Here’s Forbes’ List of Billion Dollar Companies Using Blockchain


Forbes has officially released its first list of billion-dollar companies using blockchain technology and the results reveal some interesting trends.

Dubbed the “Forbes Blockchain 50,” the list includes some of the largest companies currently leveraging blockchain technology, in addition to a number of companies that may have flown under the radar for anyone but crypto-enthusiasts.

“With assistance from industry consultants and other experts,¬†Forbes‘ team of reporters and editors identified more than 100 big companies actively exploring blockchain through industry consortiums and other proprietary projects,” reads the article. “Our new list features 50‚ÄĒwith minimum revenues or valuations of $1 billion, and U.S. operations‚ÄĒthat are currently leading the way in adapting decentralized ledgers to their operating needs.”

Here is the full list of companies in the Forbes Blockchain 50, including the blockchain platform(s) they currently use or are planning to leverage:

  • Allianz: Hyperledger Fabric, Corda
  • Amazon (AMZN): Hyperledger Fabric, Ethereum (later in 2019)
  • Anheuser-Busch (BUD): Ethereum, Corda
  • Ant Financial: Ant Blockchain
  • BBVA: Hyperledger Fabric, Corda, public Ethereum
  • Bitfury: Exonum, Bitcoin
  • BNP Paribas: Corda, Hyperledger Fabric, Ethereum
  • BP PLC: Ethereum, Cardano, Quorum
  • Broadridge (BR): Hyperledger Fabric, DAML, Quorum
  • Bumble Bee Foods: Multichain
  • Cargill: Hyperledger Sawtooth, Hyperledger Grid
  • Ciox Health: Ethereum
  • Citigroup (C): Ethereum
  • Coinbase: Bitcoin, Ethereum, XRP, Lumen
  • Comcast (CMCSA): Bitcoin, Ethereum, Hyperledger Fabric, Quorum
  • CVS Health (CVS): IBM Blockchain, Hyperledger Indy, Hyperledger Sawtooth
  • DTCC: AxCore
  • Facebook (FB): Unknown
  • Fidelity: Bitcoin, Ethereum
  • Foxconn: Ethereum
  • Golden State Foods: IBM Blockchain
  • Google (GOOGL): Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, Zcash, Dogecoin, Dash
  • HPE (HPE): Corda, Ethereum, Quorum, Sia, Hyperledger Fabric
    HTC: Bitcoin, Ethereum
  • IBM (IBM): IBM Blockchain, Stellar, Hyperledger Burrow, Sovrin
  • ING: Quorum, Hyperledger Fabric, Hyperledger Indy
    Intel (INTC): Ethereum, Hyperledger Fabric, Hyperledger Sawtooth
  • JPMorgan (JPM): Quorum
  • Maersk: IBM Blockchain, Corda
  • Mastercard (MA): Its own platform, built from scratch.
  • Metlife (MET): InsureChain built on Ethereum
  • Microsoft (MSFT): Ethereum, Parity, Quorum, Corda, Hyperledger Fabric
  • Nasdaq (NDAQ): Symbiont, Corda, Hyperledger Fabric
  • Nestle: IBM Blockchain
  • Northern Trust (NTRS): Hyperledger Fabric, Ethereum (later in 2019)
  • Oracle (ORCL): Oracle Blockchain Platform
  • Overstock (OSTK): Bitcoin, Ethereum, RVN, Florin
  • PNC (PNC): Hyperledger Fabric, DAML, Corda, Ripple
  • Ripple: XRP Ledger
  • Samsung: Nexledger, Ethereum
  • Santander: RippleNet, Hyperledger Fabric
  • SAP (SAP): Hyperledger Fabric, MultiChain, Quorum
  • Seagate Technology (STX): Hyperledger Fabric
  • Siemens: Ethereum, Hyperledger Fabric, Corda
  • Signature Bank (SBNY): A private, Ethereum-based blockchain
  • State Farm: Hyperledger Fabric, Corda, Quorum
  • UBS (UBS): Hyperledger Fabric, Ethereum, Quorum, Corda
  • Visa (V): Hyperledger Fabric
  • VMware (VMW): Project Concord, a new blockchain, which supports multiple frameworks such as Ethereum
  • Walmart (WMT): Hyperledger Fabric

Interestingly, 24 of the companies on the list are using Hyperledger in some capacity, with Ethereum coming in second.

More: Blockchain’s Billion Dollar Babies
Interesting: Hyperledger: The Fabric of the Forbes 50 Blockchain Community

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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