Web3 will strengthen user data security, scalability, and privacy while limiting the influence of powerful technological corporations.
The most frequently discussed topics among investors and businesspeople lately have been Web3 and the cybersecurity industry.
The Web3 industry is growing in India, much like cybersecurity.VC firms like Coinbase Ventures, Jump Capital, and Andreessen Horowitz, as well as conventional organizations. But early Web3 investors like Lightspeed and Sequoia Capital India are actively supporting founders.
Top 5 Indian Web3 Companies To Look Out For In 2023
The proof-of-stake consensus algorithm used by Polygon has been modified to support unanimity for each block. While preserving the security, interoperability, and structural advantages of the Ethereum blockchain. However, the Polygon platform can increase the flexibility, scalability, and sovereignty of a blockchain project. The network’s management, securitization, and payment transaction fees are handled by MATIC.
A no-code NFT platform called GuardianLink enables entrepreneurs, professionals, and other creators. However, to design their own launchpads for NFTs. No one else can guarantee the legitimacy of NFTs, much like their high-end legitimacy protocol. The ability to publish, mint, preview, and manage their own no-code curated NFTs is available to high-end businesses and artists.
KrypC, a blockchain software company based in Bangalore, was started in 2016. The company has offices in the United States, the Netherlands, and India. IBM and Microsoft have partnered with KrypC to develop smart contract applications for blockchain technology. However, the technology platforms used by the company are Ethereum, Hyperledger, and Multichain.
Digital and technological solutions are offered by SoluLab. It is skilled in web development, mobile app development, blockchain, AI, and the Internet of Things. It is the top enterprise blockchain development company in the world. Since its establishment in 2014, the business has worked with over 50 illustrious clients. However, it finished over 90 high-end projects and achieved a success rate of over 95%. In a short amount of time, their clientele has expanded to more than 12 different countries.
Biconomy is a platform that enables blockchain developers to improve the transactional and onboarding capabilities of their Web3 projects. The plug-and-play strategy enables smooth and seamless Web 3 interactions. However, it is between DApps and end users by minimizing blockchain complications. To do this, we provide a multi-chain, non-custodial, gas-efficient relayer infrastructure network that supports massively scalable meta-transactions.
Source : coingape