Fawzan Hussain
20 Jan 2022
•
4 min read
Blockchains are distributed database systems that are communicated among computer network nodes. They are better known for their role in cryptocurrencies like Bitcoin in keeping a safe and decentralized record of the transactions. Blockchains ensure the truthfulness and safety of a data file, generating trust with no need for a third party. Businesses include financial institutions, technology (fintech) firms, cryptocurrency miners, blockchain technology makers, etc.
Let's take a closer look at the top ten blockchain companies based on 12-month trailing (TTM) revenue. Because some companies outside the United States report profits semi-annually rather than quarterly, the 12-month trailing information may be older than for businesses that report quarterly. This list only includes publicly listed firms in the United States or Canada, either straightforwardly or via ADRs.
Coinbase Global is a premier supplier of economic infrastructure, including transactions and cryptocurrency-related technology. Its platform allows its retail consumers to participate, spend, save, obtain, and then use cryptocurrencies. The platform also offers organizations a large pool of cash flow for processing transactions in crypto-assets. It allows crypto-ecosystem collaborators to construct crypto-based apps and securely recognize crypto assets as a payout. Because Coinbase went public in April 2021, there is no one-year trailing net income data available for the corporation.
Monex Group is an online finance company based in Japan. It has online sales brokerages in Japan, the United States, China, and Australia. Wealth management, investment training, mergers and acquisitions (M&A) counsel, international foreign exchange (forex), and cryptocurrency exchange are also services offered by the firm.
BIT Mining is a cryptocurrency mining corporation located in Hong Kong. Its functions include cryptocurrency mining, a data center, and a mining pool. A mining pool is a bunch of bitcoin miners who pool their computation power across a network to effectively mine for cryptocurrency. BTC.com, a blockchain browser, is also owned by the firm.
Canaan is a fast-processing solution provider located in China. The corporation focuses on the high application-specific integrated circuit (ASIC) computing chip design and chip research and development, computing device manufacturing, and software solutions. It offers various AI services and is involved in studying and growing cutting-edge technology such as AI chips, AI algorithms, system on a chip (SoC) integration, and others.
Voyager Digital is a cryptocurrency asset brokerage that offers institutional and retail clients access to a digital platform for trading crypto assets. The firm's mobile app provides a safe way to buy, sell and trade more than 60 different crypto assets. It also offers global cryptocurrency payment services to consumers and merchants.
SOS is a technology company located in China that uses an Artificial intelligence blockchain network as its core functionality. Clients can add value to the company for information technology services such as rescue, big data, trade, and digital wealth management. It also provides information safety and advertising data and technology and solutions for urgent rescue services such as insurance, finance, healthcare, motor car, security, and mutual support.
HIVE Blockchain Technologies is a cryptocurrency mining firm situated in Canada. The corporation holds 100% renewable power data center infrastructure in Canada, Sweden, and Iceland, mining virtual currencies such as Bitcoin and Ethereum.
Silvergate Capital is the holding company of Silvergate Bank, a supplier of economic infrastructure solutions to digital currency respondents. The firm utilizes its technology platform to create solutions for many of the world's largest digital currency exchanges and shareholders.
Riot Blockchain is a cryptocurrency mining company. The mining activities include Texas facility and hosted miners at Coinmint LLC's New York location. Riot Blockchain's U.S. facility is a wholly-owned corporation, and it houses the most prominent single Bitcoin mining and hosting infrastructure in North America, as measured by its energy capacity.
Bitfarms is a cryptocurrency mining corporation based in Canada. Aside from mining, it also offers onshore technical restoration, analytics, and electrical engineering and installation services. It works in two major elements: the first runs server farms that help verify blockchain companies transactions, and the second offers electrician assistance to residential and business customers in Quebec.
Are you willing to invest in any blockchain technology? If yes, then you can check out the profiles of the companies mentioned above. Just make sure to read well before you proceed with investing your money.
Fawzan Hussain
An SEO consultant and the CEO of Seooptimizekeywords.com. With over a decade of experience in the industry, I'm passionate about helping businesses achieve their online marketing goals through effective SEO strategies.
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