Blockchain and Cryptocurrency Companies to Look Out for in 2019 – Part 1

With blockchain facing increased regulatory scrutiny and market dynamics post-bubble, 2019 seems to be shaping up in sharp contrast with 2018. However, these conditions should give more clarity to blockchain and a stronger market base. Several projects and businesses have shown flashes of great things to come in this climate. Followed are several blockchain projects and companies that could spark interest this year, according to a brief research among industry veterans presented by Forbes.  

Qtum

As Ethereum and Bitcoin are working hard to iron out their individual issues of governance, economics and security, Qtum is continuously refining its platform for proof of stake. By incorporating both Bitcoin and Ethereum’s best parts, Qtum is a secure and smart contract solution representing what might eventually be a next blockchain phase. Recently, the company released its virtual x86 machine that will propel its value proposition over Ethereum by welcoming developers who code in any language. By default, it also encoded segwit, opening up interoperability with the Lightning Network (a protocol for cross-blockchain efficiency).

Qtum plans to launch QtumX in 2019, which will help major corporations benefit from optimized smart contract automation, effectively welcoming the blockchain “mainstream.” Recently integrated with Amazon, QTUM provides AWS marketplace with a smart contract development platform. AWS users and developers will now be able to develop and start smart contracts efficiently and cost-effectively via an Amazon Machine Image (AMI).

TRON

At a time when the dollars are being drained from their respective industries by new, disruptive platforms like Netflix, TRON aims to take it a step further. Instead of a centralized entity choosing what content to host and how it can be consumed by users, TRON places this responsibility in people’s hands. What results is a decentralized marketplace where people are free to host, store and consume user content on their own terms and without intermediaries. TRON takes action to develop itself, as recently demonstrated by its acquisition of BitTorrent and the launch of Project Atlas, making it one of the world’s largest decentralized networks.

As TRX is increasingly linked to the content ecosystem, people switch to the subscription model of tokenized and tailored content instead of the alternative buffet – style of today.

Keep watching this space for more.