Blockchain companies are quite active and have an impact from 2019 - 2020steemCreated with Sketch.

in Project HOPE4 years ago

Last year was an interesting year for blockchain and cryptocurrency, in contrast to previous years in ways that go far beyond financial. It was a year where the entire scope was maturing, and not just in terms of the dollar price of your favorite cryptocurrency. Instead, 2019 has proven to those who pay attention that the blockchain is more alive than ever, and is exemplified by the most impressive and active participants in the developing sector.

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Crypto custodians and gaining momentum:

Gemini - Owned and operated by Cameron and Tyler Winklevoss, Gemini has become one of the most popular cryptocurrency global currency exchanges, but has really pushed in 2019 by expanding its financial tools. A big spark occurred in the industry after the launch of Gemini Custody, a solution that allowed institutional investors to safely store crypto assets offline and trade them instantly.

This combination of separate offline security, multi-signatures and unlimited liquidity contributes to a more genuine solution for the institution, according to Gemini Operations Director Jeanine Hightower-Sellitto:

"Institutional investors have shown clear and growing demand for crypto, but they have struggled to find solutions that fully meet complex regulatory and security requirements."

The change of decentralized stablecoin is getting faster

Maker / DAI - One of the most impressive examples of decentralized technology that currently exists, DAI stablecoin and its regulatory body, Decentralized Organized Organization Autonomy Maker have grown in transaction volume since 2018 from six digits every day to more than $ 10 million at its lowest point in 2019. The guaranteed loan network is fully peer-to-peer, and there are now more than $ 100 million locked in foundations that support these dollar-pegged tokens.

When considering that Maker is slowly suppressing its grip on nearly 50% of ETH locked into decentralized finance, MakerDAO Business Development teacher Gustav Arentoft said:

"It really depends on what you see as the dominating factor. Currently, the ranking is determined by the number of crypto assets locked in the DeFi protocol. We are one of the first projects that you can really lock Ethereum to print DAI, so naturally, our market dominance is much higher before Compound and Uniswap. "

Gaming Protocol Captivates Main Interests

TRON / WINk - Considered the main content and multimedia blockchain entertainment, Tron has made a big step this year thanks to the two entrepreneurs who use it to build applications and efforts that are self-funded by the Tron Foundation. There are hundreds of decentralized applications that use Tron as a host, and this is one of the hottest applications in 2019, WINk. WINk is a popular blockchain game that is built on a unique two-token system: the Tron's TRC20 protocol and Binance's BEP2. WIN holders on both chains can bet to support P2P platform games and get tokens that can be used in the ecosystem. According to DappRadar, WINK is currently included in the top-10 most active dApps.

Tron is at an important point in the history of its own blockchain after acquiring the famous file sharing platform BitTorrent and amid rumors of the upcoming Steemit acquisition. In addition, its CEO Justin Sun also recently signed an agreement for Korean tech giant Samsung to integrate Tron into its Galaxy Software Development Tool. Regarding the agreement, Sun said:

"I believe this is very important given Samsung's large user base, where billions of people around the world use their products every day. This gives individuals the opportunity to store TRX tokens and TRC10 and TRC20 in their wallets. You can also use this currency easily to interact with all dApps that are built on the TRON and Samsung platforms. "

Leveraging the growing community of developers

Ethereum - The first decentralized computer, ERC20 is an Ethereum application and smart contract protocol, and this year saw the developer community behind it grow more than the others. Ethereum has twice as many core developers working to advance its basic functionality than other blockchain and more than quadruple the number of active monthly developers in the open-source community. These numbers produce a strong DApp choice, with the seventh highest volume application all hosted on Ethereum over competitors. This includes MakerDAO, Uniswap, Kyber Network and others.

Last year, Ethereum also began upgrading to Ethereum 2.0, the long-awaited increase in scalability and the conversion to proof of ownership of the evidence management model. The founder of Ethereum, Vitalik Buterin said:

"Scaling is a problem we have been talking about for five years, a lot of work has finally begun to bear fruit. On the technical side, there are many things that are really starting to come out now. On the business side, I think the public chain is considered far more legitimate than ever before, including in companies and elsewhere. "

Smartcontract and DeFi in the SSC Bitcoin ecosystem

  • Smartcontract was the most important decentralized tool last year, mainly because of the emergence of decentralized financial movements. SSR, previously known as Rootstock, is famous for mobilizing an architecture that supports Bitcoin as a safer foundation for this future. Launched in 2015, SSR is one of the richest supporters of smart contracts in the industry and has recently opened offices in Korea, Singapore, Georgia, Russia, Mongolia, Finland and Canada. The new San Francisco investment fund has helped identify and maintain several promising DeFi solutions such as Taringa.

Taringa is a Spanish-language social media platform with more than 30 million users. It was acquired by IOV Labs, a company that empowers SSR, so that it can integrate SSR smart contract technology and provide incentives for users to participate in the community while decentralizing the platform from time to time. This is expected to be another important utility for the blockchain, and as Taringa CEO, Matías Botbol, ​​says:

"We are building our first tool to enable Taringa users to get rewards by becoming active participants in their community. After this is implemented, we envision adding more features, including peer-to-peer exchange, a market for other dApps to start offering products and services to our users, and more. "


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