A total of 13 Blockchain startups were included in the CBS Insights Fintech 250 startup list. The report is also touted as “the emerging fintech companies that are changing the face of the technology and finance industry”.
Fintech; Financial Technology Sector.
The processing industries with most of the companies on the list include processing and payments infrastructure, capital markets, trade and wealth management, while mobile banking, business loans and trade services are also in the top 6 places.
By the way, the Blockchain industry is among the smaller industries in the fintech sector.
The blockchain technology included in the list Companies
The blockchain industry has been instrumental in a significant development in the financial services industry over the past few years, especially when it comes to focusing on innovation. This was cited as one of the reasons why several Blockchain organizations were added to the CBS Insights list. Those on the list include Ripple, Blockstream, Blockstack, Chain and Xapo.
Also, Coinbase, Brave, Digital Asset, Factom and bitFlyer are also on the list. These are virtual currency exchange tools that try to make things happen in the industry. Meanwhile, Polybius is among the main investors of Blockchain companies.
It can be said that all of these companies are trying to implement their own innovative stances in their own operations. There are even those who have achieved varying degrees of success so far. For example, Ripple takes a different approach and develops its own strategy compared to its competitors.
cointelegraph