Everledger founder and CEO Leanne Kemp is now using blockchain to track 900,000 karats of diamonds. But what is notably different this year are some mind-numbingly imaginative applications of cryptocurrency that make bitcoin look like child’s play and some new applications of blockchain that don’t involve cryptocurrency at all. Also new is blockchain startup Everledger, which is now tracking 900,000 carats worth of diamonds on its blockchain, and MakerDAO, which generated $10 million in interest from loans using cryptocurrency as collateral. Cryptocurrency exchange Gemini was also dropped from the list after declining to share information about how its core trading business is doing. In 2019, sold $500 million of XRP, using proceeds to expand and invest $50 million in Moneygram, which now uses XRP in 10% of its cross-border transactions to Mexico.

Source: Forbes February 12, 2020 14:15 UTC