Princeton, New Jersey, a city renowned for its culture of academics and innovation, has become a breeding ground for progressive concepts. One such concept that has received meaningful traction lately is the blockchain industry. Several pioneering companies in this sector have emerged from the heart of this academic haven, changing the face of fintech through distinctive applications of blockchain technology. The focus of this article is to highlight some of the Princeton-based enterprises making massive strides in the Blockchain industry.
Often misunderstood, blockchain is much more than just the technological basis for cryptocurrencies like Bitcoin. By its very design of decentralization, trust-building, and transparency, blockchain easily adapts into multiple sectors covering finance, supply chain management, healthcare, and more. Energy, insurance, pharmaceuticals – no industry is left untouched by these groundbreaking companies. It is the potential of this technology that has transformed metro cities and small towns alike into burgeoning hubs for blockchain-based solutions.
This series aims at presenting some of these illustrious enterprises that have their roots lodged in Princeton, New Jersey, and have with their innovative approaches, already started making waves in the financial and technological world.
OpenRisk Technologies Inc.
Founded by Narasimha Kodihalli, OpenRisk, through its unique combination of Semantic Web, Natural Language Processing, Machine Learning, and Distributed Ledger Technologies, focuses on providing interconnected insights that enable financial institutions to manage and analyse their structured and unstructured data. Their commitment is to become the knowledge backbone of these organizations and help them make informed business decisions. Find them on Facebook, Twitter or LinkedIn.
PleasrDAO
A collective of DeFi leaders, early NFT collectors, and digital artists, PleasrDAO is one of Princeton’s blockchain-based companies. Intriguingly mysterious, they offer no additional information other than their industry. Find them on Twitter.
Millennium Consultants
Millennium Consultants is a dynamic company at the intersection of Artificial Intelligence, Blockchain, and Information Technology. Their offerings and distinct services in the industry are not known. Follow them on Facebook or connect on LinkedIn.
Verbwire
A company committed to expanding the reach of crypto across the globe, Verbwire’s exact services remain obscured. However, its dedication to building quality products for its customers is evident. Find them on Twitter.
SportVEST
Blockchain-based company SportVEST, co-founded by Ben Godfrey, does not disclose its activities. Check them out on Twitter or connect on LinkedIn.
UGR – Next Gen Compliance Experts and Solutions
Founded by Hourad Afsar, UGR specializes in advisory services and RegTech solutions that address the full spectrum of compliance risk across multiple jurisdictions. They cater to industries such as Financial Services, FinTechs, Payment Processors, Web3, DeFi, Digital Assets, Blockchain and Crypto businesses. Find them on Facebook or connect on LinkedIn.
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