Bitcoin Forum

We see every day different news about blockchain adoption by big companies

Some of them are IBM, Cocacola (even when I am not a big fan of this crappy company, I have to mention it.) They are partnering with SAP.

The IBM/Maersk logistics platform Tradelens, with 10 million separate shipping-related transactions per week.

Ripple keeps making new Partnerships now with Major UAE Bank

Open-source blockchain Ardor/Nxt also is working hard to keep a top place in the enterprise adoption.

The Swiss branch of PwC took over Swiss blockchain firm ChainSecurity.

EY released its third-generation blockchain.

Microsoft Azure, AWS, Alibaba Cloud, Open-source blockchain Sovrin.

And the list is big...

No doubt that most businesses would employ the blockchain technology in their activities. The coding and inscriptions in some products I think can be encrypted also. The various companies want a modern way to keep their data and information safer. So yes , the technology would be more accepted soon as adoption keeps growing.

People say this every year - "this will be a big year for blockchain", "adoption is coming", but the actual stats show that majority of the companies don't want blockchain, and majority of the developers are very skeptical about it. These big companies that you mentioned can afford to blow some money on hyped things like blockchain because it may boost their stock or raise their publicity, so the fact that they talk about blockchain doesn't mean much to me.

I have watched this documentary from Vice News on their YouTube channel going the day with Vitalik Buterin with the appointments that he has. And Russia is also working towards the adoption of blockchain.

Based from that video, the company is from the banking sector (I don't know how big that bank is there) and he talked with seems to be a prominent person that has a connection with Putin.

Block chain program gives good benefits to our nation which is distributed a ledger technology and and more entrepreneurs are pushing it further and generally working together for financial services in the long run,and besides the increase of adaption will be grown because of their useful insurance and the mentor developer maintaining some good value and speed program and security.

Well,blockchain adoption doesn't always mean Bitcoin adoption.Most of the forum members and Bitcoin Core supporters want Bitcoin adoption.I don't care about blockchain adoption if it doesn't include Bitcoin.
Most of these news will remain just news.The actual implementation of blockchain technology will take years and the benefits of such implementation are yet to be discovered.And yeah,Coca Cola really sucks. ;D

One of the things that made Bitcoin a success is basically its use of the blockchain technology. And while Bitcoin is less or even not appreciated by other people, companies, and institutions, blockchain is. They're seeing the technology as efficient and convenient, which is why they're already using it, albeit tweaking it according to their particular preference. Hence, the centralized and private blockchains in contrast to Bitcoin's decentralized and public blockchain.

I agree that blockchain adoption does not equate to Bitcoin adoption, but I believe that by appreciating blockchain they are also somehow appreciating those that are built on it. If huge international companies, private and central banks, governments and the public sector are all using the blockchain technology and the result is pretty amazing, why not make use of a currency which is also built on it. I think the future is one which is built on blockchain. The time will come that currencies are blockchain-based. And is there any other currency built on blockchain better than Bitcoin?

It's true that blockchain adoption is growing at the enterprise level and it will continue to grow in the coming years as well. Even though cryptos are not getting benefited out of it, but as a backbone technology of cryptos, such kind of adoptions certainly give a confidence boost to the crypto community.


Some what true! But who knows, it may happen that if people understand the benefits of using blockchain, they may want to know more about cryptos! It is very much possible because bitcoin is the first successful use case of blockchain. Fingers croosed!

- I still bet on the next banking crisis for bitcoin adoption, and is libra still alive ? is it dead ? xD

- Some Companies already use Blockchain technology(under the hood) like Acronis for example, at least they say on their Website that they use Blockchain technology ( because everybody with a little Bitcoin/blockchain knowledge combines the word "Blockchain" = "save technology").


- For some open ledger solutions you do not really need a "valuable" or "tradeable" token on an exchange, then it does not include bitcoin... ?
so they dont like it because they can not buy or control it ? xD

- I just heard somewhere that our data we generate each day by hanging around in the internet and by our phones (contracts/payments/GPS data/personal/etc) is the new "Gold" of our century, so when blockchain worked out for "our" Money, then it should also work for the new digital gold, "our" Data. (I hope so)

I agree with you. All that we now see is crafts, tests and tests. Large companies are more likely to try to win in the popularity race due to the cryptocurrency trend.
Some of them have extremely small units associated with the blockchain, just in case.

Those thoughts been raised is always possible to happen, and competition will remain very sufficient enough to bring cryptocurrency to the top. For now it's just aiming the right direction, before that strong market momentum will he achieved. Let's always cherish every opportunity and don't ignore any chances that might provide us a good results.

There is no doubt about that because I have already seen a lot of influencers and big people in the industry that have said it that Blockchain is the next big thing and the technology of the future.

As time goes on they will continue to adopt it and it will spread out fully everywhere.The way I see it it’s not going to be a long time before the world switches to making use of cryptocurrency and Blockchain will be used for most things from voting, agriculture, transaction, record keeping and so on. Blockchain has lots of areas where it can be applied, although some of them seem they might be difficult, but we will get to know that when the time comes.

if we already have the thoughts as you have described, then I don't think we will waste the opportunity, because we understand and believe in the future of bitcoin. sometimes people just want to make a profit in a short time, so if their expectations are not as expected they are frustrated and spread bad news, even though they lack knowledge

Since 2016, when Buterin invented Ethereum, crypto and blockchain enthusiastics have been talking about implementing the disturb technology in business, banking industry and etc. Later, some experts shared their mixed feeling about blockchain. An optimistic opinion that blockchain needs more time for its adoption is still popular today.

blockchain technology has real advantages over traditional system. if this is optimized accordingly, companies will lessen their manpower (and that I think is bad news for the workforce), but the transactions will be more transparent and efficient. I don't think that blockchain or crypto is just a hyped subject but the advantages is real. The reason why many big companies want it in their system. It is not to ride the bandwagon but the benefits of their company that it will get from implementing blockchain tech within their operations.

The only one that is adopting to blockchain is big companies, such huge companies are ripe to use blockchain because everything revolves on data, and that's where they make their business decisions.

However, for mid tier companies, I'm not really sure if blockchain technology will be their priority. If their current system is still working, then why move to blockchain? doesn't make sense unless they wanted to join the hype around this technology.

There are already small business that are slowly adding the crypto in payment methods, maybe the big companies are just too big for our eyes to be seen. There are not that famous gasoline stations that is accepting crypto payment. But the gratitude of these businesses should be to the companies that initiate the adoption and successfully tested.

If they find blockchain helpful even if their current system is working then they might consider changing it. The data inside the blockchain is unalterable, for some business that deals with a lot of data transfer like cargo and shipping this might be a great system to have.

indeed this is logical if many large companies use the blockchain, the bigger the company, means the more number of transactions each day, and with the blockchain can speed up the transaction process. so that service to consumers can be maximized

It all starts gradually and the pressure from competition can really change the paradigm. Some factors can force even small business into the use of blockchain. For instance, customers demanding for such use, competition from other companies and need to grow with modern practice can lead an indifferent company to change there mind.

Well, bitcoin has been the pioneer of all the crypto coins we have right now so we cannot really blame them for always mentioning it when it comes to global adoption. In my observation, I don't think it would give us good results if ever bitcoin would be the only one to become adopted in the global monetary system. It would be way better if other potential coins like ETH would be legalized and regulated too so that we wouldn't depend on a single currency alone.

Maybe at some point it doesn't make sense whenever we say that "this year is for the blockchain" but still we should somehow see it as an optimistic approach of the investors. Even though huge business firms doesn't really want blockchain, still as time passes by and as crypto becomes more appreciated, we will surely see those business firms rushing forward on crypto as it gives better results for other business and for the economy.

What we need is not blockchain being used by these big companies but more like blockchain using these big companies. I understand that IBM or coca cola or whatever using blockchain could be great for adoption in the future and I respect that, however what we need is crypto related companies, startups, business' that will use blockchain to showcase its features and really increase its capabilities as well providing more back to crypto community instead of just taking it.

When amazon and steam started to accept crypto that was to provide more to crypto people, that is big companies and that is crypto news, we need more like that, coca cola using blockchain to help themselves is literally not helping crypto people at all, zero help to us, that is fine too but we need the other one.

With the countries legalizing bitcoins and at th same time banks allowing the buying and selling of Bitcoins am really sure that it will grow for years to come not just 2020.
The countries who banned the bitcoins have all agreed that it's an indispensable part of the economy now a days and you have to allow people otherwise they are just gonna use other methods
Even though there are people throwing shade at bitcoins and people like that will keep existing for the time immemorial one cannot just get influenced by that.

To be sincere I really wish that the world will be adopting Bitcoin and Blockchain at same rate, but it seems like the most attention if focused on Blockchain instead of Bitcoin. Nobody knows about Blockchain and it was never part of any topic if not for Bitcoin.

Bitcoin is what brought Blockchain to the lime light and made it popular. If not for Bitcoin I don’t think that anyone would really be talking about Blockchain by now, is due to Bitcoin that we came to know about Blockchain and also realized that there are lots of ways that it can be used. I hope that bitcoin gets as much push as well, just like the Blockchain is doing right now.