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Blockchain expertise is now so large that firms can now not ignore it and a few have already began taking the lead in integrating the expertise into their companies. The high firms around the globe are at present betting large in the marketplace, and in response to a brand new report, a superb chunk of the highest 100 nations worldwide are already utilizing blockchain expertise.

Top Companies Using Blockchain Technology

The high 100 nations worldwide have trillions of {dollars} in market cap amongst them. They vary from tech conglomerates to social media giants. But one factor these firms have in frequent is their capacity to embrace new expertise to additional their companies.

A brand new report from Blockdata has revealed that numerous these high firms have been throwing their hats within the ring with blockchain expertise. A complete of 44 of the highest 100 firms which span throughout six main sectors have already begun integrating crypto and blockchain expertise in some components of their operations.

Naturally, the tech firms have been on the forefront of this integration however the media and telecom firms haven’t been behind both. The three sectors made up 36% of the highest firms that had been utilizing blockchain.

Tech, media, and telecom lead blockchain expertise adoption | Source: Blockdata

Consumer & retail and the essential supplies & industrials sector adopted intently behind with 20% respectively. Next in line was the financials which had been seeing an uptick in utilization at 11%. Energy & utilities accounted for 9% whereas healthcare got here in at a low 2%.

Companies corresponding to Meta, Mastercard, Visa, and many others, have been distinguished within the house for numerous integrations. Meta had launched a characteristic that allowed customers on its Facebook and Instagram platforms to submit NFTs. It can also be designing an open-ended metaverse.

Total market cap hits $851 billion | Source: Crypto Total Market Cap on TradingView.com

Crypto funds have turn out to be much more widespread as Mastercard and Visa have introduced numerous partnerships to assist customers pay with their crypto. For instance, Crypto.com customers can spend their crypto balances on the change utilizing their Visa playing cards.

Although blockchain expertise appears to be probably the most distinguished amongst funds firms, they’ve additionally proven good use instances in provide chain administration, id verification, and a number of others. So regardless of quite a few governments around the globe attempting to control the house, it has not discouraged firms from integrating it.

As per the report, 86 of the highest 100 firms are actively wanting into integrating blockchain-related options for his or her wants, whereas 44 have already been utilizing blockchain expertise since 2021.

Featured picture from Fintech News Singapore, chart from TradingView.com

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