Forbes publishes list of billionaire companies using blockchain technology
The financial and economic magazine Forbes has prepared a list of companies using blockchain technology, whose capitalization or revenue exceeds $ 1 billion.
It includes both blockchain and cryptocurrency development firms and representatives of the world of traditional finance, including banks, clearing houses, representatives of the food industry, logistics companies, etc..
The latter category, for example, includes Amazon (Hyperledger Fabric, Ethereum), Walmart (Hyperledger Fabric), Facebook (status unknown), ING (Corda, Quorum, Hyperledger Fabric, Hyperledger Indy), Mastercard (its own platform built from scratch), Microsoft (Ethereum, Parity, Quorum, Corda, Hyperledger Fabric), Nestle (IBM Blockchain) and Google (a range of cryptocurrencies).
As follows from the above list, most of these companies are users of blockchain solutions initially aimed at corporate clients, be it various Hyperledger protocols, Corda from R3 or variations of Ethereum.
From the blockchain and cryptocurrency sector, the list included the American exchange Coinbase, the European mining firm Bitfury and the fintech company Ripple..
Forbes notes that blockchain can simplify various processes for business, and gives the example of the Depository Trust and Clearing Corporation (DTCC), which records 90 million transactions daily. The transfer of the system to the blockchain will allow it to avoid duplication of procedures and the need for data reconciliation, which are still characteristic of traditional electronic clearing networks..
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