Amid the fast-growing tech industry, Great Britain continues to solidify its position as a leading hub for blockchain startups. Its capital, London, has etched an image of a tech-friendly city brimming with innovation. Coupled with progressive regulations and the continuous growth of blockchain technology, UK-based startups are experiencing unprecedented opportunities. In this post, we explore some of these startups that were founded in 2020 or later and present their innovative solutions in the blockchain industry.
The financial sector in particular has experienced a significant evolution through blockchain. From reshaping payment infrastructure, decentralisation of financial systems to tokenisation of assets, blockchain technology is driving major fintech innovations. Furthermore, with the integration of machine learning and other sophisticated technologies, blockchain is breaching beyond the financial perimeter and penetrating various sectors including the arts, gaming, and more.
We’ve selected some noteworthy startups in England that are carving a niche in the blockchain sphere. They represent the diverse application of blockchain technology within a wide range of industries. So, let’s delve in and discover the potential these startups are unlocking in the UK’s blockchain arena.
Gensyn
Established by Ben Fielding and Harry Grieve, Gensyn is on a mission to make deep learning cost-efficient and scalable. It combines the potential of Blockchain, Cryptocurrency, and Machine Learning to create a hyperscale compute protocol for deep learning models. More about Gensyn.
DFX Finance
Co-founded by Adrian Li and Kevin Zhang, DFX Finance is a decentralized finance exchange protocol optimised for non-U.S. dollar stable coins. They operate in the fields of Blockchain, Cryptocurrency, Ethereum, Financial Exchanges, and FinTech. More about DFX Finance.
Limna
Launched by Marek Claassen, Limna is the world’s first AI-powered art advisor. Through machine learning and blockchain technology, Limna analyses millions of art world data points to guide users in buying art confidently. More about Limna.
DropsTab
DropsTab is a cryptocurrency market tracker that allows users to monitor their assets’ performance. By collecting real-time data from various exchanges and all blockchain transactions, they offer detailed and unique insights about the crypto market. More about DropsTab.
Himalaya Exchange
Himalaya Exchange is a financial services provider that uses Blockchain and Cryptocurrency to deliver efficient FinTech solutions. More about Himalaya Exchange.
LINK IO
Established by Emmanuel Ebuka Evarist, Marvel George Ekpo, Tomisin Leshi, and Victor Nwaejie, LINK IO aims to improve cross border payments infrastructure for Africa. They utilise blockchain, Cryptocurrency and peer-to-peer technology for seamless financial transactions. More about LINK IO.
Revoland
Revoland is a web3 game ecosystem that leverages blockchain and cryptocurrency for services related to web3 games. The functions range from publishing, distribution, promotion to NFT transactions. More about Revoland.
BlockSwap Network
BlockSwap Network utilises Blockchain technology to offer innovative software solutions. More about BlockSwap Network.
Appold
Created by Pete Osborne and Robert Gaskell, Appold specialises in the Web3 industry. They provide expertise and guidance in blockchain technology, decentralised finance, and tokenisation of assets. More about Appold.
Idexo
Launched by Greg Marlin, Idexo operates at the intersection of blockchain, developer tools and software to bring new technology solutions. More about Idexo.
Fintech Review
Initiated by Tristan Pelloux, Fintech Review offers insights, reviews, interviews and analysis for everything Fintech. They work to explain basic concepts and analyse major trends across business, finance, economics and technology. More about Fintech Review.
These startups represent the growth of blockchain technology in the UK. By leveraging the strengths of blockchain and related technologies, they are shaping the future of various industries starting from the heart of London and poised for global impact. As the blockchain landscape continues to evolve, these companies are the ones to watch.