The 6 Best Blockchain Businesses Of The UK to Check Out In 2022

The 6 Best Blockchain Businesses Of The UK to Check Out In 2022

The 6 Best Blockchain Businesses Of The UK to Check Out In 2022

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After first being seen as a fad, blockchain technology has emerged as a real disruptive technology resulting from industrialization. The figures have expanded at such an exponential pace that the annual worldwide expenditure on blockchain solutions is predicted to surpass $11.7 billion by 2022, as revealed by the International Data Corporation.

The constant influx of new customers is driving rapid expansion. Bitcoin was the first cryptocurrency for which blockchain technology was developed. However, blockchain technology is currently being deployed well beyond crypto exchange due to Bitcoin’s efficiency and security. Here, we’ll dive further into blockchain technology and the UK blockchain firms that show the most promise for expansion in the next year.

The 6 Best Blockchain Businesses Of The UK

Blockchain.com

Blockchain.Com

If you’re looking for a successful blockchain technology company, go no further than Blockchain.com, one of the UK’s most prominent businesses. In other words, it’s a complete cryptocurrency solutions system where customers may keep, exchange, and manage their bitcoin holdings. The firm’s mission is to build up cryptocurrency-related financial services standards and infrastructure on behalf of both business and consumer customers.

Since its start in 2014, it has raised a whopping £356m in equity funding from investors including GV (Google Ventures) and Lightspeed Ventures, making it the best-funded blockchain technology company in the UK. This sum includes the $218 million it received in a single investment round in March of 2021.

Zamna

Zamna

Zamna is yet another innovative blockchain company building a trusted system for managing user identities across many platforms. Their goal is to make it possible for identification data to move freely and securely throughout the travel ecosystem and beyond.

Zamna is a blockchain platform used to build mobile apps that authenticate users’ digital identities and allow them to safely exchange their identities across services. The environment they envision is one in which tourists may visit various nations and stay in different hotels without ever having to show their passports.

Elliptic

Elliptic

Elliptic creates solutions for crypto firms, financial institutions, and regulators to ensure that all of their crypto assets are in line with the law. To aid companies in reducing risk and protecting themselves from financial crime, its anti-money laundering software employs blockchain analytics across more than 100 crypto assets. Elliptic-powered cryptocurrency exchanges process a whopping 66% of all crypto volume.

Copper

Copper

The industry in which Copperworks is that of digital asset investment. With the help of its custody and portfolio management services, digital assets may be exchanged with the same efficiency and safety as traditional financial instruments.

The ClearLoop product offered by Copper ensures the safety of transactions and enables them to be resolved instantaneously without the requirement for pre-funding. Biticodes is one such site that excels as a safe trading environment.

Adhara

Adhara

Adhara’s primary clientele consists of large enterprises and financial institutions in need of assistance with liquidity management and cross border payments through decentralized financial systems. The use of tokenized money through smart contracts allows for the processing of payments in several currencies, foreign exchange transactions, and international money transfers.

Companies, banks, and governments (commercial and central) are among the company’s current clientele. Banks are the focus of two of Adhara’s blockchain systems, both of which may be used for internal transactions.

Everledger

Everledger

Everledger is changing the game in the logistics industry by introducing cutting-edge tools like blockchain, AI, and IoT to boost supply chain visibility. Our mission is to improve asset data visibility and accessibility, particularly for high-value goods. Any manufacturer using the Everledger Platform may verify the provenance, ownership, and attributes of their goods. Object-level provenance records may be uploaded to the blockchain with the help of this program, which provides explicit documentation of production specifics.

Summary

The world of blockchain and digital currency moves at a breakneck speed, making it easy to become disoriented. Every day brings about the birth of new businesses, making familiarity with the fundamentals essential and brand awareness. We trust that our in-depth analysis of the UK’s leading blockchain-based firms was informative and offered you a clear picture of the blockchain landscape in 2022.

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Christy Bella
Christy Bella
Blogger by Passion | Contributor to many Business and Marketing Blogs in the United Kingdom | Fascinated with SEO and digital marketing and latest tech innovations |