An example of this is sensors; it provides companies with end-to-end visibility of their supply chain by providing data on the status and condition of supply as they are delivered worldwide. For more information, see our Privacy Policy. Industry: Software, Virtual Reality, Social Media. Blockchain Definitions Using blockchain, Walmart employees can track some products back to their roots--literally. Consensus Algorithms And to harness the true potential of blockchain, they started the initiative Blockchain for Aviation (BC4A). The finance industry is where blockchain started, and no industry has adopted it more voraciously. Based on these three examples, it’s clear blockchain will be instrumental in smart cities. What it does: Defense giant Lockheed Martin is currently integrating blockchain into its developmental processes. How it's using blockchain: Filament creates software and microchip hardware that lets connected … Van Dorp is also using the tech for the IoT sector. Since 2012, Coinbase has seen over $150 billion exchanged by more than 20 million people. Industry: Healthcare, Artificial Intelligence, Software. Images via Shutterstock, social media and screenshots of company web pages. Here is an overview of seven companies trying to protect your food with blockchain: 1. Although there are many appealing characteristics of blockchain technology for lawyers, perhaps the best one of all is that it can secure information in an immutable and transparent ledger. Using IoT devices and blockchain, they plan to secure the power grinds and offer clean energy for education, research, and many more. Unilever is also on the companies using blockchain in supply chain list. This is especially pertinent as GDPR and privacy concerns make data security even more important to consumers. Using blockchain the transaction is free. Partnerships | Media Kit Industry: Digital Media, E-commerce, Social Media. The Food Trust Blockchain, which includes Nestlé SA, Dole Food Co… With this, they plan to make more sustainable energy systems. More so, they have been exploring the tech before for oil industries. The company uses AI to create the optimal flat-fee rate for an insurance-seeker, then it’s blockchain-based smart contracts help to lock a user into a payment agreement. The decentralized Chronicled ecosystem helps industries (like pharmaceutical, commodities and precious metals) track-and-trace every move their shipment takes. Lantmäteriet is Sweden’s land registry authority, and it is now working with banks and businesses for a blockchain pilot project. Read our previous blog to learn How to Implement Blockchain. You don’t need to look further because we have a list of 50 companies that are using blockchain in many ways. Chain partners with big financial companies like Citigroup, Visa, Capital One, Nasdaq, Orange, Fiserv, and RRE Ventures. So, the customers can sign up for the program and download their app from the play store. Walmart and nine other food companies have partnered with IBM to create a Blockchain for tracking food globally through its supply chain. Let’s move onto the next company in this what companies are using blockchain technology guide. AIA Group is also one of the large companies using blockchain for insurance purposes. We use cookies to ensure that we give you the best experience on our website, by continuing to browse the website you are agreeing to our use of cookies. Anyhow, they plan to continue using the platform in the future as well. And to do that, they are also using blockchain as well. However, it took them time to make the project live. Also Read: Use Cases and Applications of Blockchain for Healthcare. These companies help businesses easily verify the authenticity of their products by using blockchain solutions. Feb 13, 2020 . Leci Gou is the company’s new blockchain powered pet rearing game that is somehow similar to the CryptoKitties. Here’s a complete guide on the Types of Blockchain. Biogen and Pfizer led organization Clinical Supply Blockchain Working Group (CSBWG), just completed proof of concept for tracking records and managing the digital inventory of pharmaceutical products. Let’s check out who is using blockchain in the next part! Anyhow, they are using KrisPay to offer promotions for their loyal customers. Founded in 2014, Blockstream provides a range of software and hardware solutions to companies using blockchain-based networks. Ambassadors Program According to them, purchasing a property is very time consuming, and with blockchain, it can save resources and time both. What it does: Filecoin incentivizes individuals for using the company’s mining software on the unused cloud storage space of personal computers, hard drives and even data centers. The project undertaken by these companies is a technological challenge that will bring Spain to the fore in terms of blockchain and identity management, a basic … At present, they are partners with the International Business Machines Corp for developing a smart insurance platform. At present, they are still testing it out for industrial applications. Blockchain Training Delta Airlines is far behind in the race of blockchain. The fintech giant recently entered the blockchain realm by letting customers invest in everything from Bitcoin to Litecoin. Anyhow, Westfield’s live project will last eight-week, and they will determine if the technology works for them or not. A Techstars Boston 2017 cohort, Voatz makes election participation easier and more accessible by enabling voting via smartphone, while also thwarting election security risks by combining biometrics and blockchain for incorruptible, transparent election outcomes. 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Are many opportunities for you in the Enterprise technology helps gamers discovery examples of companies using blockchain safely purchase items...