4 Blockchain Startups That are Poised to Change the Way People Use Money

bitcoin finance

Blockchain technology is revolutionizing many different industries from venture capital and cross-border money transfers to insurance and beyond. Blockchain startups are popping up left and right to provide this digital ledger technology to banks, retail outlets, healthcare professionals and more.

Today, we’ll take a look at four of the most exciting blockchain startups of the moment. Each of these companies are positioned to make a big difference in the way that we spend and share our money in the years to come.

Pick # 1—Ripple

Ripple is the California-based developer of the Ripple payment protocol and exchange network. In 2013, the creators announced a merger between the Bitcoin and Ripple protocols, enabling Ripple users to send payment of any kind of currency to a Bitcoin address.

They have changed the remittance system by connecting payment providers, financial institutions, corporations and digital asset exchanges. With Ripple, you can send and receive money anywhere in the world.

dApps (Decentralized applications) like these are blowing up right now and Ripple is at the forefront of the buzz. With billions of dollars of cryptocurrency on their balance sheet, Ripple is one of the fastest growing blockchain startups in the history of digital assets.

You can connect across a wide spectrum of payment networks with instantaneous settlement. Funds can be tracked in real time using RippleNet, their official network. Anyone who signs up with Ripple can send or receive funds to other Ripple users with their name, wallet name and Ripple address.

Pick # 2—Bread

This one is at the top of my list because it’s the next logical step in cryptocurrency wallets. Think about it. Twenty years ago, we wouldn’t have believed that one day our mobile phones would also store our favorite songs, photo albums, voice memos, etc.

Today, our phones can do all that and more; they’re our cameras, our alarm clocks, our calendars and our date books. But what if they could also be our bank accounts. Bread has risen to the occasion when it comes to doing just that.

The Breadwallet is a free digital wallet app for investing and hodling bitcoin. It’s a user-friendly application that’s compatible with both iOS and Android. Transactions are a breeze and the features are incredible. With the latest update, you can actually adjust transaction fees based on your individual needs and investing strategies, affording users the ability to pay more for expedited transactions.

As the leading Bitcoin wallet for iOS users, Breadwallet gives users full control of their funds 24/7 and money is never inaccessible. Thanks to direct synchronization with the network, there is never any lag time in terms of waiting for transactions to go through.

Pick # 3—Vault Logic

Vault Logic’s mission is pretty bold. Their intention is to build a worldwide network of crypto asset-ready cash vaulting ATMs by leveraging a tokenized membership structure and blockchain technologies.

Vault Tokens are the tokens users need to procure in order to join Vault Logic’s cash network. Once you have them, you are able to get cash, pay bills and send funds through their ATM partners. You can even buy and sell cryptocurrencies using their service. They’re eliminating the need for land-based bank accounts.

All logins at ATMs are heavily encrypted for security purposes and there are ways you earn cash and other rewards.

This blockchain startup may be the new kid on the block, but CEO Doug Scribner isn’t exactly a newbie to the world of cryptocurrency. As the mind behind the Bitcoin-powered video streaming website WatchMyBit, he has given us a platform on which creators can post video content and get paid in Bitcoin.

This entrepreneur gets where digital currency is going and he’s here to help it get there. With Vault Logic, we are seeing the future of independent banking for the unbanked and everyone else.

Pick # 4—OpenBazaar

OpenBazaar is exactly what it sounds like. As an eCommerce platform, it connects buyers and sellers via a peer-to-peer network. A bitcoin marketplace that Forbes colorfully called an “Anarchist eBay on acid,” OpenBazaar version 2.0 has a built-in software wallet so that customers don’t have to get confused about how to open a store on the platform.

As an anonymous Fed-proof market, they are an attractive option for many crypto spenders who don’t want their transactions traced or their information shared with third parties. As a decentralized marketplace, users can be assured that they’re not going to get price gouged by ten-percenters.

Besides cutting out the middle man, OpenBazaar has also cut out the need for your person data to be shared with anyone else. All of your information is stored on your own computer.


There are many terrific blockchain startups on the rise, several of which will change the face of capital markets, media, trade finance and more. But these four startups are, by far, the go-to companies when it comes to monetary solutions that could change our day-to-day lives forever.

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