Altcoin News: Forbes Has Published a List of Billionaire Companies Implementing Blockchains

April 17, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Forbes has published a list of companies introducing the blockchain technology while having a minimum income of $1 billion.

The list includes not only companies from the cryptocurrency industry and the blockchain, but also traditional financial organizations, such as banks, clearing and food companies, supply chain management firms and others.

Most of these companies are international giants such as Amazon, Walmart, Facebook, ING, Mastercard, Microsoft, and Nestle. Among the cryptocurrency firms are Coinbase Exchange, the mining company Bitfury, and the creator of the token XRP, Ripple.

In addition to the mention of large firms that are studying or implementing the blockchain, the list also includes companies that develop blockchain protocols — Hyperledger, R3, and Ethereum.

Forbes notes the potential of the blockchain to simplify various business processes using the example of the Depositary Trust and Clearing Corporation (DTCC), which, using this technology, records 90 million transactions per day and most of the world’s securities for $48 trillion.

Recall that in March, the Forbes publication reported that Jihan Wu became the youngest billionaire in the cryptocurrency industry — the fortune of a 33-year-old entrepreneur was estimated at $1.5 billion.

In addition, last year Forbes for the first time compiled a rating of cryptocurrency billionaires. Then the first line was taken by former CEO and co-founder of Ripple Chris Larsen.

Author: Marko Vidrih