7 New Cryptocurrency Startups You Should Know

One of the things that makes this topic interesting is the concept of decentralization. You can see a future where every company moves its data onto a blockchain.

In the next few years, we will witness a shift to cryptocurrency. Several developers realize the potential for this concept to grow their ideas. They are now incorporating it into their startups. As we move further to the age of information, new technology advances quicker than the governments could regulate it.

Cryptocurrency will continue to widen the gap between regulation and tech. It offers tons of benefits and several cryptocurrency startups are making sure that coins will be the next gold rush.

Here are the top new cryptocurrency startups you should know in 2018.

1. Rentberry

It is a rental platform with over 120,000 users. It houses 224,000 properties and raised $30 million. Rentberry is leveraging blockchain technology to make sure that its users will have perfect rental experience. he platform automates rental tasks, such as submitting personal details for rental approval and e-signing rental agreements. The company provides a rating of every renter according to his/her past financial behavior. Then, the platform matches the renter to lenders who will pay the security deposit. The renter and the lender would agree to the terms of payment.

Streamlining the long-terms rental process is the goal of this cryptocurrency company. With this feature, landlords and tenants can easily complete rental tasks at one place.

2. ShipChain

Receiving items from various corners of the world is an expensive process. It is also slow and involved a lot of uncertainties. Enter ShipChain. This cryptocurrency startup wants to change the shipping industry. The platforms will track packages from the moment they leave the seller’s warehouse to the moment they arrive at the recipients’ doorstep. The company recruited veterans in this industry, like Roger Crook, Keving Harrington, and John Monarch, among others. Its public token sale is coming soon.

One of its main goals is to end bad tracking. Users usually deal with irregular updates on their package. Customers are not likely to complain if they get regular updates about their package, even if it is late or slow to arrive. With ShipChain, customers can now receive timely and accurate information.

3. HumanIQ

This cryptocurrency startup allows people to make direct payments without a middleman. When sending money, you just have to log-in to your account. The platform utilizes facial recognition to make sure that all transactions are secure. You can replenish your balance or transfer your tokens to other users. Its nearly zero-cost transactions make micropayment more affordable and easy to make. Another interesting thing about HumanIQ is that you can transfer funds from one currency to another.

The platform aims to give you access to the modern markets. What is great about it is that it is now possible to make transactions even without Internet connection.

4. GoCoin

The platform provides a payment getaway that consists of merchant APIs for retail merchants and online sellers to accept litecoin, bitcoin, and dogecoin transactions as a mode of payment. Merchants will pay a fee of one percent. Tesla Motors is already using the platform. The company operates as a B2B company.

The startup's goal is to make it safer and easier to access digital currencies. Business owners are hesitant to use cryptocurrency. But they do not want to turn away customers who wish to pay in this currency. With GoCoin, customers can pay through the currency they want. The platform will convert it to US dollars.

5. Expresscoin

It is true that you can purchase cryptocurrencies anywhere on the Internet. But Expresscoin is one of the cryptocurrency startups that allow you to buy bitcoins in person for cash. What you only need is your wallet. Currently, it has more than 1,000 locations in the US. Purchases involving cryptocurrencies can take a week. However, this platform makes it quicker to get bitcoins in your possession.

6. TrustToken

It offers users to turn a real-world asset into a cryptocurrency token. As a result, any user can create liquidity and ownership for any asset. It also provides audits and insurance for token holders. TrustToken enables users to earn revenue. If a person owns royalties to their song, for example, he/she can have a small bonus every time a third party uses it for commercial purposes.

7. Factom

The company is working to secure blockchain details and make this field more transparent. The startup offers an open-source platform to ensure that transactions are secure. It uses a protocol designed on top of Bitcoin. Because of that, it can't be shut down.