5 Blockchain Companies Helping The Metaverse Grow: Part 5

Part five this time around on Blockchain initiatives/companies powered by the Metaverse Insider. In case you missed out on the first part published earlier in the month, here is the link to it.

1. The Blockchain in Transport Alliance

Credit: The Blockchain in Transport Alliance

The Blockchain in Transport Alliance (BiTA) is a standards and advocacy organization to help educate, advocate and establish standards for blockchain applications in the transportation industry.

Based out of Chattanooga, Tennessee, BiTA was set up in 2017 and, since then, has quickly grown into the largest commercial blockchain alliance in the world, with nearly 500 members in over 25 countries that collectively generate over $1 trillion in revenue annually.

2. Blockchain Association

Credit: Blockchain Association

The Blockchain Association is the unified voice of the blockchain industry. With headquarters in Washington DC, blockchain Association Blockchain is playing a pivotal role in our shared digital future.

An association of industry leaders advocating for the innovation and collaboration that will unlock the tremendous potential in our community, Blockchain Association is a member-led, member-driven organization dedicated to improving the public policy environment for crypto networks.

Founded in 2018, the initiative is led by Executive Director, Kristin Smith.

3. MOBI: Mobility Open Blockchain Initiative

Credit: MOBI: Mobility Open Blockchain Initiative

MOBI — or the Mobility Open Blockchain Initiative — is a Los Angeles, California-based nonprofit alliance of many of the world’s largest vehicle manufacturers, along with many startups, NGOs, transit agencies, insurers, toll road providers, smart city leaders, and technology companies working to accelerate adoption and promote standards in blockchain, distributed ledgers, and related technologies, founded in 2018 by Chris Ballinger.

MOBI’s mission is to explore Blockchain and related technologies, promote standards, and accelerate adoption for the benefit of the industry, consumers, and communities.

MOBI was created to help the mobility industry apply secure, peer-to-peer Blockchain technologies to improve people’s lives by making mobility more efficient and affordable, reducing congestion and pollution, and improving safety.

MOBI’s goal is to create interoperability standards for a mobility blockchain and to support the development of an efficient digital, multi-sided mobility marketplace. MOBI seeks to address the needs of the emerging, connected, and on-demand multi-modal transportation ecosystems.

4. Blockchain Creative Labs

Credit: Blockchain Creative Labs

FOX Entertainment’s NFT studio, Blockchain Creative Labs empowers creators and brands to monetize content, grow and engage directly with fans through blockchain and NFT technology, shepherding them into the era of Web3.

A purely remote initiative, Blockchain Creative Labs was founded in 2021.

5. EDC Blockchain

Credit: EDC Blockchain

EDC Blockchain was launched in 2015 and describes itself as a global multi-currency platform with a built-in constructor of coins. All EDC holders are reportedly merged into master nodes (a type of fund in which users donate their coins), thereby allowing the node to mine EDC.

Based on a hybrid LPoS mining algorithm. EDC reportedly provides network security when implementing important functions, such as instant confirmation of transactions and network voting. The last EDC coin will be produced on January 1st, 2040. The EDC community reportedly exceeds one million users, while the cryptocurrency is used by people in 57 countries. EDC is actively focusing on the Southeast Asia, Latin American and European markets.

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