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When we talk about blockchain services, it is not blockchain limited to bitcoin and other cryptocurrencies, but singapore can also be used development so many other ways. Ripple Lab. Write to Akash Talk to development to discuss your Blockchain Project. Smart Contract Audit We provide inclusive smart contract inventory for detailed, accurate report done by blockchain expert auditors at Fusion Informatics. Start-up established inElectrify is set to bring revolution in the companies sector. Get IMPact companies stories, delivered to singapore inbox Subscribe to us. This Danish blockchain company was founded in by Ronny Boesing.
The firm primarily focuses on working with partners in Singapore and Southeast Asia on developing blockchain solutions to pressing business needs. Blockchain Foundry is also a member of the SG Innovate ecosystem, which is funded and run by the Singapore government to encourage startup innovation within the city-state.
The firm frequently hosts events in Singapore, and is an active member in the larger startup ecosystem as well. The startup was founded in by TM Lee and Bobby One, and provides real-time data for nearly all cryptocurrencies across a wide range of metrics.
Uniquely, CoinGecko also gives users price data for cryptocurrencies across multiple exchanges as well. The quickly-growing startup also has a proprietary algorithm that ranks coins using a number of other variables including social media following, outside investment, and others. FreshTurf simplifies the process of package delivery in Singapore using blockchain technology. The service helps logistics management companies more efficiently verify the identities of both senders and receivers, and is presently exploring technology partnerships with the US Postal Service, Russian Post, and Australia State Post.
In addition to having a crypto cafe, Ducatus also has a sizable crypto mining operation, Ducatus Global. Users can purchase Ducatus Mining Credits to join the mining pool, which also has a profit sharing arrangement contingent on any profits generated from mining. The service also offers membership in a concierge program and access to exclusive lifestyle activities.
The firm, which had its ICO earlier this year, is presently building out its virtual currency infrastructure to allow anyone to become a virtual crypto miner. The platform will go live in the second half of , and will be available to residents of Singapore initially, with other countries coming online soon after. Launched just last December, CoinHub is a relatively new entrant to the crypto exchange landscape.
The exchange allows investors to purchase cryptocurrencies using fiat, and any purchased tokens are then stored in a cold wallet for enhanced security. It aims to help MAS and the industry better understand the technology and the potential benefits it may bring through practical experimentation.
The VeChain project started in June , focusing on building a trust-free and distributed business ecosystem that enables transparent information flow, efficient collaboration and high-speed value transfer. Specializing in blockchain and Internet-of-Things IoT technologies, VeChain has become one of the few blockchain platforms with real world business applications adopted by reputable enterprises including BMW.
The project is overseen by Singapore-based non-profit organization, the VeChain Foundation. Singapore-based Zilliqa Research designs and develops application software. The company offers Zilliqa, a blockchain platform designed to securely scale in an open, permissionless distributed network. The core feature that makes Zilliqa scalable is sharding — the division of the network into several smaller component networks capable of processing transactions in parallel.
This allows the platform to achieve a throughput of more than 2, transactions per second in its testnet. The startup recently launched Project Proton, a platform aimed at addressing the issues of fraud, transparency and inefficiency in digital advertising.
Founded in , Bluzelle is a decentralized data ecosystem that allows individuals and businesses to have full data control and the ability to monetize their data. Electrify is a Singaporean startup that is using the blockchain to allow people to trade electricity on a peer-to-peer P2P marketplace. The company is the developer of Synergy, the first city grid-scale P2P energy trading platform in Asia. The two related technological innovations are slowly becoming part of mainstream conversations, but there are still many who do not know about them, or, have only heard of it without knowing how they work and why they could be the future of finance and financial markets.
At the same time, it is also important for developers to keep working on ways to improve them, and look for new ways in which they can be utilised. This is especially true for blockchain, which has many potential uses outside of cryptocurrencies and arguably has much more potential than crypto to truly transform various sectors and industries. For example, the online casino industry has seen adoption of both cryptocurrencies and blockchain taking place at a large scale.
This year more operators have launched new platforms by its nature casino bitcoin online , where customers can use cryptocurrencies to make payments and receive winnings and withdrawal. The use of blockchain means that transactions are secure and safe from potential fraud, while data storage is also safe for similar reasons.
This has made such online casinos quite popular, and show just one way in which blockchain technology can be used to make everyday transactions much easier and safer.
Singapore supports Blockchain development with a new programme.
Founded in , Attores is the creation of entrepreneurs David Moskowitz and Gaurang Torvekar, and it helps companies develop, test, and roll out smart contracts within their own business processes. The company has run several pilots of the technology with major banks in Singapore, and has already started building a client base of primarily SMEs that are looking to begin leveraging smart contracts for their businesses.
By offering the service through a SaaS model, Attores has become one of the first to offer a truly turnkey smart contracts solution designed for medium-to-large businesses. Quoine is focused on developing an entire suite of blockchain-driven fintech products for the consumer market, starting with its web-based crypto exchange, QUOINEX. Headquartered in Singapore, this data protection firm is an industry leader in developing innovative, blockchain-driven data backup and securing solutions.
In , it became the first data protection company to invest in blockchain, and the firm now has a dedicated team working on bringing blockchain technology to its full suite of products. It also offers a service called Acronis Notary, which can notarize certificates and store a time-stamped record of the certification on a public blockchain. The firm primarily focuses on working with partners in Singapore and Southeast Asia on developing blockchain solutions to pressing business needs.
Blockchain Foundry is also a member of the SG Innovate ecosystem, which is funded and run by the Singapore government to encourage startup innovation within the city-state. The firm frequently hosts events in Singapore, and is an active member in the larger startup ecosystem as well.
The startup was founded in by TM Lee and Bobby One, and provides real-time data for nearly all cryptocurrencies across a wide range of metrics. Uniquely, CoinGecko also gives users price data for cryptocurrencies across multiple exchanges as well. The quickly-growing startup also has a proprietary algorithm that ranks coins using a number of other variables including social media following, outside investment, and others.
FreshTurf simplifies the process of package delivery in Singapore using blockchain technology. The service helps logistics management companies more efficiently verify the identities of both senders and receivers, and is presently exploring technology partnerships with the US Postal Service, Russian Post, and Australia State Post.
In addition to having a crypto cafe, Ducatus also has a sizable crypto mining operation, Ducatus Global. Users can purchase Ducatus Mining Credits to join the mining pool, which also has a profit sharing arrangement contingent on any profits generated from mining. The service also offers membership in a concierge program and access to exclusive lifestyle activities. The firm, which had its ICO earlier this year, is presently building out its virtual currency infrastructure to allow anyone to become a virtual crypto miner.
The platform will go live in the second half of , and will be available to residents of Singapore initially, with other countries coming online soon after. Launched just last December, CoinHub is a relatively new entrant to the crypto exchange landscape. The exchange allows investors to purchase cryptocurrencies using fiat, and any purchased tokens are then stored in a cold wallet for enhanced security.
Most notably, CoinHub also charges zero transaction fees for any transfers or withdrawals. We offer security assessment services, security strategy road map, and application security services for your Blockchain application development. With continuous client engagement, we strive to deliver the best solution to build a positive impact on your business. We house a team of Blockchain experts to help you leverage the benefits of popular Blockchain platforms and tools for your business.
If you have a well-defined scope and requirements, then the fixed cost pricing model will be best suited for such strict commitments. With these models, frame your requirements and provide inputs to ensure a successful engagement for your project. Fortunesoft Singapore is a software product engineering and services company specializing in user experience design and cutting-edge technologies.
We partner with global startups and business of all sizes to build, enhance and scale products across platforms leveraging disruptive technologies in mobile, web,cloud,analytics, AR and loT.
Our clients stay ahead of competition with our solutions and products delivered to them following industry standard best practices from Ideation to Product Launch. Agile approaches help our teams respond to enhancement, unpredictability through incremental, iterative work cadences and empirical feedback.
Seamless communication, collaboration, and cohesion among developers and IT operations teams for faster high quality deliverables. Integrate code into a mainline code base faster and Deliver the enhancements to your feature rich apps continuously with our expertise in Quick Time to Market. A pleasure to work with. The project was actually delivered ahead of schedule.
Regular scrum calls were clear and efficient. On budget and ahead of schedule. We will definitely work with them again.
Working with Fortunesoft was an absolute pleasure. They were quick to respond and always available even with the time difference to Australia. We are extremely happy with the results of our app and you have built. Interim emails were fantastic as the Fortunesoft team managed to understand every minor detail and tweak without repetition or mistake. We would highly recommend them and will enjoy working together again in the near future. It has been a pleasure to see this project become a reality.
My hope is that the website will then stand as a testament to all of the effort invested in it by so many people. Thank you again for all of your support and assistance. Accelerate your business with secure and transparent Blockchain-based solutions. Hire A Developer. Request for Proposal. Leverage the benefits of Blockchain technology for your business applications with our comprehensive suite of Blockchain application development services. Benefits of choosing us as your Blockchain technology partner:.
Hire a Developer. Request for proposal. Our full-stack blockchain development services help to leverage the benefits of the Blockchain technology in the following applications: Advertising Insights Asset Management Certificates Contact Tracing Clinical Trials Cross Border Payments.
Singapore Blockchain Ecosystem
For example, the online casino industry has seen adoption of both cryptocurrencies and blockchain taking place at a large scale. This year more operators have launched new platforms by its nature casino bitcoin online , where customers can use cryptocurrencies to make payments and receive winnings and withdrawal.
The use of blockchain means that transactions are secure and safe from potential fraud, while data storage is also safe for similar reasons. This has made such online casinos quite popular, and show just one way in which blockchain technology can be used to make everyday transactions much easier and safer.
Therefore, it is interesting and encouraging that the Singapore government is funding research in blockchain through a new innovation program. The money will be used to develop, encourage and commercialize the use and adoption of blockchain by companies in Singapore, with the first focus of the programme being on the implementation of blockchain in trade, logistics and supply chain firms.
Singapore has one of the busiest ports in the world, being situated at the southern tip of the Malay peninsula, which puts it in a crucial spot for world shipping and trade. This means that logistics and supply chain firms have huge operations in the city-state, and the potential for blockchain to transform this industry is large, making it a natural objective to focus on for the program.
The COVID pandemic has made global supply chains even more vulnerable to disruptions than earlier, which is why the use of blockchain to create transparent and cohesive networks is even more important in the current scenario. The Singapore government has positioned itself as a pioneer for supporting blockchain for a while now, and one of its goals is to become a crypto hub for the region over the next few years.
The city-state is home a healthy blockchain ecosystem comprising numerous players tackling areas ranging from asset tokenization, trading, and custody, to insurance, digital identity, and mobility. This is according to a new landscape map produced by the Infocomm Media Development Authority IMDA , together with Tribe Accelerator, which features notable local blockchain companies and initiatives leading the development of blockchain in Singapore. The map, which categorizes blockchain startups and projects into major sectors, aims to provide a representation of the application of the technology across various industries.
It notes the presence of global blockchain protocols like Corda, Quorum, Ethereum, and Ripple, as well as services providers such as EY, PwC, Microsoft Azure, and R3, which have all been serving the business community with blockchain-related products and services.
But the Singapore blockchain ecosystem also has several home-grown noteworthy startups and projects of its own. In the corporate services category, the map cites LegalFAB , a legaltech startup that facilitates the creation of decentralized identity for e-authentication, collaboration and trusted transactions, Korporatio , which allows business owners to have a fully legal entity on the blockchain, and Legalese , a deep tech startup pioneering computational law. In asset tokenization, Singapore is home to startups such as Digix , a startup that tokenizes gold, TenX , which offers a product suite aimed at making cryptocurrencies spendable, and Hashstacs , which develops blockchain solutions for the capital markets.
In the cryptocurrency trading and custody category, notable startups include Binance , one of the largest exchanges operators on the market, and Kyber Network , an Ethereum-based protocol that allows the instant exchange and conversion of digital assets and cryptocurrencies. Other noteworthy blockchain startups and projects from Singapore include LifeChain , a blockchain initiative to automate life insurance claims verification, and Eximchain , a supply chain blockchain platform, according to the map.
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Insurance 9. Singapore IMPact news stories, delivered to your inbox Subscribe to us. Participants can learn and understand the Fintech landscape, its regulations, ecosystem and development. Talk to us to discuss companies Blockchain Project. ScienceSoft offers blockchain development of custom blockchain-based enterprise solutions i. HashCash Consultants.
Crypto Company in Singapore
The quickly-growing startup also has a proprietary algorithm that ranks coins using a number of other variables including social media following, outside investment, and others. FreshTurf simplifies the process of package delivery in Singapore using blockchain technology. The service helps logistics management companies more efficiently verify the identities of both senders and receivers, and is presently exploring technology partnerships with the US Postal Service, Russian Post, and Australia State Post.
In addition to having a crypto cafe, Ducatus also has a sizable crypto mining operation, Ducatus Global. Users can purchase Ducatus Mining Credits to join the mining pool, which also has a profit sharing arrangement contingent on any profits generated from mining.
The service also offers membership in a concierge program and access to exclusive lifestyle activities. The firm, which had its ICO earlier this year, is presently building out its virtual currency infrastructure to allow anyone to become a virtual crypto miner. The platform will go live in the second half of , and will be available to residents of Singapore initially, with other countries coming online soon after. Launched just last December, CoinHub is a relatively new entrant to the crypto exchange landscape.
The exchange allows investors to purchase cryptocurrencies using fiat, and any purchased tokens are then stored in a cold wallet for enhanced security. Most notably, CoinHub also charges zero transaction fees for any transfers or withdrawals. The service also supports firms looking to run an ICO on its platform, and has recently begun ramping up this line of business as well. Crowd Genie is a P2P lending platform founded by Akshay Mehra that is making a big push to roll out an entire suite of financial products powered by blockchain technology and machine learning algorithms.
The firm is one of the few P2P platforms fully licensed for lending by the Monetary Authority of Singapore, having received a Capital Market License for lending within the country.
The multifamily office, which has historically been focused on more conventional investments, is branching out into crypto as a way to diversify its portfolio and take advantage of the capital flowing into the space. The fund has brought on several crypto fund managers, who will be investing primarily in stocks of blockchain-focused firms, as well as investment products from countries that are early adopters of blockchain technology.
Litecoin Litecoin is an open-source cryptocurrency that is one of the largest cryptocurrencies in the world by market cap. CoinHako CoinHako is one of the fastest-growing crypto exchanges in Asia and has seen an influx of users after high-profile hacks at several other Asia-based crypto exchanges in recent months. CoinPip CoinPip is a Singapore-based international remittances startup that aims to disrupt the remittances industry by allowing customers to make payments and transfers overseas by using Bitcoin to facilitate the transactions on the backend.
Attores This firm is looking to empower large enterprises to leverage blockchain technology for building secure smart contracts. Acronis Headquartered in Singapore, this data protection firm is an industry leader in developing innovative, blockchain-driven data backup and securing solutions. FreshTurf FreshTurf simplifies the process of package delivery in Singapore using blockchain technology.
CoinHub Launched just last December, CoinHub is a relatively new entrant to the crypto exchange landscape. They also have a long list of premium clients around the world. WoMA Technology Solutions. This Blockchain Development Company is simply great in delivering high-quality products at competitive prices. The various services provided by them are:. Blockchain development including cryptocurrency, crypto coins, and exchange development. Stellen Infotech. Stellen Infotech has been in the field for Blockchain development for more than 7 years.
The clients of this top Blockchain Development company range from small startups to Fortune companies. They do have an employee base of plus highly skilled Professionals. Blockchain Foundry. They specialize in aiding the enterprises and other establishments to integrate their business with the Blockchain platform, and hence to run their business more efficiently and smoothly. NetSet Software Solutions. They do have a team of highly skilled and experienced Blockchain Developers and have been providing some wonderful quality products.
Belfricsbt is one of the leading Blockchain Solutions providers in Singapore. They have their presence in more than 10 countries around the world. Their team of Blockchain developers are highly skilled and have the strong experience required for dealing highly complex projects. They are also quite experienced and provide the solutions at best competitive prices in the industry. Their core areas of focus include:. Agile Lab Agile Lab is known for building Blockchain solutions exactly the way that the users want.
Some of the major clients of Agile Lab includes Engagerocket, Syntera. In this blog we have discussed in detail the top blockchain development companies in Singapore. The advantages of adopting Blockchain Technology on to your business are numerous. It helps to boost your business to the next level by staying updated and ahead in terms of technology. It makes the processes involved more efficient and smoother.
These are some of the prime reasons why business firms are interested in integrating their respective sectors with Blockchain Technology. Even though this is the case, it is still believed that the real potential of Blockchain Technology has yet to be explored. Well, we will just wait and see!