2017 was definitely the year of Blockchain and cryptocurrencies. Bitcoin has surged from more than $950 at the beginning of the year to as high as $20,000.
The total market capitalization of all the cryptocurrencies hit the $600 bln mark in December.
We also saw an enormous growth in the number of the Initial Coin Offerings - from one or two a week in 2016, to dozens of ICOs in seven days in 2017.
Cointelegraph is launching the “New Year’s Special” series of articles to highlight the results of this year and to get ready for the upcoming 2018.
In this article, let’s have a look at companies that have performed better than others during this remarkable year for the industry.
Ethereum
Market capitalization: $73 bln
Ethereum is a decentralized platform that works with smart contracts. Smart contracts allow making agreements that are executed automatically without any human interaction.
Vitalik Buterin, the winner of 2014 World Technology Award, and Jeffrey Wilcke, the former Vice President of Amazon, launched the project July 30, 2015.
In 2017, every three out of four projects were performed on the Ethereum platform, making it the most popular platform for ICO over the year.
Rest of the blog on Source Page: https://cointelegraph.com/news/top-10-companies-of-the-blockchain-industry-in-2017
I did not know a that the former VP of Amazon was apart of Ethereum. This is good information to know and suggest to me that big industry seems to be taking cryto very seriously, this is a good indicator; even with the frustrations seen on the futures markets with Bitcoin.
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2017 was the year of #Bitcoin and 2018 will be the year of #Ethereum!
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