What Companies Are Using Blockchain Technology?

What Companies Are Using Blockchain Technology?

With blockchains popularity, many companies are now using blockchain technology. And why wouldn’t they? blockchain does bring a lot to the table. More so, you can use blockchain in different use cases such as Supply chain, Healthcare, Government, Insurance, Banking, Real estate, and many more.

Even though blockchain was only considered suitable for Banking sectors only, it started to disrupt other industries as well. Thus, now we have a lot of solutions that are in the pilot phase or already in use in the enterprise.

If you are wondering who is using blockchain, then look no further because we have a list of 50 companies that are using blockchain in many ways.

So, let’s see what these companies are!

BBVA is one of the companies with blockchain technology using it for the banking sector. Red Electrica Corporation and BBVA recently completed a syndicated loan using this wonderful technology. Apparently, MUFG, BNP Paribas, and BBVA granted the deal of €150m. More so, the loan reached in record speed from BBVA’s blockchain platform.

At present, the company is more than optimistic about using technology for future projects as well.

Banca Intesa Sanpaolo – an Italian banking conglomerate is using blockchain technology for validating trading data. Deloitte, Eternity Wall, and the bank started to test out the technology recently. More so, they are using the OpenTimestamps protocol that uses Bitcoin to power the system.

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