Currently, the most renowned blockchain-based companies in Singapore are all cryptocurrency trading platforms such as Coinhako and Binance. This shows that the average public tends to associate the industry with volatile and speculative trading assets with no other use case in mind.
However, plenty of blockchain-based companies are actually flourishing in Singapore, outside of decentralised finance and financial applications.
To give you a better idea on blockchain use cases, here are three under-the-radar blockchain-based companies in Singapore that you should know about:
- Yojee – Logistics Software
- Electrify – A Retail Marketplace For Energy
- Bluzelle – Peer-To-Peer Data Storage Sharing