Berlin is a major startup hub due to state support, innovation and an affordable living cost meaning thousands of expats are more than happy to move there and, as a result Berlin based companies are strong in many sectors and blockchain is not going to be left out so let’s take a look at some of the hot german companies in this fast moving category.
Bitwala want to empower people to exchange value like they exchange ideas. Globally, instantly and at the lowest possible cost.
Bitwala started off as three friends and a dog with a simple idea for paying for everyday items with bitcoin. Back then, Bitcoin had enormous potential and nobody was using it and was bootstrapped and launches an MVP at the start of 2015 with the first product being a bank transfer for cryptocurrencies with a prepaid debit card.
Bitwala then raises its first funding round of €800,000 from HTGF, DCG and an angel investor. Fast-forward to the opening of a bright office-space in Kreuzberg, the hiring of several employees, and a product that processes 75 million euro in transfers but disaster strikes and. Wavecrest, Bitwala’s partner bank shuts down and forces Bitwala to cease operations. This kind of setback doesn’t phase the team but it’s back to the drawing board.
Then in 2018 Bitwala makes the comeback of the century! A new idea spawns from the ashes – the blockchain economy is going to need a bank. With an additional €4 mil. investment secured from renowned investors EarlyBird and coparion, Bitwala proudly launch the world’s first cryptocurrency bank account and as a growing team of 43, the Bitwala team are hard at work launching more features, currencies and partnerships to the roadmap, as well as continuing the mission of fully integrating cryptocurrencies with the financial world.
Energy Web is a global nonprofit organization accelerating a low-carbon, customer-centric electricity system by unleashing the potential of blockchain and other decentralized technologies.
EW focuses on building core infrastructure and shared technology, speeding adoption of commercial solutions, and fostering a community of practice.
In 2019 EW launched the Energy Web Chain, the world’s first open-source, enterprise blockchain platform tailored to the energy sector. EW’s technology roadmap has since grown to include the Energy Web Decentralized Operating System (EW-DOS), a “blockchain-plus” suite of decentralized solutions. EW also grew the world’s largest energy blockchain ecosystem comprising utilities, grid operators, renewable energy developers, corporate energy buyers, and others.
OST technology enables developers to seamlessly embed Ethereum wallets into mainstream applications to benefit from zero-fee micro-transactions. Learn how apps like Pepo use Ost to deliver a blazing fast and gorgeous user experience.