The Bandwagon concept was tested on college football and then extended to other sports and types of events: conferences, concerts, symposiums, etc. Now the network processes over 1 million tickets per year and has good growth rates of user engagement (people more often buy tickets).
# 3. (ATOM): Combining all blockchains
Cosmos Network with connected Bitcoin, Ethereum and some other potential zones
A decentralized platform
that is potentially capable of connecting all blockchains into one global ecosystem (Internet of Blockchains, or IoB), which will allow unrelated chains to exchange values without resorting to the services of intermediaries. The Cosmos project is at the development stage, but it has already entered the twenty cryptocurrency with the largest capitalization.
How blockchain platform will be used for two tasks:
- The network will become something like a decentralized cryptocurrency exchanger, with which you can exchange BTC for ETH or another virtual currency without using the services of exchangers, cryptocurrency exchanges, banks and other intermediaries. In the future, through Cosmos, it will also be possible to change other values: images, video, audio, certificates, etc.
- With Cosmos, you can create decentralized applications (DDaPs) that can interact with various blockchains connected to the Cosmos Network. It will be possible to create DDaPs from pre-designed modules and templates or from scratch.
The Cosmos network was launched on March 13, 2019, but the project is still at the concept verification stage. So far, only atomic transfers have been tested (the exchange of tokens between different blockchains). By the end of the year, it is planned to add the IBC communication protocol, which will allow connecting other blockchains
to the Cosmos Network, for example, Bitcoin or Lightcoin.
# 4. PhunCoin: Loyalty management
PhunCoin Work Scheme
PhunCoin is a network from Phunware and IBM. Positions itself as the only blockchain platform
that provides solutions, products, data and services needed to attract, manage and monetize the audience of mobile applications. Phunware managed to attract $ 100 million in venture financing and became the first company in the history to be included on the NASDAQ list and at the same time launching Security Tokens Offer (STO)
PhunCoin Blockchain focuses on the Fortune 1000 hospitality and retail brands. To use it, simply install the Phunware Loyalty SDK. After that, companies can launch their own loyalty programs and reward customers with Phun cryptocurrency, which can be accumulated and changed for products, discounts, bonuses and participation in promotions.
Benefits of PhunCoin:
- Phun is the only coin for all brands and loyalty programs. That is, buyers will be able to get Phun coins when they buy goods at one store and use them in other store loyalty programs.
- Brands are able to use personal data without owning them. Thanks to this, you don’t need to worry about compliance with a multitude of regulations from different jurisdictions and don’t waste time and resources to ensure the security of this information.
- Consumers retain full control over their digital identity, personal and business data.
# 5. IPwe: Patent licensing
IPwe features and benefits
The world's first Global Patent Register (GPR), which will allow market participants to unite, interact and communicate with each other without intermediaries and third-party regulation. At IPwe, you can easily and quickly evaluate patent portfolios, sell and buy patents, pay the appropriate fees and attract third-party services for patent valuation, raising finance and insurance.
At the base of IPwe are two new technologies:
- Blockchain - responsible for the verity, security and data storage.
- Artificial Intelligence - responsible for evaluating patents, automating a significant part of the processes.
IPwe has been fully operational since December 2018. More than five thousand patents are transferred to the system. The first transaction between the participants of the platform was the sale of more than 100 patents worth $ 3 million. Transaction time has been reduced by 70%. The cost has also greatly decreased.
# 6. Securitize: Tokenization of corporate debt
Securitize Digital Securities Ecosystem Infrastructure
and protocol for the issuance and management of "digital" securities. The company provides the basis for the issuance of "digital" securities (security tokens), including the services of the issuer, investor and support services. The Securitize protocol used by Digital Securities (DS) has the highest adoption rate in the market. So, among others, it was used to launch STO startups such as Blockchain Capital, Spice VC, Science Capital, 22x Fund, Cityblock Capital, Lottery.com and Augmate.
Key benefits of Securitize:
- The best accumulation of capital due to greater availability, ownership and reduced entry level for investors. To buy security tokens, you only need to connect to the network and the corresponding accreditation (depending on jurisdiction). Not everyone has such accreditation, but the pool of potential investors is still huge: in the United States alone there are more than 12 million accredited investors.
- Automation of the life cycle of "digital" securities. Smart contracts are able to automate the passage of KYC / AML, investor identification, verification of accreditation, escrow of funds, exchange of values, issuance of tokens, secondary sales, placement of a token on the stock exchange, contacting customer support, etc.
- Increased liquidity. Security tokens can be sold in unlimited quantities at a tremendous speed in accordance with the ATS license in the USA or MTF in Europe, as proved by the start-ups of OpenFinance Network, tZero, VRBex, Coinzoom, BnkToTheFuture and others. And unlike traditional sites, such exchanges operate 24/7, are available anywhere in the world and eliminate most of the middlemen.
- More complex investor rights. Smart contracts allow you to code complex economic and managerial rights, including voting, inheritance, distribution, refund, and the like. And without the participation of third parties as guarantors, proxies and / or intermediaries.
# 7. Lucidity: Advertising Fraud Prevention
Lucidity allows you to audit marketing indicators
Winner of the Blockchain Startup 2018 award from The Blocks Awards and Digiday Technology Award
2018 for the best marketing analytics platform. The goal of Lucidity is to prevent digital advertising fraud by creating a platform where end users of marketing services can verify the authenticity of marketing indicators
with a single click. It is not difficult to guess that these data will be recorded and stored on the blockchain and only the participants of specific marketing campaigns and their partners will have access to them.
The project is being developed with the participation of IBM and is already being used by several major brands, for example, Toyota and GameStop. Its target audience is marketing agencies and their Fortune 1000 clients.
According to the report on the transparency of advertising and the introduction of the blockchain into this market, the use of Lucidity will allow to:
- Reduce by three times the level of losses that companies incur annually due to marketing indicators fraud. For Fortune 1000 companies only, this is an annual savings of over $ 10 billion.
- Minimize the inconsistency of marketing data presented to the customer with real data. Now these numbers are depressing, for example, the proportion of inappropriate clicks is 48%.
- To increase the level of market transparency, which will lead to an increase in the effectiveness of the average marketing agency and, consequently, an increase in their profit.
# 8. TigerTrade: B2B market for trade
TigerTrade creates a market for the sale of surplus branded items
International B2B platform
for the implementation of excess retail stocks of branded items in emerging markets. Practice shows that many retail stores at the end of the season accumulate a certain amount of fashionable clothes, shoes, accessories and other things that are no longer popular (due to the change of season). At best, such things are in stock until the new season and then sold at a huge discount.
The project team suggests not to wait for the new season and not lose money because of this, but to sell the surplus in emerging markets. To do this, TigerTrade has launched a B2B market and a comprehensive TradeFlo platform for checking suppliers, authenticating goods, tracking payments and shipments.
- brings together shop-seller and shop-buyer on one platform;
- acts as a guarantor of the conclusion and fairness of transactions;
- guarantees delivery of goods from the seller to the buyer.
All this allows retailers in developed countries to receive lost profits, retailers in developing countries to get goods that are not completely out of fashion and sell them at reasonable prices to end customers in developing countries to buy new branded items at normal prices, that is, without 100–300% markups.
# 9. Connecting Food: Supply Chain Audit
Connecting Food is the first startup that not only tracks the movement of food along the supply chain, like the IBM Food Trust or VeChain Thor, but audits all actions in real time
French startup using blockchain technology
to make the supply chain in the food industry more efficient by checking real-time specifications (geographically, organic, non-GMO, etc.).
This is the responsibility of the Live Audit function, created on the basis of research in the field of algorithm analysis and formal evidence developed by CEA. Live Audit checks and detects inconsistencies and then indicates the level of compliance: general, partial, or zero. All participants in the process, from the farmer to the end consumer, have access to compliance level information. To do this, simply install the application and check the product with a special bar or QR code. Very fast, affordable and efficient.
In addition, Connecting Food together with IBM is working on «network of networks» to create a single supply chain check algorithm for all IBM Food Trust-based solutions. This will give Connecting Food the opportunity to use their technology to test products sold by Walmart, Tyson Foods, Albertsons, Dole Food, Unilever, Kroger and other network retailers and food manufacturers.
# 10. Ferrum: Equipment leasing
Ferrum makes equipment leasing market global
A Canadian company that uses the blockchain to increase transparency
and efficiency in equipment leasing. They work with enterprises in such sectors as energy, transport, agriculture, technology and construction, as well as with the public sector, including schools, universities, municipalities and hospitals.
Ferrum monitors and records all stages of the leasing life cycle, and also speeds up and cheapens all leasing business processes, saving money and time for all market participants. But not only, depending on the role, Ferrum users get other benefits:
- For tenants. Easy access to the global market, which makes it possible to choose from the maximum number of suppliers of equipment and leasing services. This increases the level of competition in the market, which in turn leads to lower prices and improved service quality.
- For landlords. Access to global markets, which makes it possible to provide services not to a limited number of consumers in a particular region, but to the whole world. Thanks to this, efficient landlords will receive new sources of financing and will reduce the time for finding new customers from several weeks and months to several days and even hours.
- For donors. The ability to provide financial services to a much larger number of potential customers, which leads to an increase in the volume of transactions and the number of transactions (i.e., donor profits). In addition, increased competition leads to lower risks for donors, since high competition leads to lower fraud.
- For vendors. For the first time, they have the opportunity to sell their products on an industrial scale, providing equipment and services to the global pool of customers, rather than to individual farmers and companies.