Manchester has a developed technology and media industry, and, recently, that has included the launch of many cryptocurrency and blockchain companies. Blockchain investment in Manchester is estimated to be worth around £20 million currently, and this is expected to double to £40 million this year.
Blockchain Innovations
Blockchain is the technology that cryptocurrency is built on. Cryptocurrency has become popular as a means of payment on several websites, in the gaming sector, and also in iGaming. These digital assets can be used at casino platforms as a means of fast deposit and withdrawal for crypto poker online players. According to crypto gambling expert Ricky Davies, players can also enjoy faster, easier registration on casino sites that support crypto, while also benefiting from great bonuses and access to some of the latest games.
But, blockchain can offer more than just rapid, secure payments. The digital ledger technology is being used in increasingly innovative ways, including by companies in and around Manchester.
Arcae Inc.
Arcae Inc. is a spatial computing platform that enables developers to create virtual worlds and games while benefiting from blockchain technology. The platform has its own governance system as well as a digital economy and a user-friendly UX. The company was established in 2021.
CESS
Cloud storage is convenient. It can be accessed from anywhere and has proven especially useful for creating automated backups. CESS is a cloud-storage system built on blockchain, which means it offers decentralized storage. The platform can also be used to offer on-chain data sharing as well as for creating and managing decentralized apps. CESS, which launched in 2019, claims that its cloud platform product is scalable, utilizing systems around the world for its storage and deployment.
Custodiex Digital Vault
There are different ways to store cryptocurrency. Users can personally manage storage through cold and hot storage solutions, but custodial services are generally considered the most secure option. A custodial service retains the private keys for cryptocurrency holdings and ensures they remain safe. Custodiex was established in 2018 and offers real-time cold storage solutions for its clients.
Liminal Enterprises
As we rely more and more on global networks, data security becomes increasingly important. Generally, even large-scale data thefts are instigated through a single point of failure. Hecate, which is Liminal Enterprise’s blockchain-based P2P data security system, uses a defense in diversity approach to protect user data. The hacker needs to compromise multiple targets simultaneously and, as long as some of the data defenders remain uncompromised, the user’s data remains secure. Liminal Enterprises was founded in 2017.
M3tacard
M3tacard is a self-custodial crypto wallet with the lofty aim of revolutionizing web 3.0 payments. It has its own native token, M3TA, which is used to acquire the M3TACARD which, in turn, offers ATM withdrawals as well as saving and borrowing products. The company was founded in 2021 and the M3TACARD launched in early 2024. It has a solid roadmap for future development that could help make cryptocurrencies more accessible to everyday users.
Nextrope
Nextrope is a blockchain development company that specifically targets the FinTech sector. The company, which was formed in 2016, is headquartered in Poland but has offices in Manchester.
Paus
Paus is a video streaming network that is built on blockchain. It uses decentralized storage, which offers security and flexibility. It also utilizes other elements of blockchain, such as NFT content gating. This means that content producers can distribute content to paid NFT holders. Paus was founded in 2021 and has received more than £1 million in seed and angel investment.
Pimberly
Founded in 2015, Pimberly is a Product Information Management platform. Different sales and marketing channels have different requirements, especially with regard to image sizes and resolutions, as well as description lengths, and other factors. The Pimberly platform enables product managers and marketers to establish and maintain these details, making it a powerful marketing tool.
Pixelette Technologies
Pixelette Technologies is a blockchain development company that also specializes in AI and metaverse development. Its cutting-edge technologies enable businesses to tokenize their products and services, create immersive games, or develop advanced on-chain apps. The company was founded in 2018 and is headquartered in London but has offices in Manchester, serving the North.
SemiDot Infotech
SemiDot Infotech is another blockchain development company. Founded in 2010, it is an experienced organization that boasts clients like Colgate, Hershey’s, and Toni&Guy. The company specialises in the development of apps on Ethereum and Hyperledger and it aims to develop apps and software that offer value to its clients, in any industry.
Systango
Systango is a digital engineering company, founded in 2007 in the US, but with offices and a sizeable team in Manchester. The company works with clients on project ideation and consultation, design, and development. It can provide customized blockchain services that help meet client needs and it works in any industry. Systango is an award-winning global company that works with start-ups as well as existing enterprises.
Tech Alchemy
Tech Alchemy is another award-winning blockchain app development company. Founded in 2016, Tech Alchemy has its headquarters in London but a sizeable presence in Manchester. It aims to drive digital transformation for its business clients, using blockchain and has said that it is especially passionate about working with startups to help them develop and grow.
Tokenomia.pro
Blockchain-based token engineering firm Tokenomia.pro specialises in tokenomics. Tokenomics is the analysis of economic modeling behind cryptocurrency or crypto tokens. Tokenomics is predominantly seen in ICOs and new coin launches and is studied by potential investors looking for insight into how the crypto will be governed and how it will distribute its token. Tokenomia.pro can help design, audit, and model tokenomics protocols.
UFORIKA
The metaverse is a universe of interconnected, online worlds. Users can interact with objects within the metaverse, typically using technologies like virtual reality and augmented reality. Uforika claims it has created a truly accessible metaverse experience that has been developed using its own bespoke gaming engine and blockchain to deliver unique experiences to users. Uforika was founded in 2021 and is headquartered in Manchester.
UrbanChain
A peer-to-peer energy exchange system allows energy producers to sell their produced energy to end users who are willing to meet the price quoted. The decentralized system can lead to reduced prices because of the lack of centralized brokers and exchanges. UrbanChain, which was founded in 2017, is a P2P energy exchange that uses blockchain, AI, and IoT to potentially change the way we source and acquire energy.
Webisoft
Founded in 2017, Webisoft is a development company that specialises in blockchain development and the use of technologies including Python, Solidity, and CosmWasm. The company is especially skilled at producing supply chain management systems. The supply chain relies on accurate, timely, and rapidly updated information, which are areas where blockchain can be especially useful. Webisoft also offers NFT platform and other blockchain project development.
Yotta Laboratories
Formed in 2016, Yotta Laboratories is a blockchain app developer that wants to give users control over their own data and identity. They offer secure storage solutions and, through tokenization, a means of converting assets into blockchain tokens, providing security, scalability, and reliability.