Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Top Global Companies Turning to Blockchain Technology

Published 22/01/2018, 12:48
Updated 22/01/2018, 12:48
© Reuters.

© Reuters.

Investing.com - A growing number of the world's top companies are turning to blockchain technology to improve how business is conducted.
The latest example is IBM (NYSE:IBM) and A.P. Moller Maersk, who are forming a joint venture to create a global trading platform for the shipping business,
Maersk is already working with E&Y and Microsoft (NASDAQ:MSFT) on using blockchain for marine insurance.
DeBeers just announced it will launch a blockchain platform to track the movement of diamonds.
Six out of ten of the world's largest companies surveyed by Juniper Research said they are either deploying or considering the technology.
IBM has teamed up with Walmart (NYSE:WMT), Unilever (LON:ULVR), Nestle and others to use blockchain to improve food safety in the retail giant's supply chain.
Both Visa and MasterCard are experimenting with the technology as an alternative to swiping cards in making payments.
And Microsoft is working with Israel's Bank Hapoalim on a bank guarantee program.
Other companies are working directly with major cryptocurrency players such as Ripple and Ethereum to apply their blockchain technology. 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.