There are now over 200 companies listed as “blockchain companies” Many of these are small startups, but some of them are much larger. And they all have something in common, they are all exploring ways to use blockchain technology. Visit bitprofit.software for a complete guide on crypto trading if you’re interested in bitcoin trading.
Some of these companies are developing new applications for blockchain technology, while others are trying to build better platforms on which other companies can develop their applications.
IBM
IBM International Business Machines Corporation is a multinational computer technology corporation. In June 2018, IBM launched an enterprise-focused blockchain platform called Hyperledger Fabric. Blockchain technology helps businesses enhance their supply chains, financial processes, and other operations.
IBM also offers clients solutions for building blockchains on the cloud. And in hybrid environments with open source tools such as Hyperledger Composer, CLI (command-line interface)
Microsoft
Microsoft has been working with blockchain technology since 2015. It has developed a range of products and services during that time based on emerging technology. Microsoft Azure is a cloud computing platform that hosts many blockchain projects, including IBM and Amazon Web Services (AWS).
The company also partnered with the World Food Programme (WFP) to develop a blockchain-based solution. The purpose is to track food supply chains to help end hunger worldwide. The system tracks transactions in real-time and allows users to see where their food comes from and when it was produced.
The WFP said it would use this new system for its cash and voucher program. This voucher provides cash transfers or vouchers in place of food aid during emergencies such as war or natural disasters.
Nvidia
Nvidia is a computer hardware and software company specializing in graphics processing units (GPUs). Nvidia has been the leading manufacturer of GPUs since the 2000s when it created its first consumer-grade GPU, the GeForce 3.
The company has since produced generations of high-end GPUs, including the GeForce 8800 GTX, which both Sony and Microsoft used to power their top-of-the-line gaming consoles.
Oracle
Oracle is a cloud computing company that offers databases, IoT, security, and business applications. Oracle’s cloud business grows fast as customers migrate to the cloud for improved agility and reduced costs. Oracle’s growth model includes acquiring companies that fit into its existing product portfolio and integrating them with its software suite.
For example, in 2016, Oracle purchased NetSuite for 9 billion dollars to enhance its ERP software capabilities. This was an important move for Oracle. It allows the company to offer its customers a more comprehensive end-to-end solution from finance through supply chain management.
Intel
The company’s dedicated team of engineers has developed an enterprise-grade platform called Sawtooth. You can use it to build, run and manage distributed ledger networks. Intel has invested in more than 100 companies focused on blockchain technology and plans to invest another $200 million over the next two years. In addition to these investments, Intel also provides resources for developers through its open-source software projects.
Accenture
Accenture is a global management consulting, technology services, and outsourcing company. Accenture provides strategy, consulting, digital, technology, and operations services to organizations in key industries. These industries include financial services, healthcare, technology, consumer products, energy, telecommunications, and travel.
Accenture began as the business and technology consultancy division of accounting firm Arthur Andersen. Andersen Consulting broke off from Arthur Andersen in 1999. In 2000 it was renamed Accenture.
Amazon Web Services (AWS)
Amazon Web Services (AWS) is a subsidiary of Amazon, providing cloud computing services to companies, government agencies, and other organizations. These include infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
AWS offers a set of remote computing services, also called web services, that make up a cloud-computing platform. It provides these through leases instead of sales or purchases typically offered by most cloud vendors. AWS’s structure has been described as a bit like eBay but with more services on offer” because it offers its content management system rather than a third-party provider.
Final Words
The biggest blockchain companies have been able to capitalize on the growing interest in cryptocurrencies. They have developed products that make it easy for people to use the technology. Also, they have a strong team of experts who can help them grow their businesses.
