Innovation despite challenges: how Ukrainian technologies are changing the world

Ukrainian companies continue to surprise the world with their innovations, introducing advanced technologies in various fields — from bionic prostheses, cryptocurrency processors to multimedia systems for the automotive industry. At the recent Web Summit 2024 in Lisbon, some of these solutions were presented, demonstrating how Ukrainian business, despite the war, creates products that set new global standards and trends, conveys UNN.

Asper Bionics: bionic prostheses of the futureSince 2017, Esper Bionics has been a leader in the field of assistive technology, developing prostheses that use sensors and artificial intelligence to read muscle signals, providing natural and intuitive movements unattainable by traditional solutions. Against the background of the war in Ukraine, the company helps the injured military and civilians by integrating its technologies into rehabilitation programs. As of 2024, Asper Bionics has helped more than 5,000 users in 15 countries, including Ukraine, and continues to improve technology, including a tactile feedback feature that allows you to feel textures and pressure.

Luxoft: Ukrainian technologies in the automotive industryThe Mercedes-Benz multimedia system, developed by the Ukrainian specialists of the Luxoft company, is an example of the introduction of advanced technologies into the automotive industry. Using artificial intelligence, the platform improves driving safety and efficiency, analyzes driver preferences, adjusts car parameters and predicts maintenance based on collected data. Part of DXC Technology, Luxoft works with more than 200 automotive companies, demonstrating how technology is changing traditional industries. According to the company’s forecasts, by 2030 the number of connected cars will reach 125 million, and the automotive software market will grow to 100 billion dollars.

VSYS: Open Source Cryptocurrency ProcessorsVSYS, a Ukrainian company founded in 2009, specializes in web hosting and infrastructure solutions. The VSYS team created SHKeeper, an open source non-custodial cryptoprocessor. A unique gateway for receiving cryptocurrency payments without intermediaries. In 2022, it was made available to the community on GitHub. SHKeeper runs on the user’s own servers. Supports various cryptocurrencies like BTC, ETH, LTC, DOGE, USDT, USDC, XMR, XRP, TRX, BNB, MATIC, AVAX, etc. It has an API for integration and is compatible with any other systems and CMS. In the fall of 2024, the team added the ability to use an external node for transactions of many cryptocurrencies. By deploying an external node, users can now manage SHKeeper using servers with reduced performance, optimizing resource usage. Also, the team is constantly working on new updates and improving the user experience.

Reface: Ukrainian innovations in the field of artificial intelligence and entertainmentReface is a Ukrainian startup founded in 2018 that gained worldwide recognition for its Reface app, which uses AI to allow users to change faces in videos and GIFs in real time, reaching over 200 million downloads in over 100 countries. Using deep learning and neural network technologies to create high-quality video effects, the company is expanding its products in the areas of personalized content, interactive entertainment and marketing. For example, in 2023, Reface launched a platform for brands to integrate their content into the app, opening new opportunities for digital marketing.

CodeUA: a platform for Ukrainian IT specialistsCodeUA is a platform that strengthens the technological sector of Ukraine, connecting more than 300 thousand IT specialists with global companies, providing opportunities for cooperation in the fields of artificial intelligence, blockchain and IoT, supporting startups with resources and consultations. In addition, CodeUA helps Ukrainian companies expand their presence on the international market. In 2023, more than 500 international contracts worth about $100 million were concluded through the platform. CodeUA also supports environmental technologies, promoting the sustainable development and integration of Ukrainian companies into the global technology community.

Ukrainian companies demonstrate that even in difficult conditions they are able to create innovations that change the world. Their achievements in bionics, blockchain and artificial intelligence highlight the country’s competitiveness. This proves that the future of the global technological sphere is impossible without Ukrainian contribution.