Forbes Releases 3rd Annual Blockchain 50 List Of Companies Paving The Way Using Blockchain Technology

Forbes announced its third annual Blockchain 50 List, a compilation of the top 50 companies that are leading the pack employing distributed ledger technology.

·        The Blockchain 50 companies span a wide range of industries and are heavily investing in the technology to improve their businesses. The businesses on this list are outpacing their competition by using blockchain and bitcoin, which was up 300% in 2020 and getting increasingly more respect in the C-suite.

·        While 23 of the companies are based in the United States; six are based in China, including the world’s largest bank, the Industrial and Commercial Bank of China; two from South Korea; one from Australia; and one from South Africa, many of them making their debut on the list. All companies considered hold a minimum revenue or valuation of $1 billion or more.

·        The list represents enterprises embracing the technology underlying cryptocurrencies like bitcoin, and using it to speed up business processes, increase transparency and potentially save billions of dollars.

·        “The use of blockchain accelerated rapidly in 2020 due to the pandemic - so many companies were jolted into action and became bitcoin adopters,” said Michael del Castillo, Associate Editor, Forbes. “There have never been more businesses undertaking meaningful projects using this technology that qualify for our annual list. Interestingly, most companies on the 2021 Blockchain 50 are not actually bitcoin speculators, but instead are looking for innovative ways to employ the technology underlying the cryptocurrency.”

·        Meet the 11 Billionaires Cashing in on Bitcoin’s Wild Rise: As part of the crypto package, Forbes curated the Crypto Billionaires list. The team has calculated the fortunes of crypto’s wealthiest investors and entrepreneurs counting not just the value of their digital money but also their stakes in related businesses and traditional assets. The result: a record 11 billionaires.

Additional features in the Forbes 2021 Blockchain Package, include:

·        Blockchain in Healthcare – Pharma’s Blockchain trials: Novartis, Merck test the tech popularized by Bitcoin.

·        Blockchain in Energy – How Blockchain is Helping Big Oil Optimize for a Carbon-Friendly Future. Full story, here.

For the full 2021 #Blockchain50 package, please visit: Forbes Blockchain 50: Corporate America Cashes In On Bitcoin Mania

To stay updated on Forbes’ Blockchain coverage, sign up here for Forbes’ Blockchain newsletter, Crypto Confidential.

About Forbes

Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 140 million people worldwide through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 32 licensed local editions in 71 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements. For more information, visit the Forbes News Hub or Forbes Connect.