These 8 Massachusetts Blockchain Startups Are Changing Crypto Industry

Blockchain companies maintain a decentralized and secure record of financial transactions for cryptocurrencies like Bitcoin BTC/USD and Ethereum ETH/USD. Blockchains are sometimes referred to as DLTs (Distributed Ledger Technology), and all blockchain digital assets are transparent and unalterable.

While the blockchain industry is still relatively young, there are already powerhouse companies like Coinbase Global Inc COIN, having generated $7.8 billion in 2021, and having a current market cap of $13 billion. Other major players in the blockchain industry include the Monex Group, headquartered in Japan, and BIT Mining, based in Hong Kong.

Also Read: 5 Boston Fintechs Aiming To Make Your Financial Life Easier

Now comes a chance to hear the top thought leaders in crypto, at Benzinga's Future of Crypto event. This year’s conference will be held at Pier Sixty—the largest waterfront venue in Manhattan—and will feature such speakers as Greg Solano (a.k.a. Gargamel), Josh Ong, co-founder and partner with Bored Room Ventures, and Lule Demmissie, CEO of eToro USA. 

The Future of Crypto event will kick off on December 7, 2022, at 8 a.m. ET. If you're in Massachusetts it's just a train ride away, as the Amtrak 173Northeast Regional line departs Boston at 11:16 a.m., arriving in NYC on Dec. 6 at 3:22 p.m., a day ahead of the event.

Meanwhile, here are 8 great blockchain startups to watch in Massachusetts.

Jassby

Located in Acton, Massachusetts, Jassby is a debit card for families. Jassby allows you to manage chores and send allowance money to your kids. The company encourages parents to empower their children with Jassby.

Foundation Devices

Foundation Devices builds Bitcoin-centric tools, including the Passport hardware wallet and Envoy mobile app. Launched in 2020, Foundation Devices makes decentralized technologies accessible to all. Foundation Devices is based in Boston.

PAYMYNT

PAYMYNT is a next-generation commerce application integrating digital banking, shopping and cryptocurrencies all in one platform. PAYMYNT allows digital currency and blockchain technologies to play a larger role in the future of finance. PAYMYNT has its headquarters in the greater Boston metropolitan area.

Arwen

Founded in 2017 and located in Boston, Arwen provides protection for traders on cryptocurrency exchanges. Arwen runs on a non-custodial protocol, meaning there is no risk of being hacked.

PureStake

PureStake provides API and infrastructure services for next-generation proof-of-stake blockchain networks. The PureStake IaaS platform delivers reliable uptime by employing superior architecture and security operations. PureStake is based in Boston.

CoinMover

CoinMover provides digital currency services at retail locations throughout the United States. You can buy or sell cryptocurrency at any CoinMover machine with just a smartphone wallet app or cash in as little as 90 seconds. CoinMover is headquartered in Boston.

Skynet Labs

Based in Boston, Skynet Labs builds uncompromising blockchain infrastructure for the decentralized internet. This includes Skynet, an open protocol for hosting data and web applications. Skynet apps pave the way for a new web that prioritizes the privacy, security, and experience of its users.

QUBIC Labs

Located in Quincy, Massachusetts, QUBIC is dedicated to supporting entrepreneurs by providing practical business solutions. QUBIC is committed to building an ecosystem of entrepreneurs that will make commerce and government more efficient, effective and innovative. QUBIC was founded in 2019.

For additional information and to get your tickets now, visit the Benzinga Future of Crypto Website.