Business and financial magazines, Forbes, has released a list of companies that apply the Blockchain Technology which has a minimum income of $ 1 billion USD.
This list includes cryptocurrency and blockchain development companies, in addition to traditional companies such as Killing and Banks and others.
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Cryptocurrency-related companies featured on the list include Coinbase and Bitfury hardware, and financial networks with Blockchain and XRP Ripple token makers.
This list also includes the Blockchain protocol that can be adopted by anyone. The HyperLedger protocol, the Corda R3 Protocol Consortium, and the Ethereum network are also displayed.
Forbes also noted the Blockchain potential to simplify various business processes per example, such as Depository Trust & Clearing Corp. (DTCC), which holds 90 million transaction records.
As per Forbes, the company will transfer 50,000 of its recognition to a blockchain based system, this is done to help eliminate duplicate procedures and reconciliation that are prone to occur in traditional electronic Kriling networks.
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Source: cointelegaph
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