Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
These Women-Led Crypto Projects Are Driving the Blockchain Industry
Blockchain and digital money have become another front in the development of the financial industry. Historically, this sector has been a men’s playground. However, an emerging trend of successful businesswomen has entered the fray. Today, we look closer at the women-led crypto projects ushering in a new financial and blockchain technology era.
Lightning Labs
The prime supporter and CEO of Lightning Labs, Elizabeth Stark, is a teacher at Yale University and a business person. She saw a chance to develop blockchain and attempted to make Lighting Labs a reality.
Lightning Labs launched in 2016 in San Francisco, California. It is an innovative startup that fostered a level-two open convention layer. Its goal is to influence blockchain to make exchanges cheaper and quicker.
Additionally, it opens up Bitcoin exchanges to new business sectors that need minimal expense exchanges. Finally, the startup fostered the Lightning Network Daemon and executed the engineer-agreeable Lightning Network convention.
Lightning Labs could become crucial in crypto adoption now that Bitcoin is becoming legal tender in some states. The project can help fiat-to-crypto conversions take place faster and at smaller prices. Also, this would be the case when people trade crypto for real money.
Defy Trends
Defy Trends brings Artificial Intelligence (AI) examination to the digital money space. It offers financial backers a way to put resources into cryptos without heaps of exploration and analysis.
The developers seek to incorporate individuals looking to get away from the “obsolete, brought together monetary framework.”
The project has developed a straightforward User Interface (UI) that conveys ongoing information and progresses prescient devices.
Leading this team of developers is Imge Su Cetin, a brilliant information researcher. Also, the company’s CFO is Elena Garidis, who worked at JP Morgan Chase Global Private Bank.
Lastly, Defy Trends focuses on educating the public about blockchain technology’s many benefits and opportunities.
Colendi
Mihriban Ersin Tekmen is the COO at Colendi, an organization utilizing blockchain to improve the fintech space. Colendi was established in 2016 in Switzerland. It is a decentralized credit scoring platform using blockchain to support fintech firms worldwide.
Colendi empowers the improvement of monetary applications for unbanked people. Some of its services include microcredit, portion acquisition, and P2P financing. Also, the platform aims to support even more applications and frameworks. In the future, it could help numerous individuals worldwide access a monetary framework.
Mihriban is additionally the benefactor of Fintechtime, an autonomous news distribution platform. She considers it helpful to individuals who remain outside the traditional financial framework.
BitPesa
Elizabeth Rossiello is the Founder and CEO of BitPesa, payments, and foreign exchange platform. This project uses blockchain technology to support emerging markets and businesses.
BitPesa launched in 2013, and today, it is the leading organization opening African communities to Bitcoin. The startup fosters an advanced cash installment stage that acknowledges Bitcoin installments. Also, it supports BTC-fiat trades.
Rossiello has extended its impact from its underlying foundations in Nairobi, Kenya, Africa, and Europe. Also, she is part of the Investment Committee for Bamboo Capital. Lastly, she recently joined the Future Council of the World Economic Forum on Blockchain.
Final Thoughts
According to CoinMarketCap, women-led crypto projects have increased by 43% in the last year. This figure is a refreshing statistic in a market that has experienced men’s leadership historically.
As blockchain technology evolves and opens up more opportunities, we should see new crypto projects appear. Among them, we shall see plenty of women-led crypto projects with a good chance of destabilizing the status quo.
WMA: Bitcoin Drops Below $60,000 as the Market Takes a Dip
Is It Safe to Use Bitcoin Blockchain?
Written by
More author posts
Publish your own article
Guest post article. Guaranteed publishing with just a few clicks
START PUBLISHING ADVERTISE WITH US