Paris Blockchain Week showcased some of the most innovative startups in the blockchain industry, signaling a strong 2023 ahead for the space. Despite ongoing volatility and macroeconomic risks, crypto startups continue to build exciting and innovative projects. From overhauling crypto security to making blockchain development radically simpler, here are some promising startups at the biggest blockchain event in Europe.
Web3 Antivirus is a startup that aims to solve one of the primary concerns for new users entering the blockchain space – security. Its browser extension scans incoming blockchain transactions and blocks malicious ones. Its proprietary tools and third-party oracles analyze incoming smart contracts for known malicious code. The goal is to ultimately build a comprehensive database and oracle network that would neutralize all blockchain malware. The founder of Web3 Antivirus highlighted the importance of security tools in crypto, stating that even the most sophisticated crypto users become victims of scams. Tools like Web3 Antivirus could become an essential part of the crypto ecosystem by making crypto more secure.
The growth of the DeFi space depends on blockchain developers. QuickNode is one startup that makes the lives of developers much easier. QuickNode offers a cloud-based service enabling developers to host decentralized applications on major blockchain networks easily. While this practice adds a level of centralization, it also reduces the barrier to entry for blockchain development. This enables more people to start their own decentralized applications and crypto projects. Radek Sienkiewicz, Developer Advocate at QuickNode, explained that services like theirs radically simplify blockchain development. Instead of running their own nodes, developers can use designated nodes by QuickNode.
Alyra, a French-based blockchain educational company, aims to fill the gap for skilled blockchain professionals. This “blockchain school” offers courses ranging from blockchain development to decentralized finance and blockchain consulting. Blockchain developer and instructor Cyril Castagnet told DailyCoin that interest in blockchain education is high. His course on blockchain development teaches developers how to transition to working on Web3 projects. More and more developers are pursuing a career in blockchain tech, and industry data shows that the number of Ethereum developers has never been higher in January 2023.
Another startup that promises to make blockchain development simpler is Koinly. Koinly is a platform that offers crypto tax software. The platform automatically generates capital gains tax reports for individuals and businesses. It supports over 6000 cryptocurrencies, including DeFi tokens, and exchanges. Koinly’s founder Robin Singh said that the platform aims to make it easy for crypto traders and investors to comply with tax regulations, which are becoming increasingly strict globally.
Blockchain-based gaming platform Breezecoin is another innovative startup that could revolutionize the gaming industry. The platform aims to create a seamless experience for gamers by allowing them to use Breezecoin as an in-game currency. The platform also offers gamers an opportunity to earn Breezecoin by participating in tournaments and events. Breezecoin aims to create a sustainable gaming ecosystem where gamers can easily monetize their skills and time.
One of the most promising startups at Paris Blockchain Week is Adex Network. Adex Network is a decentralized advertising platform that aims to disrupt the advertising industry. The platform allows advertisers to target their audience with greater precision while maintaining user privacy. Adex Network uses blockchain technology to ensure transparency in advertising campaigns, eliminating the need for middlemen. The platform’s co-founder Ivo Georgiev told DailyCoin that Adex Network aims to create a more democratic advertising ecosystem that benefits both advertisers and users.
In conclusion, Paris Blockchain Week showcased some of the most innovative startups in the blockchain industry. These startups are solving some of the industry’s most pressing issues, from security to accessibility to skilled professionals. The blockchain industry is set for a strong 2023 as these startups continue to build exciting and innovative projects.
