Top 50 Companies Utilizing Enterprise Blockchain: Spot which Institutions & Businesses are part of Ripple's xCurrent Partner Network

Now, let’s dive into the number of established businesses, enterprises, and institutions that are either testing, integrating or adopting Blockchain technology. To further understand the magnitude of Enterprises seeking to adopt tech, thus I’ve accounted for recent total sales and revenue reported ~ These are some of the biggest Companies around the world that have decided to jump on-board the DLT Bandwagon, willing to help accelerate and bring Blockchain to the masses 1. Industrial and Commercial Bank of China Coming to the top of the list is the Industrial and Commercial bank of China, located in Beijing, China. From their last publications, the bank made sales amounting to $165 billion. The company is using DLT in the process of verifying its digital certificates. The Chairman of ICBC has in the past made statements that the Bank will continue to focus on Blockchain Technology Development over the years. 2. China Construction Bank Corporation Another Chinese bank located in Beijing, the heart of China. In their last financial year, the bank made the sale worth $143.2 billion and have now, announced that the Bank has led a Blockchain Trade Finance Network that has transacted more than $30 Billion, to date. Utilizing blockchain technology to domestic letters of credit, forfeiting and international factoring. 3. JPMorgan Chase & Co. The Investment Bank giant, JPMorgan Chase & Co, is figuring out the best possible use-cases for Blockchain. [JPM] based in the US. In its last financial report, the company made sales worth $118.8 billion. The company has forked Ethereum, to create their own tokens, dubbed ‘’Quorum’’ that is designed to provide greater privacy among Network Participants Project Involvement: Quorum, Ethereum 4. Berkshire Hathaway Inc. Berkshire is a United States company that managed to generate sales worth more than $235.16 billion in its last financial statement. One of Warren Buffett’s conglomerate, Richline Group Inc, is looking to use DLT to track the origin of jewelry. Berkshire and Richline Group are coming up with ways to improve on their supply-chain management, to ensure that the mining of precision goods is done ethically. 5. Agricultural Bank of China The Chinese Banking Giant is running several Blockchain test-pilots, but the bank has shown a keen interest in using tech for the issuance of land-backed loans. From the organization’s last sales record, the Bank has registered a total of $129.34 billion. The State-owned bank is using DLT to essentially issue out loans that are recorded on a distributed ledger & backed by a piece of agricultural land as collateral 6. Bank of America The second largest US Bank is leading the race when it comes to holding the highest number of Blockchain patents. Despite the number of patents, the bank remains a vocal skeptic of the technology, however, it appears it was the first company to file a Blockchain application, back in 2014. The Bank of America headquartered in the US reported total sales of $102.98 billion in its last financial statement and is considering using Ethereum smart contracts to automate the process of creating a standby letter of credit. 7. Wells Fargo & Company The US-Based Bank, Wells Fargo & company. The bank has carried out a Blockchain pilot back in 2016 with the Commonwealth Bank in Australia. Up to this date, the Bank continues to experiment with DLT and has also partnered with R3, whilst also applying for several blockchain-related patents 8. Apple Inc. A world re-owned computer giant that is based out of the US & has sales amounting to over $200 billion, each year. The company found that blockchain technology is effective in helping timestamp Apple’s data. Apple has also recently embraced Bitcoin, by introducing a ‘’฿’’ symbol to its Icon set and set to be gearing up for more Cryptocurrency apps, with firm likely to turn the iPhone into a Crypto Wallet in the coming years 9. Bank of China Ltd. In its latest financial statement, the bank recorded a total of $118.15 billion in sales. The organization operates from China and continues to partner with technology giants such as Tencent in testing Blockchain financial apps. The bank has announced that will launch a Blockchain-based platform with New World Development and the Hong Kong Applied Scienece and Technology Research Instiutte (ASTRI) that connects property buyers/sellers via a Marketplace 10. Ping AN Insurance Company Headquartered in China, the insurance company recorded a total of $18.63 billion in sales in its latest financial reports. The company is a formal member of the R3 Blockchain consortium and continues to work closely with other Chinese insurance giants to explore both public and private blockchain. 11. Royal Dutch Shell Plc. The Global oil giant retailer that is based outside the Netherlands, The company is backing Vakt Global Blockchain platform, alongside BP, with the goal bring greater efficiencies to energy commodities trading. Using Blockchain to replace paper-based documentation through the use of Smart contracts. This venture was aimed to determine whether all forms of energy transaction data can be recorded on a distributed ledger, thus benefiting from improved management of data and settlement 12. Toyota Motor Corp. The company has its headquarter offices in Japan and reported a total of $265.17 billion in its last financial updates. Toyota is a founder member in the blockchain mobility consortium. The giant continues to research on ways through which blockchain payments tech can help to enhance on self-driving cars. 13. Samsung Electronics Co. South Korean Tech Giants manages to report annual revenues of a total of $224.64 billion in 2018. In the past, Samsung has launched Nexledger, a blockchain solution catered to help Businesses integrate Blockchain into their infrastructure. Samsung has also backed Blocko, a private Blockchain company and invested in Aergo, a Hybrid Blockchain that lets. The IT subsidiary of the tech firm, Samsung SDS has also launched several solutions. The latest flagship device, Samsung Galaxy S10 featured an integrated hardware wallet that stores a variety of Cryptocurrencies Project: Aergo, Ethereum 14. BNP Paribas SA The BNP Paribas SA operates from France, and its latest total sales amount to $117.77 billion. The bank formed a partnership with the “Big Four” accounting firm, with the aim of blockchain technology in its treasury duties. The firm is investing in a Blockchain-powered trade platform, TradeIX, in a bid to use DLT in processing trade transactions in a more transparent, faster and more efficient 15. Microsoft Corporation US-based Microsoft Corporation, a tech giant that generates over 100billion annually, was among the first few companies to consider monetizing its own in-house blockchain services. Microsoft has launched several services but has been busy forging several partnerships to further study DLT. Continuing its evolving its blockchain services, by Azure, a fully managed Project: Aergo, Ethereum, Hyperledger 16. Allianz SE German-based and 3rd largest financial services firm globally by revenue ($140.3B) has begun embracing blockchain over the years. The firm pioneer's blockchain prototype for the captive insurance market. In an effort to test, whether DLT provides an efficient means of moving money. 17. Alphabet Inc. Located in the US, the company previously made sales summing up to $117.88 billion. Google is continuously working on several blockchain-based projects to better its services. Collaborating with ChainLink, Google plans to branch out by developing its own hybrid cloud-blockchain applications. 18. Walmart Walmart is an eCommerce giant based in the US, and its recent recording shows that the company made sales amounting to $500.34 billion. Its first blockchain project, was with the injunction with Hyperledger Fabric to track Meat product line via DLT, using it as a means to manage the supply chain. Today Walmart blockchain works linked to other supply chains. Project: Ethereum 19. Daimler AG The German Autmotive company headquartered in Germany has recently announced a total of $193.22 billion in sales. The company has been using Ethereum’s blockchain to offer bond-based loans. To date, the firm is working to establish the use of DLT, to properly transparent mapping and understanding of this transmission across its Suppy-chain Project: Ethereum 20. Banco Santander The Spain-based Bank reported annual revenue of $56.07 billion, has announced that the financial firm is interested in further studying Blockchain. Leaving R3’s Consortium, to pursue its path in exploring its own Blockchain technology. 21. AXA Group The AXA Group operates from France, and their last sales amounted to $149.9 billion. The company recently launched its Fizzy smart contract page using ethereum blockchain technology. The platform automates payments on flight insurance. 22. Comcast Corporation Located in the US, the telecommunication corporation made a total of $86.85 in its latest financial statement. The firm has a plan to make several series invesmtnt in blockchain startups. Comcast has also made an endowement in Blockchange Ventures, a fund that invests in blockchain-as-a-service providers with narrow focus Enterprise-ready solutions 23. Mitsubishi UFJ Financial Group Japan’s biggest bank has announced that it will be launching a Blockchain Payments Network. Back in 2017, the bank had also joined Ripple's partnered payment network 24. Anheuser-Busch InBev The company has its headquarters offices in Belgium, racking in a total of $56.36 billion in their latest report. Anheuser-Busch InBev looks to use blockchain platform with the intends of simplifying the management of freight logistics. 25. Royal Bank of Canada The Canadian bank that has last generate annual revenue of $40.49 billion, has announced that financial institution has registered a blockchain patent that will use the technology to automate its credit scores. The bank has the plan to use Blockchain to overhaul its loyalty program, that track loyatly points and digital identity in real-time 26. Pfizer One of the largest premier biopharmaceutical company based in the US has recently reported earning of $52.67 billion. Pfizer, alongside members such as Walmart, has decided to join forces in a bid to develop a Blockchain protocol that can be integrated to efficiently manage a cross-border supply chain. The idea behind the whole concept is to use a blockchain protocol to solve misalignment that occurs between charge-backs and contracting 27. Sberbank Russia The Russian State-owned Bank, Sberbank has netted a revenue of $46.33 billion and an adovcate for Blockchain Technology. The Bank has used smart contracts to settle a three-way repurchase agreement in 2018 and has launched a blockchain lab, to further test and experiment with DLT. Sberbank, NSD and MTS, closed a commercial bond that was issued on Russia’s central securities depository ledger 28. Nestle Originating from Switzerland, this food giant company has last earned a stotal of $91.23 billion in its last financial year. Nestle has teamed up with Carrefour to use DLT to manage its supply chain but also giving consumers access to Blockchain platform to track one of its product; Mousline puree. This is the first time the company has decided to share data on its products via a public blockchain. The Food giant is also a member of Hyperledger consortium and is working with IBM aiming to eliminate unnecessary intermediaries in their supply chain. Project: Hyperledger 29. Intel Corporation Intel computer giant company located in the US have last racked up a profit of $64.03 billion in their financial year. The company is part of the Hyperledger consortium, utilizing two of its tool; Sawtooth and Fabric. Intel has launched a commercial Blockchain package based on Hyperledger Fabric and since been an advocate for tech, making bold claims that blockchain will be ‘’bigger than the internet’’. Project: Hyperledger 30. Morgan Stanley Claiming that ‘’Crypto is now an Institutional Asset Class’’, Morgan Stanley is an outspoken supporter of Blockchain but remains, on the fence, with the intent of critically studying the technology. The US-based financial firm has generated a $45.99B in revenue and an active member of serval Blockchain consortiums. The investment bank giants Morgan Stanley, Goldman Sachs and six more participants have partnered up to launch CLSNet, a payment netting service. 31. Siemens AG Siemens is an industrial giant company located in Germany. In its latest updates on finance records, the company made total sales of $94.47 billion. The company invested in LO3, a blockchain-drive energy platform that wants to provide a marketplace for selling or buying solar power. 32. Amazon.com Inc Amazon is an ecommerce giant located in the US and was able to make sales of up to $193.19 in their last financial year. The company offers cloud integration to several blockchain and partners with Ethereum ConsenSys to develop new & improve existing services. AWS has begun providing businesses with a global infrastructure for building end-to-end Blockchains platform, combining the new tech with its cloud-based computing services. Project: Ethereum 33. ING Group The ING Group finds its roots in the Netherlands and its last financial year, the company sales summing up to $56.58. The company operates on an open-sourced software designs that aim to help protect its user’s identity. 34. Goldman Sach Group Inc. Operating from the US, the financial firm manges to generate a profit of $43.69 billion in its last financial year. The bank continues to publish reports surrounding blockchain insights and has made several million dollars investments in Blockchain starupts via funding rounds. Goldman Sachs did address rumors in the past surrounding the launch of a bitcoin trading desk, however to this day remains proactive at the forefront, by closely studying the technology 35. Intesa Sanpaolo S.P.A. An Italian bank that has last reported annual revenue of $42.52 billion and is using Blockchain to handle interbank processes to accelerate settlements. They use Bitcoin and Ethereum to timestamp records and for derivatives respectively. The bank has been running trials for years to test whether Blockchain can be used for record-keeping, using it as a tool to validate trading data. 36. Prudential Based in the UK, the insurance Giant, Prudential has made a staggering $111.48 billion in its last financial year. In the past, Prudential has Partnered up with StarHub, a Singaporean telecom firm, to launch blockchain-based platform designed to connect SMEs. 37. Ford Motor Company The US Automotive firm generated a total sale of $159.59 billion and is part of several blockchain initiatives. Ford has used IBM platforms to ensure the ethical sourcing of Cobalt, in an attempt to curtail abusive labor practices. 38. IBM The US computer Giant, IBM has last recorded $80.06 billion and said to be the leading Tech company at the fore-font of the industry, due to the number of patents and deploying live Blochchain-based applications. The company is the driving force behind Hyperledger, an umbrella project of open source blockchain designed to deploy enterprise blockchain Project: HyperLedger 39. Walt Disney Company Multinational US-based company Disney has last recorded a profit of $56.83 billion. The entertainment company developed Dragonchain, a blockchain-as-a-service solution designed to help Enterprises deploy private blockchain platforms Project: DragonChain 40. Prudential Financial A US insurance & investment management firm to register sales worth $61.13 in its last financial year. The organization is one of the key backers of the influential “Digital Currency Group,” a venture capital company investing in upcoming Startups & Cryptocurrencies. 41. Facebook, Inc. World’s most popular Social Media, Facebook has last generated a revenue of over worth $44.59B. Facebook has taken it once step further by planning to issue out a Global Cryptocurrency, dubbed Libra, with the goal of banking the unbanked. Facebook is intending to roll out a stable currency that is backed by a basket of assets, as each token will be backed by an equivalent basket of banks deposits and short-term government securities (from a variety of picked Fiat Currencies) 42. MetLife, Inc. MetLife is an insurance company that plans to disrupt the $2.7 Trillion Life Insurance Industry through Ethereum’s Platform. The company is in collaboration with IBM and Majesco, in a bid to create a new Blockchain-based insurance platform. MetLife latest partnership involves Two Singaporean firms that plan to develop a Blockchain to automate the life insurance claim process for deceased families Platform: Ethereum 43. Alibaba Group Holding Ltd. The Chinese Ecommerce Giant has released Alibaba Cloud BaaS (Blockchain as a Service) an enterprise-level platform service that offers a variety of architecture and infrastructure needed for businesses to deploy Blockchain-based Ledgers 44. AIA Group AIA has launched a new blockchain-enabled bancassurance solution in partnership with its bank partners — a first for the bancassurance channel. This platform is based on the Hyperledger Fabric, an open collaboration hosted and supported by the Linux Foundation. 45. Tencent Holding Ltd Tencent the Chinese Internet and gaming mega-company has been an active player in the Blockchain space The firm back in 2017 announced that QQ and WeChat are to release project “TrustSQL”. Using Blockchain for digital asset management, authentication and “shared economies”, amongst other services. 46. Oracle Corporation Generating more than $39B last year, Oracle Corporation has decided to roll out its own Blockchain-as-a-service solution, that is set to cater to companies interested in deploying an in-house Blockchain. Oracle Corporation has also joined HyperLedger Consortiums and has several dozen cloud blockchain applications that are now live Project: Hyperledger 47. BHP Billiton Limited Located in Australia, the company made an annual revenue of $41.23 in 2018 financial year. The world’s biggest mining company is utilizing the blockchain to track and trace key commodities, including conflict minerals and diamonds, 48. Mizuho Financial Group Japan’s Mizuho Financial Group has announced plans of introducing a digital currency to be used for remittances and payments. The Bank is building a Payment system designed especially for retail stores 49. Banco Bilbao Vizcaya Argentaria, S.A. A Spanish Bank with annual revenue of over $29 billion records its last financial statement. The company has closed € 75 million loans in 2018 through the use of ethereum in conjunction with Hyperledger Fabric. Project: Ethereum, Hyperledger 50. American Express Company American Express has filed numerous patents over the year and remains one of the most active banks to set its eyes on Distributed Blockchain-payments systems. The Bank has filed numerous blockchain-based proof-of-payment technology, marking the latest in a string of blockchain investments for American Express. The financial firm is a member of the Ripple X-board Enterprise-focused payment network that looks to enable cross-border corporate payments Project: Ripple