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5 Coolest Blockchain Security Startups To Follow In 2019

The five coolest blockchain security startups in 2019 include companies dedicated to ending DDoS attacks, safely storing and exchanging identity data, and eliminating the need for businesses to store passwords.

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Blockchain Bonanza

The blockchain security market has enjoyed rapid growth due to the rising need for reduction in error handling and reconciliation, increased demand for improved contractual performance with smart cards, and greater automation with data integrity and security.

The market is seeing high demand for payment and transaction applications as the applications today are not only costly but also error-prone and vulnerable to fraudulent activities. However, integration concerns associated with applications and existing systems coupled with uncertain regulatory protocols hamper the growth of the blockchain security market.

The blockchain security market is expected to grow to $1.57 billion by 2023, according to Market Research Future, with North America expected to dominate the market thanks to a strong foundation in the finance and commerce sector that is witnessing rapid implementation of blockchain technology for financial transactions and data storage.

Read on to learn more about five blockchain security startups taking the industry by storm.

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