Meet The Nominees For The Europas' 'Best Cryptocurrency Startup'

This June in London, European tech firms will gather to honor the field's best and brightest new businesses at the

. The event recognizes tech startups from the region, as industry experts vote to elect a winner in categories like "Best Entertainment Startup," "Best Education Startup" and a new category added just this year, "Best Cryptocurrency Startup."

The Europas are an apt place to recognize startups specializing in digital currencies, as London has been named as one of the most accommodating cities in the world for cryptocurrency enthusiasts. For that reason, many believe that the future of cryptocurrencies will stem from London, and possibly one of the five nominees for the Europa award.

Bitfury Group

Bitfury is a bitcoin blockchain security and infrastructure provider with offices in both San Francisco and Amsterdam. The company's CEO Valery Vavilov

said

the company sees blockchain as a major advancement in the tech space and that Bitfury is committed to continuous innovation and "designing and implementing technology for the greater human good."

BitPay

Bitpay is a payment processing firm that has worked together with big name companies to integrate digital currencies into their online payment options. The firm has commanded a great deal of attention over the past year as big name investors like Founders Fund and Sir Richard Branson contributed to BitPay's more than $32 million worth of fundraising.

Blockchain

is an online platform that aims to bring cryptocurrency to the masses by creating a safe, easy to use space in which bitcoin transactions can be made. The company provides users with a secure wallet, which they can access from anywhere and offers an updated map of nearby retailers who are willing to accept bitcoin.

KnCMiner

Swiss-based KnCMiner produces miners for cryptocurrencies and has been a leader in developing ASIC chips for mining operations and blockchain-based applications. Not only does the company consider itself an innovator in the bitcoin mining space, but it has been able to power its operations by using sustainable energy sources.

Safello

Safello is a platform designed to get new users on-board with cryptocurrency transactions. The company's platform boasts a high level of security and gives new users a seamless experience by making transactions easy to manage and simple to understand.

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