Recently, Forbes has released its Blockchain 50 list of some of the leading businesses in the industry.
The huge online e-commerce retailer Amazon is on the list for its suite of blockchain tools built to help developers quickly boot up distributed ledger technology. The Brewing company Anheauser-Busch InBev based in Belgium got onto the list thanks to their blockchain pilot designed to work with a vending machine that can verify whether people are old enough to drink or not.
The Fintech powerhouse, Ant Financial operates as a blockchain designed to track products on Alibaba which made the list. The popular payment protocol Ripple made the list for boarding a long list of clients who move money across its suite of cross-border payment solutions.
Foxconn is also featured in the top 50. Its Shanghai-based startup chained Finance streamlines the supply chain process by allowing Foxconn suppliers and its suppliers to make blockchain-based payments, providing real-time financing in several blockchains and cryptocurrency-related firms like Galaxy Digital and Abra.
A lot of companies across the industry sphere, so to speak, are looking at blockchain tech to held uphold the quality of their products as they move along the supply chain. Last year, Walmart adopted blockchain to prevent food-borne illnesses, this helped them get into the top 50.
Orbes is a hybrid blockchain platform which is building new infrastructure to make blockchain scalability possible for big enterprise, the automobile industry will increasingly integrate the technology as cars support more computing power.
“The shift toward self-driving cars means data accuracy and data security are more important on the road than at any time in human history. Securing that information and making sure fleets or individual vehicles run smoothly will be critical. Even if not battling malicious actors, blockchain can protect and certify information from unintended alterations. It is only a matter of time before blockchain completely encapsulates the automotive world.”
Meanwhile though, the French supermarket Carrefour is also increasing its use of distributed ledger technology by tracking more products across the supply chains.
Speaking on the matter, the blockchain program director at Carrefour, Emmanuel Delerm has said:
“The amount of products we track with blockchain will likely increase as the technology continues to make progress.”