Forbes: Most Well-Known Giants are Using Blockchain!
Henry Chan Apr 17, 2019 16:00
Forbes: Most Well-Known Giants are Using Blockchain!
Forbes recently published its new list of “Blockchain 50”, outlining 50 companies who adopt blockchain technology into their operations. These companies have a minimum revenue or valuation of USD 1 bn.
This “Blockchain 50” list included well known traditional giants such as Amazon, Walmart and Facebook. Walmart filed over 50 blockchain-related patents and is using blockchain technology to track shipments of food from its suppliers and reduce the risks of food spoilage and contamination. A few crypto giants are also on the list, such as Coinbase, Ripple and Bitfury.
The list also included various blockchain protocol being adopted by the companies such as the Hyperledger protocol, Ethereum, and R3’s Corda protocol. Forbes highlighted an example of Depository Trust & Clearing Corp (DTCC) using blockchain technology to simplify the operation process for about 50,000 accounts in DTCC’s Trade Information Warehouse, which safeguards the information on $10 trillion worth of credit derivatives.
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