Uploaded on Sep 14, 2022
The top 10 blockchains of 2022 are listed below, as well as the amount of money they have generated overall throughout the years, according to Oyelabs specialists.
Top Blockchain Apps and their Revenue in 2022
Despite the fact that blockchain technology began with Bitcoin, it
already has far-reaching applications outside of the cryptocurrency.
Apart from bitcoin, blockchain has a wide range of uses in financial
services, supply chains, and government.
Governments are enacting new legislation to encourage the adoption
of blockchain technology in order to enable blockchain applications. In
Arizona, for example, signatures secured by blockchain technology are
permitted under state law.
Governments and organizations use the system for a variety of
purposes, including transferring value quickly, efficiently, and
transparently, and retaining transparent and immutable records of
transactions.
Top Blockchain Apps Of 2022
•Bitstamp
When it comes to crypto apps, Bitstamp is our top choice. This service
may be familiar to you, as Bitstamp was founded in 2011, making it one
of the world’s oldest cryptocurrency exchanges. Over 50 different
cryptos, including major coins like BTC and ETH, as well as a variety of
altcoins, are available for trading.
Bitstamp is noted for its low-cost strategy, with consumers able to
purchase cryptocurrencies for as little as 0.5 percent every transaction.
Fees are reduced to 0.25 percent of your monthly trading volume that
exceeds $10,000. When it comes to deposits, Bitstamp provides fee-free
ACH transfers with no minimum deposit requirement.
Bitstamp’s minimum position size for USD-denominated assets is only
$10, and for BTC-denominated assets, it’s only 0.0002 BTC. Bitstamp
secures 98 percent of customer funds in cold storage and encrypts
personal data, ensuring that you may trade safely.
•TraceDonate
It’s an identity management tool that provides transparent and
traceable cross-border transfers and donating, and it’s built on
Hyperledger Fabric. It connects recipients and charity organizations,
giving individuals who want to track their donations and have the
peace of mind that their donations have arrived at their intended
destination (as funds are kept in a digital online wallet.). Donors can
check their gift history directly on the Trace dashboard, and they
receive real-time notifications.
•Aglorand
Algorand is working to bridge the gap between traditional and
decentralized finance by delivering next-generation technologies
and protocols that make financial transactions more equal for
everyone. A collection of Layer-1 blockchains underpin the
company’s technology, which provides scalability, security,
transaction finality, privacy, co-chain, and smart contract
capabilities, with use cases spanning from securities and supply
chains to insurance, gaming, digital contracts, and beyond.
Since 2018, the company has received total funding of $126M till
2021.
•eToro
eToro is another top crypto app to consider in 2022, according to our
research. The SEC, as well as the FCA in the United Kingdom, ASIC in
Australia, and CySEC in Cyprus, regulate this provider. This means you
may safely trade cryptocurrencies on your phone without having to
worry about your funds being stolen. eToro supports approximately 50
cryptocurrencies in its supported markets. This means you can
purchase Sandbox, Ethereum Classic, and other new altcoins with one
click with minimal fees.
You can also obtain exposure to the top Defi coins in 2022 thanks to
the large choice of supported cryptos.
This covers cryptocurrencies such as Bitcoin, Ethereum, and EOS, as
well as XRP, Cardano, and AAVE. You’ll also be glad to find that
Dogecoin can be purchased on eToro for a modest charge. On the
eToro app, you can trade on any supported crypto market on a spread-
only basis.
•Burst IQ
It is an elevated and versatile Blockchain network developed for
securely handling health and identification data, and it was founded
in 2015. Its goal is to create seamless connections among systems,
partners, and individuals so that, rather than focusing on
infrastructure, one may concentrate on creativity.
This program allows you to securely send medical information from
point A to point B while remaining anonymous. Besides securely
transferring data, Blockchain has many use cases in the healthcare
industry. The entire launch of the BurstChain UI software developer
kit, which allows application developers to install blockchain-enabled
web applications and services on its platform, was announced in
August 2020.
They have managed to earn total revenue of $900K as of 2021.
•MediaChain
Mediachain is a decentralized, peer-to-peer database for sharing data
across applications and organizations. Data is tamper-proof and
decentralized using content addressing, allowing for location-independent
collaboration with no single point of control.
For their identity, readership, and monetization, publishers now rely on
centralized platforms. All data in Mediachain is encrypted and linked to
the author’s identity, providing a direct conduit for attribution, analytics,
and value to flow.
The concentration of power in huge platforms is increasingly threatening
our ability to innovate. Developers, creators, and organizations may use
open, shared data to reimagine how we share, consume, and experience
media.
Safe and secure transfer of data in Blockchain is very useful in
supply chain management and is revolutionizing many industries
•ChainYard
Chainyard is a group of Blockchain enthusiasts and forward-thinking
companies working to create world-class business and software
solutions based on Blockchain technology. This Dapp attempts to
improve supplier validation, onboarding, and information management
across the life cycle by addressing issues with Supplier Information
Management systems.
It prepares for frictionless communication throughout supply chains by
focusing on enterprise use cases. This Dapp has a blockchain-based
service called Trust Your Supplier that gives consumers access to
verifiable background information about their suppliers in order to
onboard them into a supply chain.
ChainYard has earned a total revenue of $18 million to date.
•Binance
This crypto software is perfect for those who want to acquire and sell
digital assets on a regular basis. There are three reasons for this. For
starters, Binance has over 1,000 trading markets covering a wide range
of crypto assets, so you’re certain to find an investment opportunity on
the app.
Second, Binance has some of the lowest trading commissions in the
industry. You will be charged a maximum of 0.10 percent per slide, or
$10 for every $1,000 traded. Active traders and holders of BNB tokens,
on the other hand, will be eligible for even better rates. Third, in terms of
volume and liquidity, Binance is the world’s largest cryptocurrency
exchange. As a result, when you trade with the Binance crypto app,
you’ll never have trouble finding a good price to begin and exit a
position.
With this being stated, it’s important to note that Binance is better
placed for intermediate to advanced traders. If you fall into this
category, you’ll like the trading features and tools that are available.
There are dozens of graphing and technical indicators available, as well
as bespoke order kinds.
•Voatz
Voatz is a decentralized, mobile election voting tool that allows voters to
vote safely from anywhere while also allowing election administrators to
run elections with ease. It uses distributed ledger technology to ensure
that abroad voters’ votes are secure and valid.
With this decentralized app, anyone can vote from anywhere, regardless
of their geographic location. To secure your vote, the app uses
smartphone security, remote identity verification, and biometrics. Their
products are designed to work with existing election systems and to
make the voting process more efficient.
Voatz has a total profit of $2.9 Million to date.
•OpenSea
Because OpenSea is the world’s largest NFT marketplace, the OpenSea
app has been one of the greatest locations to go if you’re looking to
purchase or sell digital art. Major collections such as Bored Ape Yacht
Club, Doodles, CryptoPunks, and more may be found on OpenSea. Every
day, the marketplace sees a flurry of highly anticipated new releases.
The nicest part of the OpenSea app would be that it makes finding new
NFTs a breeze. The app provides a tailored discovery feed that displays
the most recent content that you might enjoy. You can also follow artists
to receive updates on their latest work and to view related art that you
might like.
You can bookmark any NFT to a personalized favorites page if you’re
just browsing for now. You can use your favorites page as a watchlist to
keep track of valuable NFTs or simply as a personalized gallery for your
favorite works of art.
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