The company is also actively engaging with power companies and energy stakeholders across Asia Pacific for more partnerships beyond just P2P energy trading. It follows the Steem model but it has been adjusted to suit the needs of the Cambodian public. Verified Company. Unicsoft. Verified Company. IT leaders too often find themselves behind on business-critical transformation efforts due to gaps in the technical, leadership, and business skills necessary to execute and drive change. See some examples of our work . Yojee uses artificial intelligence (AI) and blockchain technology to help logistics companies coordinate their fleets and optimise and manage tracking, pickup and delivery confirmation, invoicing, job management and driver rating all in real time. This year's winners include blockchain infrastructure providers, crypto exchanges, custody and wallet services, NFT marketplaces, and more. The Singapore ICT sector is a key player in the entire economical system, as it interacts and enhances all other industries. To replace its current operational model with a similar one powered by blockchain. 58% (29) are mid-stage (Series B or C) companies, 16% (8) are late-stage (Series D+, corporate minority, or growth equity), and 8% (4) last raised unattributed rounds. The platform will operate using Bluzelle tokens (BLZ) which will be paid to someone offering up storage space on their computer. Percentage Acquired 2%. 20 Crypto Companies in Singapore You Should Get to Know - Chris Osborne Sources say that there are over 634 companies have been incorporated in Singapore with a combined market capitalization of approximately US$8.3 billion. 498 Seventh Avenue 12th floor The project focuses on exploring the use of distributed ledger technology (DLT) for clearing and settlement of payments and securities. The way it works is quite straightforward: the client provides their consumption details and registers with an Electrify account, then chooses an energy plan, uploads some documents and pays a security deposit. Its about bringing them into the society, not only including them financially but also creating a whole ecosystem for them, says Sankalp Shangari, LaLa Worlds founder and CEO. Quantified Assets offering includes bitcoin brokerage and exchange services, a bitcoin bill payment platform, merchant and point of sale solutions. Their plantation is eco-friendly, doesnt use pesticides and counts with the support of the governor of the Vientiane province, where the plantation is located. The companies were selected by CB Insights Intelligence Unit from a pool of over 3,000 companies, including applicants and nominees. Alongside the database, Bluzelle offers a framework that supports private data control, data syndication and decentralized web infrastructure with a payment system supported by the ecosystems BLZ token. Not only does the company already employee blockchain and AI capabilities in its platform, its looking to take advantage of one of Singapore's leading tech sectors - autonomous vehicles. According to the IMDA's Future Of Services report, the blockchain market in Singapore has the potential to achieve a market spending of up to US$272 million in 2022 and up to US$2.6 billion by 2030 with a compound annual growth rate of 32.5%.. ParallelChain Lab is a blockchain technology company. outstanding service and support. Ou Perfomatix is a full-stack engineering company specialized in AGILE product development. Get started by entering your email address below. The company targets the freelancers and remote workers community by providing them with a solution to get paid in faster and easier way. These companies are innovating to push blockchain and crypto toward greater adoption and product maturity. This means that the price of each Bananacoin token is protected by the cost of 1kg of the fruit. . Electrifys venture into the electricity market is already shaking the grounds of the energy market in Southeast Asia. 7 Blockchain Projects and Startups Leading the Way in Singapore Electrify is a Singaporean startup that is using the blockchain to allow people to trade electricity on a peer-to-peer (P2P) marketplace. OpenCertsis an open source and Singapore government-linked blockchain project. What's the investment trend over time for this hub? Permits users to obtain gold, hold it in vaults, and sell it. 25+ search types; Win/Lin/Mac SDK; hundreds of reviews; full evaluations. A look at cryptocurrency developments in Singapore over the years Provides TOP coins to connect final customers, decentralized apps, and service providers. Featured image credit: Edited from Unsplash. Verified Company. Utilizes smart contracts to facilitate direct and automated B2B transactions. . Sometimes they resort to borrowing money from loan sharks at extortionate interest rates that can be as high as 60% per year. Laos Government to Promote Digital Transformation with Blockchain This will be accomplished by using the spare bandwidth and hard drive space that Internet users have available to them. TradeTrust is a new digital global trade platform that uses blockchain technology to digitalize international commerce and eliminate unnecessary paperwork. The startup recently launched Project Proton, a platform aimed at addressing the issues of fraud, transparency and inefficiency in digital advertising. Here are 7 blockchain projects and startups in Singapore that are leading the way. This allows the platform to achieve a throughput of more than 2,800 transactions per second in its testnet. Furthermore, by using blockchain, it removes any centralised control that might be held by a single party, meaning each individual can control who has access to their private information. PCITS is a digital marketing and automati Bazingo Inc. builds products and provides services for the next generation of businesses. Singapore-based IT companies provide the entire spectrum of services both for the domestic and global markets for more than a decade, which makes them some of the most experienced companies with a good business tradition and top reputation. In 2018 a number of 5240 companies were registered in the ICT sector in Singapore, making it difficult for potential clients to identify the most suitable for their web projects. Top Artificial Intelligence Companies in Singapore 2023 Caesiumlab Pte Ltd (Caesiumlab) was incorporated in Singapore and defined as Blockchain, Gaming, and Ecosystem Revolution System. In March 2018, a Singapore-based startup by the name of Electrify managed to raise US$30 million in less than 10 days via a token sale. Blockchain Technologies Corp. - Blockchain Software Development At the moment the company is looking to develop its current Energy Marketplace model into what will be called Marketplace 2.0 a web and mobile platform that will allow consumers to buy energy from electricity retailers or directly from their peers (P2P) with smart contracts and blockchain. GovTech Singapore developed OpenCerts in cooperation with the OpenCerts Consortium. Zilliqa aims to rival traditional payment methods such as VISA and MasterCard. How is Blockchain Changing the Automotive Industry? All energy data will be logged into the blockchain through PowerPods. Additionally, IT companies from Singapore are also known for discipline and transparency in doing business. Blockchain.com According to the World Banks Global Findex Database 2017, 1.7 billion adults around the world are unbanked, i.e. It also operates a cryptocurrency exchange and provides institutional markets lending business and data, charts, and analytics. The startups product is a one-stop wallet based on Ethereum and hyperledger blockchains which allow investors to capitalise on the rise of blockchain as well as introduce the underbanked into the financial system. Smart Financial Decisions Made Simple: Money Advice, News And Product Reviews From A Name You Trust. Subscribe to the most important Fintechnews in Singapore, iSTOX Rebrands as ADDX Following a US$50 Million Fundraise, Leaders In Tech, Government And Business Are Gathering In Bali For Xblockchain Summit, Binance Singapore Drops License Plans, Suspends Key Services Immediately. Yojee is another blockchain startup based in Singapore. Despite an increase in consumption, the deficit of banana export to China is estimated at 30,000 hectares. Verified Company. Look for Blockchain 50 (2022) in the Collections tab. Industry Groups Other. Location Singapore, Asia. Recruiting is used to choose persons from a pool. Ltd. ClearX offers a system for trade settlement and clearing based on the blockchain. This company uses blockchain technology to tackle problems that exist within the identity verification sector the biggest of which is manual document authentication. MAS partnered with a number of financial institutions and enterprise blockchain technology companies to create Project Ubin. CoinPip is a payments company that leverages the bitcoin blockchain to allow global money transfers. Forbes Releases 3rd Annual Blockchain 50 List Of Companies Paving The Users can redeem their Digix tokens any time or trade them on the Ethereum blockchain for goods, services or any other digital assets such as bitcoin and ether. Founded in 2015, the Indonesian startup is a blockchain-based data exchange for the food and agriculture sector. In 2021, there were 41 mega-round ($100M+) equity investments to this years Blockchain 50, nearly half of the total deal count. Discover Top IT Companies in Singapore specialized in Blockchain including Initial Coin Offering Consulting, Smart Contract Development, NFT and more. On its platform, users can form, fund and govern their companies on the blockchain, bringing company incorporation to the digital era, according to Otonomos co-founder Han Verstraete. Here is the list of blockchain and distributed ledger technology startups from the city. The company will help the increased drive to the overall adoption of blockchain technology. Top 7 Blockchain Startups in Singapore | T Singapore Blog Using the digital ledger technology, LuxTag creates tamper-proof certificates of authenticity, adding another layer of security on top of certificates and serial numbers to luxury items such as watches or handbags. Singapore Blockchain 2020 [MAP] by Mark Walker August 5, 2020. The technology allows for pluggable tokenization or the tokenization of current fiat currencies into eSDR. This gives you greater confidence, but it also opens up more opportunities and efficiency. Singapore, among top cities for startups and a leading smart city, is now a home for a number of promising and well-funded blockchain startups. the government of Singapore; and 17 . Copyright 2023 TechBehemoths. As an information and technology hub in the Asia Pacific, Singapore is a regional base for most of the worlds top IT multinationals including Microsoft, Oracle, Amazon Web Services, Google, as well as international technology startup companies. Messaging, phone, video, virtual private network (VPN), content delivery network (CDN), and exchange of data from IoT are among the services that are offered. Singapore Head office in: CEXs are centralized, owned by companies, and DEXs are decentralized, owned by their users. According to its CEO, Ed Clarke, companies using Yojee have been able to reduce their delivery times from three days to the same day, in some cases. Singapore has poised itself as a hub for cryptocurrency and blockchain technology in Asia, with more blockchain-based startups formed in the city state than in Switzerland, which is known as the hub of crypto in Europe.. At the 2020 Singapore FinTech festival, PwC Singapore conducted a survey to assess the industry development and results showed that blockchain ranks among three top technology . This is very important for pawnshops and secondhand shops, said Rene Bernard, LuxTags CEO, as they can check the database and see if theres a mismatch (which indicates the bag is fake or stolen). FTX is the most well-funded company on the Blockchain 50 list, having raised approximately $1.8B of disclosed funding across 8 rounds since 2019. all 50 companies on the CB Insights platform here, If you want to learn more about the Blockchain 50 Class of 2020, check out the, full list of last years winners and see where they are now, Y Combinators fintech investment strategy focuses on B2B offerings, especially treasury automation. Long term, the company plans to build a platform where personal data and asset identification data can be accessed, managed and stored in a secured, impermeable and irrefutable distributed blockchain. Singapore Blockchain Ecosystem | IMDA - Infocomm Media Development Singapore --News Direct-- MetaBank. New $12m programme to strengthen Singapore's blockchain ecosystem Top Blockchain Companies 2022: Blockchain 50 Investment Highlights, The 2022 Blockchain 50 Categories & Most Well-Funded Startups, Previous Winners & Highlights From The 2020 Blockchain 50. Other prominent topics include artificial intelligence (cited by 91% of respondents) and automation, as well autonomous technologies, and also the Internet of Things (IoT) (64 percent ). A business times report from 2018 reveals that Singapore ranks the worlds top 10 in business transparency. Launched last year in Malaysia, the DACSEE platform (Decentralised Alternative Cabs Serving & Empowering Everyone) is the worlds first fully decentralised and autonomous social ride-sharing service. Offering simple and sustainable digital solutions with Tntra is an ecosystem for product engineering and innovation. !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)? InfoDrive Solutions is a Software Development and Digital Transformation Solutions company, we are headquartered in Singapore with regional offices in Singapore, As most of the companies claim to be originally from Singapore and ask the same high price for their services, not all can provide the high-end quality of their web products and services. It is simply the sharing of hard to obtain data that makes this possible. List of top Singapore Blockchain Companies
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