecurity company that focuses on working with blockchain and Web3 technologies. Its solutions cover smart contract audits, penetration testing to identify and address blockchain vulnerabilities, blockchain forensics for investigating hacks and other expert-led services to bolster reliability throughout the blockchain ecosystem.
Bluzelle operates a decentralized storage network meant to help creators such as game developers and musicians protect their content. Bluzelle is responsible for the Capella NFT marketplace, which enables secure NFT trading and collecting specifically for the gaming community.
AuroBlocks relies on its team members’ skills and experience in working with blockchain technologies to support businesses’ Web3 projects. The company has expertise in areas ranging from NFT and crypto wallet development to real estate tokenization. It serves clients across the financial services, agriculture, supply chain, insurance and healthcare industries.
Delta Exchange is a derivatives exchange for cryptocurrencies. Like traditional derivatives exchanges, it functions as a marketplace where contract assets are traded. Users can buy and sell contracts such as futures and options on such marketplace exchanges. Delta Exchange applies this same model to crypto, using blockchain to offer contracts like futures, options and perpetual swaps on Bitcoin and other leading digital currencies.
Financial services firm ADDX offers a securities exchange platform that provides users with access to private markets via fractionalized investments. This model allows people to essentially purchase pieces of assets, and ADDX uses blockchain technology to enable tokenization and ensure secure transactions.
Chainlink Labs’ Web3 services platform enables trillions of dollars in transaction value across various industries by connecting smart contracts to real-world data and off-chain computation across any blockchain. As a fully remote company, Chainlink Labs equips its employees with the tools and resources they need to succeed, including a monthly co-working space stipend and a generous hardware allowance.
Hex Trust is a digital asset custodian in the blockchain and crypto space. Through its security service offerings, Hex Trust stores and protects virtual assets such as cryptocurrency and NFTs, using secure digital keys to control access. Hex Trust works with major financial institutions, foundations and Web3 asset holders.
Input Output is a research and development company in the blockchain space. Its work focuses on building blockchain-based products and tools for the financial services industry, and Input Output operates according to a strict standard of open sourcing and transparent research practices. Input Output is a significant contributor to Cardano, a public blockchain platform that allows uses to transact via decentralized applications.
