The cryptocurrency price including Solana price and Brise price is rising and it’s expected to rise even further in the coming years. It’s already at an all-time high, but with the next generation of technologies being pioneered by altcoins, we can only expect more growth in this market.
While some cryptocurrencies have started to branch out into other industries, like healthcare and manufacturing, there are still plenty of opportunities for startups to build on top of blockchain platforms that are just getting their start. For instance, the blockchain platform Ethereum has seen a huge growth in the development of applications that use its smart contracts functionality.
We’ve collected a list of the top blockchain platforms from around the world to explore in 2023.
Table of Contents
What is Blockchain Technology?
Blockchain is a decentralized digital ledger. It is a distributed database, meaning that no single person or organization is in charge.
Spread betting traders can monitor and manage their positions in real-time, adjusting their bets as market conditions change.
The blockchain network keeps a copy of the database on all computers connected to it, so there’s no single point of failure or vulnerability.
Each computer running the network has its own copy of all transactions ever made using that currency, which makes it impossible to alter any transaction information in an undetectable way without getting caught by other members of the network (called “nodes”).
list of the top blockchain platforms to explore in 2023
Tezos is a self-amending blockchain platform that can evolve by upgrading itself. The project has been in the news quite a lot, as it was one of the first major ICOs to be launched in 2018 and hit the market after raising over $232 million from investors.
Why is Tezos so interesting? Well, this is a smart contract network that allows users to create customized tokens and decentralized applications (DAPPs). In addition, it offers support for formal verification of smart contracts through proof-of-stake consensus mechanisms such as Delegated Proof-of-Stake (DPOS).
Hyperledger Fabric is a blockchain framework implementation and one of the Hyperledger projects hosted by The Linux Foundation. Hyperledger Fabric allows components, such as consensus and membership services, to be pluggable. This means that developers can choose the best suited component for their use case.
The most common applications of Hyperledger fabric are:
- Supply chain traceability
- Identity verification
- Secure smart contracts
Hyperledger Sawtooth is a platform for building, deploying, and running distributed ledgers. It is an open-source enterprise-grade distributed ledger platform that is modular, flexible, and scalable.
Hyperledger Sawtooth provides a unique set of features and supports both permissioned and permissionless deployments. This includes support for public networks as well as private ones with only authorized members.
Stellar is a decentralized network that allows you to send and receive digital assets with low transaction costs. It is an open source network based on blockchain technology.
Stellar is one of many projects that have been developed based on the core principles of Bitcoin (peer-to-peer transactions without intermediaries), but it differs in some aspects:
- It uses Lumens (XLM) instead of bitcoins as a currency unit;
- The XLM can be used as an intermediary currency between fiat currencies or other cryptocurrencies;
- The XLM has its own decentralized exchange built into the Stellar blockchain that facilitates exchanges between any two assets on the Stellar platform at minimal cost;
- A set amount of lumens are generated each year through inflationary issuance—this means that new lumens are constantly being added into circulation over time
EOS is a blockchain platform for the development of decentralized applications (dApps). The EOS Software allows users to create, host and execute smart contracts on a decentralized network.
The EOS software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across many CPUe cores or clusters.
Corda is a distributed ledger platform designed for financial institutions. It’s built on the Java programming language and open source, so you can view it at any time. It was developed by the R3 consortium, which has been releasing updates since 2017.
Corda is a distributed ledger platform designed for the way business is done today. It was created in response to the limitations that blockchains have faced when trying to scale, particularly in terms of privacy, scalability and interoperability.
Klaytn is a blockchain platform that provides a high-performance, low-latency and secure environment for decentralized applications (dApps). It was developed by the ICON Foundation and its mainnet went live in June 2019.
Klaytn is said to be more scalable than Ethereum because it uses simplified smart contracts instead of Turing complete ones and also has an optimized consensus protocol with faster block intervals. This makes it possible for Klaytn users to create applications with higher transaction throughput and lower latency compared with other platforms such as Ethereum or EOS.
Tron is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with the blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data, and in the decentralized autonomous form, decides the distribution, subscription and push of contents.
It enables content creators by releasing, circulating and dealing with digital assets, thus forming a decentralized content entertainment ecosystem.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
Ethereum enables developers to build and deploy decentralized applications. Ethereum is how the Internet was supposed to work.
It’s a shared global infrastructure that anyone can use to complete transactions directly without any middlemen.