5 FinTech Companies to Shape the Future of Money

By July 17, 2016Bitcoin Business

With 2016 marking four years since the last halving, dropping to 12.5 bitcoins every ten minutes, what FinTech companies should we look out for in the years ahead? The birth of Blockchain technology is quickly becoming the main component of the FinTech revolution and is quite possibly considered the most innovative concept in the FinTech industry.

Most people naturally associate the Blockchain to Bitcoin as that’s where its roots originate. However, Blockchain is fast expanding beyond Bitcoin with banks, financial institutions, and individuals slowly understanding the benefits that it can produce.

Not only that, but with more people finding it easier to invest in the digital currency with financial institutions such as American Express , Nasdaq , and Visa investing in blockchain startups, the world surrounding blockchain is experiencing an attitude change. 1. Adyen

Amsterdam-based, Adyen is a leading e-commerce payments company globally across six continents for companies such as Facebook, Uber, Airbnb , Netflix , and Spotify .

At the beginning of 2016, the Bitcoin-accepting company announced that they had doubled its annual revenue in 2015 and were, subsequently, expanding its next generation point of sale solutions to the U.S. market.

In 2015 Adyen’s yearly transaction volume reached $50 billion while its revenue surged, amounting to $350 million in the same year. 2. Bitnation

Run by Susan Tempelhof, Bitnation is the world’s first Digital Nation providing governance services on its platform, Pangea, with the help of the blockchain technology, where it aims to create a nation where state governments become irrelevant.

Tempelhof said to CoinTelegraph that when Bitnation started, no one had ever attempted to create a Blockchain-powered Digital Nation. Since then, they have done the first ever marriage, world citizenship, birth certificate, land titles, issued refugees IDs, public notary in partnership with Estonia and a constitution on the blockchain. Tempelhof says: “Now, […]

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