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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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NuID

NuID leverages zero knowledge cryptography and blockchain technology to eliminate the need for businesses to store passwords and other authentication credentials. The company wants to end wide-scale credential breaches by returning data ownership to the individual.

The firm’s unified protocol for strong authentication supports passwords, tokens, and biometrics, enabling businesses to reduce security risks and streamline user experience. As users become increasingly aware of how their data is handled, NuID believes zero knowledge and trust-minimized systems will grow in importance and demand.

The Seattle, Wash.-based company was founded in 2017 and employs six people, according to LinkedIn. The company has raised $4.5 million through two rounds of outside funding, according to CrunchBase.

 
 
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