Most of the prominent blockchain developers in the world are working with major industries by integrating the blockchain technology. This helping to improve efficiency and security such as customers feel more confident and reliable of their accounts and transactions. Most of the corporations are using blockchain for their systems for different functions.
The 10 major corporations that are already integrating blockchain into the system are:
IBM
It has become the major innovator in the industry by using technology. Big blue has already built its hyper ledger fabric code to produce technology that can integrate faster and easier. Companies across the globe have partnered with IBM for increasing efficiency and also protect systems.
Amazon
World’s largest online department has been invested in this technology by using it with its system and providing the customers. Nestle is offering its coffee brand through the use of a chain of origin platform which was developed by Amazon.
BMN
BMW one of the luxury car manufacturers is using the technology to monitor the supply chain of their vehicles and parts by tracking these across the globe. They are also a member of the mobile open blockchain initiative which is a group of car manufacturers that works together to track the supply chain.
Facebook CEO Mark Zuckerberg in June 2019 announced his plans to create Libra which is a new cryptocurrency backed by us dollar and government bonds.His plan was not well received and it is expected that it will be available by 2020.
Google has confirmed that it is going to integrate with the BigQuery data analytics platform with chainlink, this will allow outside sources to be used in applications for the blockchain. Analyst says that this would help the transaction to be private.
Mastercard
Mastercard has filed for 116 blockchain-related patents and is also actively involved in providing several different projects. They had already partnered with Topco to help consumers the ability to search and also find where the food purchased in the grocery store originated.
Microsoft
They are already offering blockchain as a service on their Azure cloud computing platform. They have been working to create new products that can help companies transfer and also protect digital assets with the help of a specific standard set of criteria.
Baidu
This is another search engine giant that is actively pursuing innovations that are related to blockchain technology. Duxiaoman financial which is affiliated to Baidu has created its version of Cryptokitties in 2018 where people in china can trade digital puppies.
Tencent
They focused on creating blockchain technologies for big business. With the help of Gangjuren, they developed an application that aids small and medium-size traders for handling the finance process more efficiently and fastly.
JPMorgan
In February 2019 they developed new blockchain technology for settling bank transactions faster, the new blockchain platform was known as interbank information network which can greatly increase the speed of cross border payments between banks.
