Blockdata revealed a report on crypto and blockchain in 2021 a while in the past. The report, referred to as “Blockchain & Crypto in 2021 – A evaluation in knowledge“, revealed, amongst different issues, that are the high corporations on this planet utilizing blockchain and cryptocurrencies.
The report on corporations utilizing crypto and blockchain
The report begins with these phrases:
“What an unimaginable 12 months. We’ve loads of phrases to explain it, and in addition no phrases at instances”.
For instance, enterprise capital raised by crypto and blockchain corporations in 2021 jumped to over $21 billion, up from $3.6 billion the 12 months earlier than and $7.1 in 2018, with NYDIG alone elevating $1 billion.
Nevertheless, it is usually price mentioning that the primary investor was Coinbase Ventures.
As well as, 55 of the world’s high 100 banks by quantity of property below administration have invested in blockchain corporations, as have 36 of the world’s high 100 listed corporations.
These embrace Alphabet (previously Google), Microsoft, Samsung, Intel, PayPal, Goldman Sachs, Mastercard and Visa, to call however the most effective recognized.
New blockchain merchandise
Nevertheless, these corporations usually are not merely investing in blockchain corporations. As a substitute, they’re additionally constructing new merchandise with these new applied sciences. Usually although, these usually are not consumer-facing merchandise, however back-end applied sciences.
Probably the most broadly used of those applied sciences is Hyperledger, adopted by Ethereum. Quorum and Corda are additionally among the many most used, whereas the others are much less so.
81 of the world’s high 100 corporations by market capitalization use blockchain-based instruments not directly, and 65 of them are actively creating their very own options utilizing this know-how.
In whole, Blockdata has uncovered over 800 corporations which are constructing blockchain options, and lots of have organized themselves into 53 lively blockchain consortia.
The one firm that seems to be utilizing essentially the most crypto/blockchain applied sciences total is SAP, adopted intently by Alphabet, Microsoft and Accenture.
However these corporations additionally embrace Coca Cola, Alibaba, Shell, Tata, and lots of others.
Crypto and blockchain as a substitute
In response to Blockdata, the crypto sector is changing into so huge as a result of folks all over the world are beginning to really feel considerably compelled to search for options to conventional options. For instance, inflation charges within the US and Europe are actually one thing new in comparison with previous a long time. Briefly, new issues require new options.
Round 20% of the world’s inhabitants now stay in international locations with double-digit inflation charges, but cryptocurrency adoption in these international locations is commonly nonetheless in its infancy.
There are a complete of 300 million customers of crypto providers worldwide, and in accordance with Blockdata, persons are beginning to discover that another monetary system to conventional fiat currencies is offered.
