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The 10 Coolest Blockchain Startups Of 2019 (So Far)

CRN takes a look at the 10 coolest blockchain startups of 2019 so far. These startups tackle everything from identity verification and storage to supply chains and IoT networks.

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CEO: Amir Haleem

Helium is building a peer-to-peer network for the Internet of Things by encouraging consumers to install gateways in exchange for cryptocurrency.

The San Francisco-based startup recently launched its "LongFi" wireless network that the company said has 200X the range of Wi-Fi at 1/1000th of the cost of a cellular modem. That coincided with the company raising a $15 million Series C round, bringing total funding to $51 million.

The company is supporting the buildout of its network with the sale of Helium Hotspots, which are $495 gateways that consumers can buy and connect to Wi-Fi in exchange for the possibility of receiving the company's cryptocurrency. Early customers include Nestle, Lime and InvisiLeash.

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