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Billion Dollar Firms Exploring Blockchain - What Companies Are Currently Using Blockchain?

Written By Ivan on Tech

Aug 05, 2020

Blockchain technology is many times hailed as a massively disruptive innovation across industries. As such, blockchain is often linked to the advent of the ”fourth industrial revolution”, or Industry 4.0. Nevertheless, the notion of blockchain technology being a cutting-edge technology means that some people assume it is a novel technology only being explored by blockchain startups.

In reality, however, nothing could be further from the truth. Despite what some mainstream news outlets would lead one to believe, well-known billion-dollar companies are already seriously exploring blockchain. How companies use blockchain technology differs depending on their respective industries, but one thing is clear - blockchain isn’t a gimmick.

As such, this article looks at how some companies use blockchain and how they differ in their implementations. Understanding what companies invest in blockchain technology and showing that large corporations are actively pursuing the...

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