Cryptocurrency is the wild west of money, with few rules on where to invest or how to keep your assets safe. It can be difficult to understand the rules of this new economy, but you don’t have to go it alone. In Austin, these five companies aim to help businesses and consumers capitalize on the possibilities of cryptocurrency, keep your digital investments safe and hold the industry to higher standards of transparency and accountability.
It can be hard to understand Bitcoin’s many functions, let alone make the most of them, but Austin Bitcoin established itself for exactly that reason. The company helps brick-and-mortar and online businesses integrate bitcoin and other cryptocurrencies into their payment systems. They also provide tips on security and protection to ensure a safe transition into the 21st century of transactions.
Bit Rush works to make online payments easier and more secure. The company’s cryptographic payment system is based on blockchain technology, and it also offers a card for people to use when they don’t have a laptop or smartphone handy. This ensures that anyone — from the tech-savvy to the tech-interested — can reap the benefits of Bitcoin.
Factom believes that honesty in the field of blockchain will lead to a more profitable industry. As a result, the software company works to secure blockchain information and make the complex field more transparent. The company provides an open-source platform to keep companies honest, while also protecting private data to provide safer transactions.
Because cryptocurrency is constantly evolving and often volatile, it can be difficult to know where to invest. Multicoin Capital strives to solve this issue, providing investment services in the cryptocurrency arena. The company researches the market and secures the funds to ensure a diverse and balanced investment to allow its investors to reap the benefits of decentralized currency.
Omni Layer provides an open-source platform that facilitates blockchain and Bitcoin transactions. The company gives companies tools to create secure, digital currency and assets backed by Bitcoin that can be traded. It also offers businesses a wallet to secure the money, blockchain crowdfunding and an easy-to-integrate server.