BSA 1: #of registered blockchain/ICOs in the city (10 points). How Fiat Currency Crises Drive Nations Toward Cryptocurrencies. Atlanta, Georgia. 1. The financial and tech hub of 8.4 million people can spend their bitcoin at about three dozen merchants in the metro area, including the Bitcoin Store in lower Manhattan and CryptoART in Morningside Heights. The blockchain support of Web3 infrastructure comes from Fortress Trust. New York is also a major hub for crypto startups and media companies, such as CoinDesk, Decrypt, and CoinTelegraph, as well as home to Consensus, one of the largest annual events in the crypto industry. In fact beyond that, you could argue that blockchain, which was introduced to enable Bitcoin to function, was born due to a lack of trust in national governments. The Top 10 Blockchain Projects in the World - Hitecher This tiny tourist town is now seeking to rebrand itself as "Bitcoin Beach," the world's first bitcoin-centered economy, following a substantial crypto donation to the municipal government. The extensive logistics platform lets supply chain managers efficiently track shipments, incentivize operators for efficient routes and view a fully-transparent shipping process. Let me start by stating that any ranking initiative, like the ones I previously led on smart cities, and this first attempt at a ranking of blockchain cities probably carries more weaknesses than strengths. Accessed Oct. 10, 2021. Every choice made in the ranking process could be questioned. The decentralized Chronicled ecosystem helps industries like pharmaceutical, commodities and precious metals track-and-trace every move their shipment takes. The Smart Dubai initiative is developing use cases for blockchain across multiple sectors such as finance, education and transportation. Accessed Oct. 10, 2021. 1 . The company offers a pure proof-of-stake foundational blockchain. In June 2021, crypto exchange Blockchain.com announced it would be moving its U.S. headquarters from New York City to Miami. The Nigerian capital has been ground zero for popular resistance against the central bank's monetary policy and restrictions on cryptocurrency. Algorand makes digital transactions a common convenience by allowing companies to complete smart contracts with simple code while securing their blockchains with trustless technology. Data was collected via LinkedIn on April 28th. Nearly 15,000 people were welcomed to Bitcoin 2021 Miami by its amiable mayor, Francis Suarez. Founded in 1911, IBM is a cloud platform and cognitive solutions company its also the largest company in the world embracing blockchain. San Francisco is home to cryptocurrency trading platforms Coinbase and Kraken. . Accessed Oct. 10, 2021. This year they went further than usual and explored several different sub-sectors including blockchain. For this I decided to keep it relatively simple. Coin ATM Radar. The policy aims to catapult Hyderabad to one of the top 10 'Blockchain Cities' of the world. Coin ATM Radar. This article discusses the top 10 countries which are leading blockchain technology in the world. Malta is a "blockchain island." This country is considered as one of the most blockchain-oriented regions . Paxful also makes it more convenient for users across the globe to invest in Bitcoin and other forms of crypto. Prior to Built In, Daley worked as a CNN production assistant and development coordinator for Rotary International. The markets of Kreuzberg district in Berlin became renowned all the way back in 2013 for accepting Bitcoin, at one point having the most cryptocurrency-accepting businesses per meter of anywhere in the world. San Francisco Not surprisingly, the technology capital of the United States figures prominently on our list. Aside from this secondary research, I was able to supplement the research via my blockchain professional network in these cities, and in two specific cases (Singapore and Zug), I was able to visit with government and ecosystem actors. "San Francisco County, California." But Berlin has been hip on the Ethereum scene for almost as long. This article will look at the top 10 nations that support blockchain innovation. Startups based in the city include Coinfloor, which claims to be the oldest bitcoin exchange in the U.K. The city is home to more than 631,000 residents. Borrowers can lock into cash loans, from one to 36 months, by leveraging cryptos like Bitcoin, Ether and Dogecoin. All of them are skilled enough to help businesses to fulfil their Blockchain development . BitPay. Its common to think of Bitcoin as just another form of currency, but its actually a blockchain: a decentralized digital public ledger, which in addition to its use as currency can also serve as a base for a decentralized internet architecture. While some can be categorized as fundamentally blockchain companies, others are familiar names embracing the new technology. "Bitcoin ATMs in or Near Miami." Delhi, India - 29.3 million people. Did your town make the cut? And there's been plenty of leaking. .chakra .wef-10kdnp0{margin-top:16px;margin-bottom:16px;line-height:1.388;}What is the World Economic Forum doing to ensure smart cities? But the Swiss town of 30,000 punches above its weight. Ripple is a payment network using blockchain to transfer money all over the globe. ScienceSoft offers end-to-end development of custom blockchain solutions. Definition, How It Works, Why It Matters, Satoshi in Bitcoin Explained: What It Is and How Much It Is Worth. So, with this warning in place, below I will attempt to explain transparently the approach developed for this ranking. Accessed May 11, 2020. This major metropolis has about four dozen merchants who say they accept bitcoin and a surprising 651 bitcoin ATMs and tellers. Ljubljana has eleven bitcoin ATMs in the city and surrounding areas, and roughly 200 merchants who say they accept bitcoin. Accessed Oct. 10, 2021. The first bitcoin was mined in 2009; now, thousands of merchants around the world accept virtual currency for payment. I created my own independent assessment of the experts, and then as a second step, I sent the list of cities to Verum Capital an ICO advisory company from Switzerland, to independently rate the 18 cities on their national-level regulatory framework. "BitPay's New Amsterdam Headquarters." Singapore is a major financial hub, and it has only gained stature in the crypto world as China has clamped down on crypto activity and Hong Kong falls under the mainland's orbit. Some popular use cases of Bitfurys solutions include e-auctions, queue management and fraud prevention. Celsius Network (CEL) https://celsius.network/. Kraken, OKCoin, and Robinhood all have big footprints therenot to mention Coinbase, whose executives are still clustered in San Francisco even as the firm. Here are some of the trends that will be . Accessed May 11, 2020. Zug was almost left off the list due to a technicality: It's not big enough to be a city. Accessed Oct. 10, 2021. Finally, the question is how to go from the raw collected data into a final ranking. Even without them, the city-state already has a lively crypto scene that includes the headquarters for market data firm Nansen, exchange Crypto.com, and DeFi protocol Kyber Network. The draft highlights the framework is set up for the blockchain ecosystemalong with the conceptualizing of the India first blockchain district. Under new chairman Gary Gensler, the SEC has pushed for tougher consumer protection laws, claimed the DeFi space is teeming with unregistered securities, and even threatened to sue one of the biggest companies in the industry, Coinbase. Featuring capabilities like bank transfers, online wallets, cash payments, debit and credit card access, digital currency trading as well as trading for Amazon wishlist items, cars and appliances. It can improve transparency and efficiency in public services, reduce fraud, and improve data security. With lockdowns and restrictions having limited gatherings for a year, Bitcoin and cryptocurrency advocates needed a place to go. IBM has helped more than 220 businesses develop applications and data governance tools that run on blockchain. Accessed Oct. 10, 2021. Top 10: The largest cities in the world. As the technology capital of the U.S., San Francisco figures prominently on our list of bitcoin hotspots. The virtual worlds are designed to be a social and interactive VR experience that can host more than 100 people at once. Customers can participate in live streams, behind-the-scenes videos and other inside content by owning an NFT. In a first effort at ranking, with virtually no precedence in an emerging field, indicator selection (let alone data collection) is not an exact science. Not bad, given its relatively small population of 880,000. But New York Citys next Mayor, Eric Adams, is pushing to attract and retain companies in the U.S.'s financial capital. Merchants in Utrecht, Rotterdam, and The Hague also accept cryptocurrency. Cities across the country are tapping into their pools of cryptocurrency talent. The list was the product of intense debate among a small group of group of Decrypt editors and staff writers and represents regions from around the world. Coinme has set out to break down barriers by teaming with Coinstar to form a nationwide network of Bitcoin kiosks that accept cash investments and allow users to store investments via the Coinme app making it easier for people to improve their financial lives and begin investing in Bitcoin and other cryptocurrencies. Indeed's numbers are actually lower compared to figures from other job search sites, such as LinkedIn, which reported a . We've rounded up 61 interesting examples of companies using blockchain. I then revised the ratings I had previously developed as a result. A Smart Cities World survey reveals that only 15 per cent of the cities surveyed said they are running any blockchain implementations or trials. Coin ATM Radar. Blockchain tech is no exception. Its 5.5km streets rank alongside Oxford Street in London and the Champs-lyses in Paris as one of the busiest commercial areas in the world, with one million people shopping there every day. San Jose, California. Its platform supports methods like debit and credit card, local bank transfers, Apple Pay, Google Pay and Samsung Pay. Mediachain is a blockchain-based music platform that registers, identifies and tracks creative works online, ensuring the original information about content is identified. There are many sights to see when visiting Japan. The Six Biggest Blockchain Trends Everyone Should Know About In 2021 It was the site of the initial Devcon in 2014, then became the hottest hackathon space in Europe with ETHBerlin. Accessed Oct. 10, 2021. Accessed May 11, 2020. This category ended up with 7 indicators which made it to the final analysis. TQ Tezos works across industries to discover, design and implement innovative blockchain opportunities for both private and open-source environments. "Investors seek exhumation of Canadian crypto currency firm founder to ensure it's him." The firm offers asset management, derivatives, financing, custody, and execution services. You can create global payments with this platform or build your own custom financial solution. The platform records a . Accessed Oct. 10, 2021. Blockchain technology could be the answer. As such, I have incorporated the citys smart city ranking from Easyparks annual ranking as it had the most coverage of the cities in our list. Nisum is a global digital commerce firm offering services ranging from digital strategy and transformation to insights and analytics as well as blockchain and custom software development. We hope to receive suggestions from the global blockchain ecosystem on how to improve the methodology in future iterations. The creation of a secondary digital economy, based on a blockchain, helps to verify scarcity and create a clean record of ownership over unique digital items. Boyd is a researcher and entrepreneur in smart, sustainable & entrepreneurial cities, Hes authored 3 books & is CEO of IoMob. . Austin, Texas. New York City came in at no. At least 15 blockchain companies today call Berlin home, including Centrifuge and Gnosis. People walk on a busy street in Delhi, India. Dan Blystone is the founder and editor of TradersLog.com, as well as the founder of the Chicago Traders Meetup Group. "Bitcoin ATMs in New York, United States." Some indicators may be incredibly relevant but if the data is virtually impossible to obtain, than the indicator is useless. Other regions becoming more accepting of bitcoin and cryptocurrency include Cyprus and Malta, as well as countries experiencing economic uncertainty and currency volatility such as Venezuela and Zimbabwe. The move sent crypto prices into freefall and fundamentally changed the geopolitical makeup of the Bitcoin mining industry. Surprisingly few people in the blockchain space who aim to report on the quality of the blockchain ecosystem in a jurisdiction have looked at this, I think in part because most of the current posts on the topic are done at a national level, and again, more focused on the national regulatory environment more than the local blockchain ecosystem in an urban area. Play to Earn. "El Salvador to Exempt Foreigner Investors from Tax on Bitcoin Price Gains." Lagos is the largest city and financial center of Africa's biggest economy, which has been battered by six consecutive years of double-digit inflation. Consumers can submit tokens for listing and create a business account to trade too. You can unsubscribe at any time using the link in our emails. Accessed Oct. 10, 2021. Instead of relying on traditional credit scores to determine interest rates, the companys loan-to-value ratio reviews how much collateral a customer can offer and bases interest rates off of that number. 40% of cities say they have 'no idea' how they could use blockchain "Who We Are." This category ended up with 3 indicators which made it to the final report. Top Cryptocurrency Job Markets: 10 Cities With the Most Hiring in 2021 Coinmap. For a city to succeed as a blockchain city, it needs to embrace holistic and ambitious approaches to being a smart city, combining aspects of urban leadership and citizen co-creation. The affordable housing crisis could get worse before it gets better, and other city-focused stories you need to read now, These outdated mindsets and regulations are holding back urban mobility: Experts, Only 1% of Land in Americas 35 Largest Cities Is Walkable, Making the local global: how cities can have a positive impact on the climate, Housing prices have fallen the most in these countries, Hites Ahir, Prakash Loungani and Karan Bhasin, Art and technology together can help tackle urban mental health, Project Fellow, Centre for the Fourth Industrial Revolution, is affecting economies, industries and global issues, with our crowdsourced digital platform to deliver impact at scale. The doc.ai platform combines all of a patients medical data from every single medical source pharmacies, doctors visits, emergency room stays under one secure app. The 5 Biggest Blockchain Trends In 2022 Bitfury. In third world countries, Romit promotes entrepreneurship and other business developments. The company uses blockchain by implementing standardized data formats to represent trades and reference information as well as employing and contributing to open frameworks wherever possible. BSA 2: # Blockchain Professionals (10 points). Vancouver is home QuadrigaCX, the defunct cryptocurrency exchange that lost C$180 million in client funds after the alleged death of its founder. People usually describe L1 blockchains as networks, e.g. This way, industry officials can monitor where shipments travel and who is handling them in order to cut down on counterfeiting and boost safety precautions. "Bitcoin ATM Map." Blockchain Platforms - List of the Top 10 in 2020 | EM360 Add that to an infrastructure bill that snuck in language redefining crypto brokers, and you might think the U.S. capital was out to kill crypto. Mythical Games is a studio creating games and online experiences that feature true ownership of digital assets. Proof of work is the process of validating transactions on a blockchain to confirm transactions, close a block, and open a new one. 61 Blockchain Companies to Know 2023 | Built In 2023 Decrypt Media, Inc. The platform aims to unify digital assets and cryptocurrency with taxes and accounting to ensure compliance. 1. Bitfurywas founded in 2011 and has since grown into a global blockchain company. Top 10 Blockchain Platforms IBM Blockchain IBM is the pioneer company to use blockchain for creating efficient and transparent business operations. This year, Nigeria, topped the list for peer-to-peer trading volume in Africa. While some can be categorized as fundamentally blockchain companies, others are familiar names embracing the new technology. 1. "About Coinbase." The Beijing-based government went one better this year when it banned mining. The Nigerian capital has been ground zero for popular resistance against the central bank's monetary policy and restrictions on cryptocurrency. Kraken. They're talking about what's going on in Nigeria. Top 10 Blockchain Technologies - Listverse Bukele has also shown a commitment to mining Bitcoin with renewable energyfrom volcanoes. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Meetup. "The Netherlands." Israel's financial center and one of the world's leading cities for startups has nineteen merchants accepting bitcoin and seven bitcoin ATMs in a population of 451,000. The companys platform was launched in 2014 by ex-bankers with backgrounds in computer science, financial engineering and traditional finance and utilizes the same technology found at the top trading firms. The original Bitcoin wallet provider, Blockchain.com, calls the U.K. capital its home as do newer firms like Ethereum wallet Argent and digital asset custodian Copper. Japan Has the Most Beautifully Designed and Colorful Manhole Covers in the World. And as of this year, those companies can even pay their taxes in crypto. These are the top 10 cities with the fastest growing wealth - CNBC IBM Blockchain: IBM is a well-known name in Information Technology. A lot of things are happening in the blockchain world. While there is no universal standard of rating or comparing favorable regulation, there are many legal experts who have sounded off on this topic and I leveraged numerous ratings and commentary from such global experts to subjectively assess ratings for each of the eligible cities. Crypto is a global community of people who are increasingly living in a digital metaverse. Coinmap identifies more than forty places to spend bitcoin in the Dutch capital, including bike repair shops, barbers, and coffee shops. The companys platform also serves as a crypto wallet and trading account. Headquarters: McKinney, Texas. The top 10 companies and cities for blockchain developers ConsenSys is changing the world of financial transactions by embracing decentralized finance solutions. Nasdaq. This data was collected from Crunchbase on April 25th. Overall, the company strives to connect businesses and consumers for basic communication and trading capabilities. FTX, meanwhile, splashed out tens of millions to get the naming rights for the Miami Heat stadium. Couple that with the UK's split from the EU, and companies may give serious consideration to basing their European operations elsewhere. 1) Token Report's ranking of top 10 cities based on headquarters of projects completing a token generating event, or ICO. Given my core academic training in entrepreneurship and my own previous work with measuring entrepreneurial activity and ecosystems I have much respect for the work this team does to collect data on entrepreneurial ecosystems around the world. Boston-Cambridge-Newton, MA-NH. These domains function as a users cryptocurrency address and universal username. NC3: Best Places to do Business (5 points). Learn more about this unknown developer and who it might be. U.S. Census Bureau. Pinata provides Web3 content creators both current and aspiring with more access to the NFT market. It's the adopted home of Ethereum creator Vitalik Buterin and the birthplace of co-founder Joseph Lubin, who went on to build Web3 software and investment company ConsenSys. Anchorage Digital is a full-service financial platform that helps investors safely use crypto. So, instead I had to use good old fashioned google searches to identify applications being implemented in the eligible cities.
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