Report: 72% of Fortune 100 companies research blockchain

06/17/2020

Alex Kondratyuk

72% of the largest AmericanFortune 100 companies are exploring blockchain opportunities. Many are already launching services based on distributed registry technology, reports The Block.

Fortune 100 is a list of one of the 100 largest revenues of public and private companies in the US and the world. The diagram below shows the composition of the list by sector:

Fortune business magazine is dominated by financial institutions, as well as healthcare and energy companies.

“Cryptomania 2017 inspired some of the largest US companies to experiment with blockchain systems,” said The Block analyst Stephen Zheng.

Of 72 firms, approximately 42% are still superficially researching new technology and have not yet launched a pilot project or product.

58% of Fortune firms have launched a product or pilot project that uses distributed ledger technology.

Among the corporate sector, the most popular solutions from the Hyperledger consortium, in particular Fabric technology. The latter is actively used by giants such as IBM and Walmart.

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Ethereum and Corda platforms from the R3 blockchain consortium are also popular.

Recall, recently, the investment company Vanguard completed the first phase of testing securities settlements on the blockchain.