Top 4 Blockchain Companies In 2017

As the year 2017 is passing, it is easy to see that it was a year of the Blockchain and a year when cryptocurrencies made a leap forward on the market. From Bitcoin to Dash, Ethereum and Ripple, the combined growth is measured in thousands of percents and the total market cap has recently hit the $600 billion mark.

For the entire technology behind cryptocurrencies – the blockchain – this means nothing but success. Now, these are the blockchain companies (and virtual currencies) that have benefited the most from it in 2017.

Ethereum  ($73 billion market cap)

As a decentralized platform that works with smart contracts, Ethereum has been found by Vitalik Buterin, the winner of the 2014 World Technology Award and Jeffrey Wilcke. In 2017, the price of Ethereum is around $700, and the company is third among all the currencies after Bitcoin and Ripple.

Ripple ($30 billion market cap)

Ripple is a real-time platform for gross settlement and currency exchange whose goal is to make an entire system devoted to money transferring. Before the end of 2017, Ripple has grown double in value, right after announcing that Japanese and South Korean banks are testing the Blockchain to make international payments between the banks cheaper.

IOTA ($15 billion market cap)

With a market cap of approximately $15 billion, IOTA is an open-source distributed ledger that is specialized in the Internet of Things. With no transaction fees and a  low confirmation time, this virtual currency is quite revolutionary and sets the bar higher when it comes to companies adopting blockchain.

Coinbase ($2 billion market cap)

If you are trading cryptos, you have probably heard about Coinbase, the largest digital currency wallet and platform for exchange. According to research, the company has gained around $2 million in market capitalization, launched by a guy who worked with Airbnb, Deloitte and IBM before.

Will 2018 bring even more successful names in the industry?