Lehi, Utah is not only known for its rich history and stunning natural beauty – but it’s also becoming a hub for blockchain technology. This small town has seen an influx of companies focusing on blockchain, cryptocurrency and fintech, positioning itself as a prominent player in the global blockchain industry. Let’s delve deeper into some of the companies leading the blockchain charge in Lehi.
Blockchain technology, often associated with cryptocurrencies like Bitcoin, has transcended the financial sector and is now being used in various industries from retail to health care and everything in between. It’s transforming the way we conduct business, manage data and even how we interact online. Businesses in Lehi are taking full advantage of this technology, developing innovative solutions and applications.
Whether you’re familiar with the ins and outs of blockchain technology or you’re just starting to explore its potential, the following companies in Lehi are worth your attention. Some are household names, while others are emerging players in this dynamic space.
Ocavu
Founded by veterans Chris White, Jon Cheney, Mike Snow, and Thane Brimhall, Ocavu (formerly Seek) is making significant strides in the blockchain and augmented reality arena. They offer brands and influencers a comprehensive Web3 ecosystem, enabling them to tap into the potential of blockchain, NFT, augmented reality, 3D technology, and crypto utility tokens. Ocavu allows brands to level up their decentralized, digital engagement. They also launched their own token – the OCAVU – which is a powerful utility token on the Polygon blockchain.
Genesis Block
Founded by Mick Hagen, Genesis Block is pioneering the field of online banking with its blockchain-powered application. Aiming to bring full-service banking experience, Genesis Block provides high interest rates on saving accounts for both crypto and fiat deposits. Users can also borrow money instantly from the phone, fostering financial inclusivity and accessibility.
Galvan
Galvan leverages blockchain technology in the health and wellness sector. By creating a comprehensive ecosystem that enables ownership and control of health data, Galvan motivates users to care for their health and rewards them for making healthy choices. They’re introducing a new kind of accountability and turning self-care into a rewarding activity.
DeEye App
Founded by Anthony Akorful Botchway, the DeEye App is a global community platform that uses the power of blockchain, AI and image recognition to help find and identify missing persons. DeEye App aims to help families and friends of missing persons find their loved ones on a global scale. It’s a powerful testament to the potential uses of blockchain technology in contributing to social causes.
Symatri
Symatri, a player in the Advertising and Blockchain industry, leverages blockchain for marketing and advertising endeavors. Although the project details are somewhat under wraps, we can expect exciting things from them.
Neuryx
Founded by Tom Karren, Neuryx works within the field of blockchain and cryptocurrency. Neuryx provides transparent & intelligent automated trading tools helping traders to make informed decisions.
These are just a few examples of the impressive array of blockchain companies that call Lehi, Utah home. Each of them explores unique applications of blockchain technologies, showcasing its potential in a variety of industries and sectors. These companies are continually pushing the boundaries of what’s possible with blockchain technology, cementing Lehi’s growing reputation as a hub for blockchain innovation.
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