Forbes recently released a new list that features 50 companies — with minimum revenues or valuations of $1 billion and U.S. operations — that are exploring or integrating blockchain technology into their operations. The new Forbes list will ultimately be comprised of 100 companies, but only the initial 50 have been released so far. Already, we have enough information to begin extrapolating findings from their research that present some very encouraging signs for the development of Ethereum and blockchain technology as a whole.

Companies Are Investing In Blockchain Technology

A report from International Data Corp stated that corporate and government spending on blockchain technology has increased by 89% compared to last year, and is set to hit $2.9 billion in 2019. By 2022, the firm reports that total blockchain spending will reach $12.4 billion. In a survey from Deloitte, 95% of respondents stated that their companies plan to invest in blockchain tech this year. Similarly, PwC conducted another survey of 600 executives in which 84% expressed that their companies are already involved with distributed ledger technology.

To read the full story, visit “Forbes Releases “Top 50 Billion-Dollar Companies Exploring Blockchain.”