Many people have heard about blockchain, the technology behind the famous cryptocurrency bitcoin. However, not many people know how it could be used in their lives or the industries that could potentially be disrupted by it. India has become one of the world’s most significant adopters of blockchain technology, with various companies implementing blockchain in their businesses and governmental bodies looking into how they can implement it to streamline their operations. Here are some of the top ten blockchain companies in India that you should know about, even if you’re not an expert on this new technology yet.
1. Nadcab Technology
If you’re looking for a company to help you with your blockchain needs, Nadcab Technology should be at the top of your list. They have been working with blockchain technology since 2017 and are now leaders in this space. They offer development and consulting services that will meet any need you may have. Their main areas of expertise include blockchain solutions, Smart Contract solutions, Hyperledger Fabric solutions, and security solutions. They can also provide anything from training programs to on-site developers if needed. With more than five years of experience developing enterprise applications, we can confidently say that they are an industry leader for blockchain companies in India.
2. Hyperlink InfoSystem
Based in Ahmedabad, Gujarat, Hyperlink InfoSystem is one of the leading blockchain companies in India that specializes in providing world-class solutions for a wide range of industries. With a highly skilled and experienced professional team, they offer a wide range of services that include blockchain development, smart contract development, dApp development, and more. In addition to their excellent services, they also have a solid commitment to customer satisfaction, which makes them one of the best blockchain companies to work with.
3. Tata Consultancy Services (TCS)
TCS is one of the top blockchain companies in India. They are a leading provider of consulting, technology, and outsourcing services. TCS has over 400 clients in over 30 countries. They have been working with blockchain since 2014 and are a member of the Hyperledger Project. TCS has been working on developing a blockchain platform for the Indian government. They have partnered with Intel to create an enterprise blockchain solution. In 2017, they announced their foray into Blockchain-as-a-Service (BaaS) solutions for global financial institutions.
4. Mahindra Finance
One of the top blockchain companies in India is Mahindra Finance. They offer a blockchain platform that helps streamline the entire lending process. From application to disbursement, the whole process is completed on the blockchain. This makes it easier for lenders and borrowers to track progress and ensure everything is going smoothly. Plus, with smart contracts, there is added security and transparency. The data shared through this blockchain can also be used for research and analytics.
A blockchain development company that offers end-to-end solutions for enterprises, startups, and entrepreneurs. They have a team of experienced blockchain developers who can help you create a secure, scalable, and decentralized application. SoluLab is one of the leading blockchain development companies in India and has helped many businesses launch their own ICOs. If you’re looking for a company to help you develop a blockchain application, SoluLab is a great option.
6. Blockchain App Factory
Based out of Chennai, Blockchain App Factory is a leading blockchain development company in India that specializes in providing end-to-end solutions for enterprises across a wide range of industries. They have a team of experienced blockchain developers who are well-versed in developing decentralized applications, smart contracts, and ICOs.
They also have teams in London, UK and Moscow, Russia.
Named one of the top blockchain development companies by Onalytica with its CEO Vishal Gupta listed as one of India’s Top 50 Influencers on Blockchain Technology by Forbes India.
7. Infosys Ltd.
Infosys is one of India’s largest IT services providers and has been working on blockchain technology since 2016. The company has a dedicated blockchain team that develops solutions for clients across various industries. Infosys has also partnered with Microsoft, R3, and Intel to build a consortium-based blockchain platform called EdgeVerve Systems.
8. ConsenSys Solutions Inc.
ConsenSys Solutions Inc. is a blockchain software development company based in New Delhi, India. They are one of the leading blockchain companies in the country and are focused on helping businesses build, test, and deploy decentralized applications on the Ethereum blockchain. ConsenSys Solutions Inc. has a team of experienced developers passionate about blockchain technology and its potential to change the world.
9. IBM Research Center, India
There’s been a lot of talk about blockchain over the past few years, and there’s a good reason for that. It’s a new form of ledger technology that can fundamentally transform how businesses function and make transactions more secure, transparent, and effective. IBM is leading the way in this innovation.
The IBM Research Center in India is working on various projects exploring different aspects of blockchain technology. They are partnering with Indian banks, insurance companies, and e-commerce sites to help build blockchain solutions that can scale up quickly. These clients include State Bank of India (SBI), ICICI Bank, Kotak Mahindra Bank, Axis Bank, Yes Bank, L&T Infotech Limited (LTIT), Tata Consultancy Services Limited (TCS), Idea Cellular Limited (IDEA), etc.
10. Matic Network
Matic Network is a layer-2 scaling solution that uses sidechains to offload transactions from the main Ethereum blockchain. Matic was founded in 2017 by Jayanti Kanani, Sandeep Nailwal, and Anurag Arjun in Bangalore. The company has raised $35 million from investors such as Coinbase Ventures, Andreessen Horowitz, Polychain Capital, and others.
Bringing the world to Ethereum. Polygon is a decentralized Ethereum scaling platform that allows developers to build scalable, user-friendly dApps with low transaction fees without ever sacrificing security. Matic can process 65k transactions per second, while Ethereum can only handle 20TPS. Polygon combines Ethereum and sovereign blockchains into a full-featured multi-chain system. Approximately 7000 DApps have used Polygon to scale their performance.
Blockchain technology is still in its early developmental stages. However, it can potentially change how we interact with the internet and digital systems. These ten companies are at the forefront of blockchain innovation in India and are worth keeping an eye on. The Indian government has been supportive of blockchain technology and its potential applications. The country is home to many innovative blockchain companies helping shape the industry’s future.