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Blockchain startups in Bulgaria

  • The hottest blockchain startups in Bulgaria.

    The hottest blockchain startups in Bulgaria.

     

    Bulgaria and local dev community haven’t been too vocal about this, but it seems that the country has an important stake in the global blockchain ecosystem. With a growing community around the technology (not the fading crypto enthusiasm), the global acceleration program of platform Aeternity for blockchain startups and the investment company Belayer based in Sofia, a Balkan Blockchain Association seem to be well positioned on the map.

    Currently, there are around 30 companies in Bulgaria, both service and product-oriented ones, which leverage blockchain technology in an attempt to develop viable products that serve real business needs. “The majority of blockchain companies right now are part of the transition from a centralized to a decentralized economy. A lot of them are still using decentralized components to solve problems but still have a centralized point of strategic decision-making. The most interesting projects are the ones that change the whole paradigm and really manage to confirm the viability and sustainability of decentralized models of governance and operation. This will not happen overnight.”, Vladislav Dramaliev from aetertnity, told us.  Currently, there are around 30 companies in Bulgaria, both service and product, which leverage the blockchain tech in one way or another, in attempt to develop viable products that serve real business needs.

    Here’s the list of the scalable product projects that might have found a way to utilize the technology to solve problems, instead of finding the problem for the blockchain solution. We’ve mostly looked at products beyond the crypto bubble. You can find below what is each of them doing.