5 Philadelphia Blockchain Startups To Watch

A blockchain is a decentralized, shared ledger that records transactions and tracks assets in a business network.

Such an asset can be a tangible one, like a car or a house, or even an intangible one, like property or patents. The goal of a blockchain is to allow digital information to be distributed and recorded, but not edited. This assures that information cannot be manipulated from any one centralized location. Transactions and records cannot be deleted, altered or destroyed.

If you’re into crypto, you won’t want to miss Benzinga's Future Of Crypto conference. The event will be held at the luxurious Pier Sixty in New York City and will feature speakers as Kevin O’Leary from O'Leary Ventures and the TV show "Shark Tank," Anthony Scaramucci, founding partner of Sky Bridge Capital and former White House director of communications and Arthur Breitman, co-founder of Tezos.

The Future of Crypto conference kicks off at 8 a.m. ET on Dec. 7, 2022.

Here are five blockchain startups to watch from Philadelphia, a short train ride away from Benzinga's upcoming crypto confernece. 

Amino Payments

Amino Payments is a blockchain company headquartered in Philadelphia that specializes in tracking online ad payments. The company employs blockchain technology to track online ad payments in the ad-tech space. Amino Payments brings both advertisers and publishers together to help save money sometimes lost due to lack of visibility.

HashWatt

HashWatt is a crypto mining company offering HashWatt Tokens that help fund mining operations. In return, token investors receive a percentage of the mining revenue. The company is environmentally friendly by securing the long-term rights to purchase electricity directly from the largest waste-burning plant in the country. HashWatt supports such well-known cryptocurrencies as Bitcoin, Ethereum and Litecoin.

LawCoin

Lawcoin provides blockchain solutions for the legal profession. Located in Philadelphia, it is the parent company of dejure.io, the world’s very first blockchain platform for tokenized investment in the legal profession, specializing in legal claims and litigation. The platform offers solutions to both lawyers and litigants alike, while at the same time giving investors access to assets typically not available to the investing public. The company also specializes in third-party litigation funding, an explosive growth sector. Lawcoin offers its security token based on the ERC-20 standard of the Ethereum blockchain.

iSolve

iSolve provides blockchain solutions for the Biotech sector. It specializes in the areas of security, visibility and proof of process for the health care industry. The iSolve mission is to provide funding and services for both clinical and drug developmental companies to be able to move forward with their initiatives. iSolve professionals have on average more than 20-plus years' experience in the fields of finance, health care and technology, as well as the medical and governmental sectors.

ManeCoin

ManeCoin is the first on-location beauty and wellness blockchain platform. ManeCoin runs on the ManeStreem platform and has been in business for more than three years. The company currently has 25,000-plus registered beauty professionals and 200,000 active clients.

Photo via Shutterstock.

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