but strong with an impressive list of backing investors. The QTUM Foundation is based in Singapore.

STEEM

Steem is disrupting the world of social media using blockchain technology. What is the connection between social media platforms and blockchain applications? Most existing social media platforms do not reward users for providing high quality content to their audience (ie Instagram, Facebook, etc.). Youtube gives content creators a small percentage of advertising revenues, but the governance and centrality makes it much more favorable for the company.

Steem has turned this idea into a platform where users are incentivized to create content with the anticipation and participation of distributed value. Actions such as liking, sharing, upvoting etc. will earn the user micro-rewards, depending on significance or scale.
Furthermore, Steem is completely decentralized meaning there is no governing body that censors or stores users information, that typically would use the data to sell to advertisers. Founded by Ned Scott and Dan Larimer who has worked on a few other successful blockchain projects such as Bitshares and EOS.

Ontology

Ontology aims to develop its trust ecosystem through partnerships to provide distributed services including distributed communities, data verification, data exchange, and credit across industries. It is a network of blockchains, rather than one single blockchain project, acting as a cloud storage network designed to help migrate proprietary enterprise platforms onto a distributed ledger model without compromising them. The developers hope Ontology will be the go-to source for verifying the accuracy and authenticity of things like identity or ownership. Ontology’s platform makes it easy to use, eliminating the learning curve for business of all sizes to install blockchain technology within their company without having to completely change all of their systems. Offering mass customization, applicable uses for Ontology include industries in Finance, Internet of things, payments, consumer, insurance, media, software development, asset titles, medical and government. Users can collect and manage their own identity data from various sources including publi