5 Blockchain Companies in Bengaluru to Know

Blockchain is a booming industry in Bengaluru, the city sometimes called The Silicon Valley of India.

Written by Margo Steines
Published on Oct. 17, 2024
Bengaluru architecture
Image: Shutterstock

India loves crypto, leading the global market in adoption for multiple years. Crypto is built upon blockchain technology, a digital method of decentralization. Bengaluru is full of established and startup blockchain companies, which work with decentralized public ledgers across a diverse range of applications, from cryptocurrency and NFTs to digital transactions. The Indian blockchain market is booming, with growth projected to soon exceed $6 billion. Here are the blockchain companies in Bengaluru to know. 

Blockchain Companies in Bengaluru

  • CoinSwitch
  • SigniTeq
  • Binocs.co
  • Spheron Network
  • NEW STREET TECH

 

Top Blockchain Companies in Bengaluru

CoinSwitch is a fintech company that deals in cryptocurrency. It offers a rupee-powered trading platform where users can buy, sell and exchange digital assets across multiple exchanges — using blockchain technology to provide security, anonymity and speed. The CoinSwitch app is one of India’s largest crypto app and provides exchange services for more than 80 digital currencies.

 

SigniTeq is a technology company offering blockchain-enabled services. It uses AI and machine learning to deliver full IT systems that run on blockchain. The company also works with established and legacy systems to upgrade them to blockchain-based options. In addition to strategic technology consulting, the company provides startup consulting and workforce solutions for tech teams.

 

Binocs.co is a cryptocurrency startup that developed a tax reporting and compliance platform for crypto investors. Its software provides tracking of tax obligations and crypto investment portfolios so that users can properly report their returns on investments, profits and losses and capital exchanges. Binocs.co’s simple interface can generate a report in under an hour.

 

Spheron Network is a decentralized platform for computing resources like cloud storage and hosting. On the Spheron Network, users can upload, store, host and manage their data through a peer-to-peer blockchain network. Spheron’s platform is used by individuals, organizations and data centers. It also allows users to earn money or credits in an internal GPU marketplace.

 

New Street Tech is a blockchain technology company that creates blockchain-enabled platforms that use AI, IoT and other emerging technologies. Its product, MiFiX, short for “multi-interface financial eXchange,” is a blockchain ecosystem for the financial services industry that can be used to connect financial institutions, banks and non-bank financial companies using the Hyperledger blockchain.

 

This content is for informational and educational purposes only. Built In strives to maintain accuracy in all its editorial coverage, but it is not intended to be a substitute for financial or legal advice.

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