ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Wednesday Dec 13th 2017
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

CB Insights’ ‘Fintech 250’ Includes Several Prominent Blockchain Companies

By

Jordan

Daniell

WriterETHNews.com

Fintech 250 is an index of the top industry performers involved in changing the financial services space. The list is compiled using a unique combination of machine learning and investor data submissions. Several included companies use blockchain as a core technology.

CB Insights is a market intelligence company that uses a mix of proprietary technology and direct data submissions to provide actionable business intelligence to its customers. The firm previously received backing from the National Science Foundation ($1.15 million) and venture capital investors ($10 million) to develop its exclusive software.

Founded in 2008, the New York-based information and analysis firm recently released “The Fintech 250,” a compilation of 250 influential companies that are leveraging new technologies to transform financial services. This new trend in finance, known as FinTech, is the result of the financial space being uniquely primed for a revolution predicated upon the digitization of our money.

To arrive at their findings, CB Insights uses a proprietary machine-learning technology called “The Cruncher,” alongside thousands of direct data from firms and individual professionals who submit their exclusive data via CB Insight’s “The Editor.” Terabytes of data from a plethora of sources are scrutinized to produce CB Insights’ results, which include blockchain-based businesses like: Blockstack Labs, Blockstream, Xapo, Coinbase, Brave, bitFlyer, Digital Asset Holdings, Factom, Polychain Capital, Chain, and Ripple Labs (which doesn’t use a blockchain, per se, but does use a distributed ledger).   

Regardless of how finance continues to evolve along its digital trajectory, parallel technologies like the blockchain will most likely continue to disrupt it along its way. Depending on how you look at blockchain, its chief conferral to finance is either the cryptocurrencies it supports, or the enhanced accounting capability it offers as a decentralized ledger. Both use cases are being explored by several companies listed in Fintech 250.

Arieh Levi, a CB Insights intelligence analyst in financial services told ETHNews:

“Major cryptocurrencies could fundamentally disrupt traditional financial systems and institutions, as evidenced by bitcoin’s whitepaper-outlined use case as a decentralized peer-to-peer currency. At the same time, private blockchains and consortia are focused on integrating blockchain technology into existing FinTech players to streamline back-office processes. We have seen private blockchains and consortia encounter difficulties, but continue to see strong corporate investment trends and an increasing number of pilots, indicating sustained corporate interest.”

Jordan Daniell

Jordan Daniell is a writer living in Los Angeles. He brings a decade of business intelligence experience, researching emerging technologies, to bear in reporting on blockchain and Ethereum developments. He is passionate about blockchain technologies and believes they will fundamentally shape the future. Jordan is a full-time staff writer for ETHNews.

ETHNews is commited to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest CB Insights, Fintech 250 or other Ethereum business and finance news.