Forbes publishes list of companies related to blockchain of a minimum of one billion doll | eBitcoinics.com

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Forbes publishes list of companies related to blockchain of a minimum of one billion doll

coincrispy 17 Apr, 2019 news.eBitcoinics.com Views: 365

Forbes, a well-known American business magazine, has published a list in which it compiles 50 blockchain companies or that implement said technology valued at least US $ 1 million. The list, titled " Blockchain Billion Dollar Babies " was published on Tuesday, April 16 on the website.

The Forbes team turned to consultants and industry experts to identify more than 100 giant companies that actively integrate blockchain technology, either in their own projects or through consortiums, and chose 50 for their collection.

The list includes a wide variety of firms, related to both cryptocurrencies and their underlying technology. So we have exchanges, traditional financial institutions such as banks, food companies, supply chain management companies, and social networks, among others.

The publication not only gives the names of the companies, but also the blockchain protocols they are using. For example, giants such as Microsoft, Amazon, BBVA, IBM, and Intel use Hyperledger technology, just like Samsung, Siemens, Signature Bank, and Google use Ethereum's technology.

As many have guessed, among the companies involved in the cryptocurrency sector is the popular US exchange, Coinbase. He is accompanied by Bitfury, a European mining, and hardware firm, and of course, Ripple, the financial services company that uses the XRP blockchain.

The study carried out by Forbes affirmed that most of the global corporations have decided to adopt blockchain technology, even though the cryptocurrency market maintains its low profile. The reason behind this decision lies in their interest to accelerate business processes, increase the transparency of them and save billions of dollars that are spent with traditional procedures.

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