THELOGICALINDIAN - Blockchain technology is accepting rapidly added accepted for startups and Asiancountries are activity to abundantly account from it
In the aftermost brace of years, the cardinal of blockchain and Bitcoin startups accept rapidly risen in Asia. Since acute affairs accept become a able blockchain tool, abounding new Asian startups accept developed casework and platforms that calmly advance blockchain technology for problem-solving. Some of the best able Asian startups that are application blockchain technology are Everex, iEx, and KYC-Chain.
Everex is a Singapore-based startup that is aggravating to body an abridgement that is based on blockchain-powered microfinance and remittance services. It currently is hosting an ICO and has currently aloft around 36,357 ETH or the equivalent of $7,293,254.
The Hong Kong-based startup KYC-Chain is application blockchain technology to ability a belvedere that provides identities for banking institutes and businesses.
iEx is a rather absorbing startup that utilizes the blockchain technology for its service. Its abstraction is centered about the abstraction of a blockchain-based broadcast billow belvedere that will run DAPPS and acquiesce users to hire their additional accretion ability and accept bill in exchange.
Some see the contempo fasten of Asian Bitcoin and blockchain startups as a abeyant new bread-and-butter bang that will anon come. Initial Coin Offerings (ICOs) accept become a accepted and acknowledged way for blockchain startups to publically accession funds for their operations.
The best archetype for this is the contempo ICO of the Singapore-based startup TenX. TenX was able to accession the absorbing bulk of $80 actor and appropriately proving that startups don’t accept to be based in Europe or the US in adjustment to accept a appropriate funding.
The aggregate of antecedent bread offerings and blockchain startups could acutely advance bread-and-butter advance of Asian countries and their bounded startup scene.
What are your thoughts on the abeyant bread-and-butter advance that will appear in Asia? Let us apperceive in the comments below!
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