23 blockchain companies paving the way for the future

By Sam Daley  |  August 7, 2018

Blockchain is becoming a legitimate disruptor in a myriad of industries. The technology has become so promising that none other than tech giant IBM is investing more than $200 million in research. Further, more than 90% of European and US banks are researching blockchain options. The technology can revolutionize government, finance, insurance and personal identity security, among hundreds of other fields.

We've rounded up 23 interesting examples of US-based companies using blockchain. While some can be categorized as fundamentally blockchain companies, others are familiar names embracing the new technology. Regardless, everyone on our list is proving blockchain an avenue for improving the future.  

 

circle blockchain companies
Circle

Circle

Industry: Fintech

Location: Boston

What it does: Circle is an online money transfer and cryptocurrency investment platform. Without exchange rate fees, friends can transfer money in different currencies with a simple text. Recently, the Boston-based company began offering investment opportunities in seven different cryptocurrencies.

 

opskins blockchain companies
OPSkins

OPSkins

Industry: E-Commerce, Gaming

Location: Santa Monica, Calif.

What it does: OPSkins is an online trading platform where gamers can buy and sell virtual accessories and items. Players can purchase or sell skins, weapons and even emotes on the marketplace, spanning dozens of games, including the popular "PlayerUnknown’s Battlegrounds." The peer-to-peer methodology used in the technology helps gamers discovery and safely purchase virtual items from the ordinary to the very rare.

 

tradove blockchain companies
TraDove

TraDove

Industry: Social Media, E-commerce

Location: Palo Alto, Calif.

What it does: TraDove is a B2B social network connecting buyers and sellers. The company’s blockchain platform introduces the correct buyers to the correct sellers for their products, manages supply chain and acts as a communication tool for potential customers. Amazon, John Deere, Lowes and IKEA are just some of the global brands using TraDove to find the right buyers and sellers.

 

robinhood blockchain companies
Robinhood

Robinhood

Industry: Fintech

Location: Menlo Park, Calif.

What it does: Robinhood is a stock brokerage app that lets users buy and sell stocks, ETFs and cryptocurrency. The fintech giant recently entered the blockchain realm by letting customers invest in everything from Bitcoin to Litecoin. With more than $500 million in funding, Robinhood is one of the major financial players currently embracing blockchain.

 

coinbase
coinbase

Coinbase

Industry: Fintech

Location: San Francisco

What it does: Coinbase is a digital portfolio that lets users buy and sell cryptocurrency. The company’s technology makes buying and managing cryptos easy with features like recurring buys and vault protection. Since 2012, Coinbase has seen over $150 billion exchanged by more than 20 million people.

 

ripple blockchain companies
Ripple

Ripple

Industry: Fintech

Location: San Francisco

What it does: Ripple is a payment network using blockchain to transfer money all over the globe. International financial institutions like American Express, BBVA and BMO use Ripple’s platform to process and send payments on its secure blockchain network. 

 

trusttoken blockchain companies
TrustToken

TrustToken

Industry: Fintech

Location: San Francisco

What it does: TrustToken lets users create asset-backed tokens that can easily be bought and sold. The company’s blockchain infrastructure allows an asset to issue its own coin. For example, TrustToken permits everything from rental properties to commodities to release their own coin, resulting in fractional control and ownership over the asset.

 

oasis labs blockchain companies
Oasis Labs

Oasis Labs

Industry: Cloud

Location: Berkeley, Calif.

What it does: Oasis Labs is a privacy-first, cloud computing platform running on blockchain. Oasis creates smart contracts that allow for total privacy without any corruption. Based in Berkeley, Calif., the company’s cloud computing offers a diversity of options in decentralized trust and privacy protection products.

 

high fidelity blockchain companies
High Fidelity

High Fidelity

Industry: Software, Virtual Reality, Social Media

Location: San Francisco

What it does: San Francisco-based High Fidelity created an open-source platform for developing virtual environments on blockchain. The virtual worlds are designed to be a social and interactive VR experience that can host more than 100 people at once. VR users on the High Fidelity platform can hang out with other users in different virtual worlds, purchase accessories for their avatars and even attend events like a live DJ set.   

 

ankr network blockchain companies
Ankr Network

Ankr Network

Industry: Cloud, Cybersecurity

Location: Berkeley, Calif.

What it does: Ankr Network is a cloud-based blockchain infrastructure for business applications. Ankr is the first company to leverage both blockchain and hardware for cloud and data security purposes. The company has a plan to develop Proof of Useful Work (PoUW), a self-sustaining blockchain framework that unlocks the potential of idle computers. People all over the world can be compensated by performing PoUW tasks with their idle computers, which the company says can lead to a Universal Basic Income.  

 

ibm blockchain companies
IBM

IBM

Industry: IT, Software, Computing

Location: Armonk, N.Y.

What it does: As mentioned earlier, IBM is the largest company in the world embracing blockchain. With over $200 million invested in research and development, the tech giant is leading the way for companies to integrate hyperledgers and the IBM cloud into their systems. IBM has already helped more than 220 businesses develop applications and data governance tools that run on blockchain.

 

civil blockchain companies
Civil

Civil

Industry: Digital Media, Journalism

Location: Brooklyn, N.Y.

What it does: Civil’s mission is to power sustainable journalism through blockchain. The company's CVL tokens is the software on which journalists can launch their own independently operated newsrooms. The tokens will give journalists a stake in making decisions and appealing violations of the company’s constitution. Since the journalism published is on blockchain, the stories can never be deleted or redacted to falsify information.

 

bloq blockchain companies
Bloq

Bloq

Industry: Software

Location: Chicago

What it does: Bloq develops global blockchain ecosystems that improve business infrastructures. The software management system supports both public and private networks, while protecting even the most sensitive data from breaches.

voatz blockchain companies
Voatz

Voatz

Industry: Cybersecurity, Government

Location: Boston

What it does: Voatz is a mobile voting platform running on blockchain. A Techstars Boston 2017 cohort, Voatz makes election participation easier and more accessible by enabling voting via smartphone, while also thwarting election security risks by combining biometrics and blockchain for incorruptible, transparent election outcomes.

 

blockstack blockchain companies
Blockstack

Blockstack

Industry: Internet of Things, Open Source, Developer Platform

Location: NYC

What it does: Blockstack is an internet for decentralized apps. The Blockstack platform helps engineers build blockchain-based apps that lets developers own their own encrypted data without the need for a server. Users can join the company’s community and safely discover hundreds of blockchain apps.

 

Steem blockchain companies
Steem

Steem

Industry: Social Media

Location: Austin, Texas

What it does: Steem is a blockchain-based rewards platform for social media publishers looking to monetize content and grow their communities. The company’s Smart Media Token (SMT) can be launched by anyone to help monetize digital content and incentivize behavior. So far, Steem has given out more than $40 million in SMT to social media producers.

 

lockheed martin blockchain companies
Lockheed Martin

Lockheed Martin

Industry: Aerospace, Defense

Location: Bethesda, Md.

What it does: Defense giant Lockheed Martin is currently integrating blockchain into its developmental processes. The company is using blockchain in cybersecurity methods while also looking into software utilization. Lockheed Martin is now the first US defense contractor, and one of the largest companies in the world, to embrace blockchain.

 

ford blockchain companies
Ford

Ford

Industry: Automotive

Location: Detroit

What it does: American automaker Ford is teaming up with Renault, BMW and General Motors to form a coalition dedicated to blockchain technology in the automotive space. The iconic company recently filed a patent that suggests the company is looking into a blockchain system where drivers can transfer other drivers cryptocurrency to maneuver around them.

 

omega grid blockchain companies
Omega Grid

Omega Grid

Industry: Fintech, Cleantech

Location: Chicago

What it does: Chicago-based Omega Grid’s blockchain technology lets energy businesses, as well as individuals, manage peer-to-peer energy sales. Founded in 2017, the company is using blockchain to turn energy into a managed, profitable asset.

 

tokken blockchain companies
Tokken

Tokken

Industry: Fintech, Cannatech

Location: Denver

What it does: Tokken gives online banking privileges to previously cash-intensive industries like cannabis. The company's infusion of blockchain and online banking allows such industries to grow in a safe and traceable way. The technology helps cut down on money laundering and creates a completely transparent data ledger.

 

filecoin blockchain companies
Filecoin

Filecoin

Industry: Fintech

Location: San Francisco

What it does: Filecoin incentivizes individuals for using the company’s mining software on the unused cloud storage space of personal computers, hard drives and even data centers. Because data mining takes up so much storage, the company is giving miners their own Filecoins, which can be traded for US dollars, Bitcoin and Ether. By making cloud storage a commodity, Filecoin is turning blockchain technology into a competitive storage market. 

 

mediachain blockchain companies
Mediachain

Mediachain

Industry: Digital Media, E-commerce, Social Media

Location: NYC

What it does: Mediachain is a blockchain-based music platform that registers, identifies and tracks creative works online, ensuring the original information about content is identified. Mediachain also lets creators and developers collaborate in an open-sourced, decentralized space. Music giant Spotify recently acquired the company for undisclosed amount.

 

shipchain blockchain companies
ShipChain

ShipChain

Industry: Transportation, Logistics

Location: Los Angeles

What it does: ShipChain is a fully-integrated supply chain management platform using transparent blockchain contracts. The extensive logistics platform lets supply chain managers efficiently track shipments, incentivize operators for efficient routes, and view a fully-transparent shipping process. Anchored in Los Angeles, the blockchain platform has already raised $30 million in funding.

 

Images via Shutterstock, social media and screenshots of company web pages.

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