Blockchain Technology involvements in Top companies

[Sanjeewa101]

Nowadays Most of the top companies like to integrate blockchain technology into there infrastructure and doing researches with blockchain technology.
Some of the these,
Samsung: Samsung is hoping to integrate blockchain technology into their global supply chain.
Mastercard: The development of new efficient payment system with blockchain technology.

These are most recent involvement, In future blockchain will be boom and Cryptocurrency will be the currency of the world
Comment your ideas.

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[aleksej996]

These are just tricks by chief officers in the company to gain some points as innovative leaders or something.
It is just PR, they have no idea what they are doing or what they could gain from using decentralized technologies.
They usually just end up centralized their technology and retain some inefficient blockchain structure that makes no sense in a centralized system.

Mastercard can just use Bitcoin if they really want an efficient payment system with blockchain technology, but I think they just want to appear competitive while they are losing their business to the blockchain.

[Mister1k]

Nowadays Most of the top companies like to integrate blockchain technology into there infrastructure and doing researches with blockchain technology.
Some of the these,
Samsung: Samsung is hoping to integrate blockchain technology into their global supply chain.
Mastercard: The development of new efficient payment system with blockchain technology.

These are most recent involvement, In future blockchain will be boom and Cryptocurrency will be the currency of the world
Comment your ideas.

Samsung not only integrate the blockchain infrastructure for security management bro. They have announce that they gonna launch the new mining equipment for mining bitcoin and alts like ASIC hardware.
Ingrating blockchain security system will give more security to data and you will find the no more hacking attempt on the firewall you created for your  business.
Next to that acceptance of bitcoin as payment also done by some firms. Dell and Microsoft gave option to purchase their product with the bitcoin.

[margarita_free]

i agree, that Blockchain is really cool technology, for creating Loyality Program worldwide.
And, i hope, many company understand this.
But it could be like stock from other companies...
They will create their own cryptocurrency... Is that good?....

[aitrading]

Here you can check about Amazon http://darkcitycrypto.com/index.php/2018/04/19/amazon-filed-a-patent-to-de-anonymize-bitcoin-transactions-and-sell-the-data-to-law-enforcement/

[pragna]

Ya, thats a very good sign for everybody. Every renowned company that are thinking for future of their company are going to engaged in block chain because its more safe and secure in very sides. Future world is blockchain world and there is no doubt yet.

[teddy5145]

Samsung not only integrate the blockchain infrastructure for security management bro. They have announce that they gonna launch the new mining equipment for mining bitcoin and alts like ASIC hardware.
Ingrating blockchain security system will give more security to data and you will find the no more hacking attempt on the firewall you created for your  business.
Next to that acceptance of bitcoin as payment also done by some firms. Dell and Microsoft gave option to purchase their product with the bitcoin.

Competition is always good, Bitmain has monopolize mining rig for years now, hopefully with a decent competition from Samsung, they cna drive mining rig to be be more efficient and cheap.
With cheap mining rig I hope miners can divert their eyes from GPU cards
Damn thing has been expensive for months now.

Also, What's the correlation between Blockchain and "hacking attempt" on your firewall?
I fail to see any correlation between those two.

[ManaMan]

of course that you see big names within the space. Look for instance the list of companies working with hyperledger where you have CISO, IBM and others as well.

I do believe that these companies don't want to be left behind as they see the need and the potential of these new technologies that are emerging. This only tells us that we are on the right track, or at least that's how I see things.

[Sanjeewa101]

These are just tricks by chief officers in the company to gain some points as innovative leaders or something.
It is just PR, they have no idea what they are doing or what they could gain from using decentralized technologies.
They usually just end up centralized their technology and retain some inefficient blockchain structure that makes no sense in a centralized system.

Mastercard can just use Bitcoin if they really want an efficient payment system with blockchain technology, but I think they just want to appear competitive while they are losing their business to the blockchain.

Google, Huawei, Samsung, and Mastercard are some top tech companies, These companies using blockchain is good for future of blockchain technology and cryptocurrency market.

[Theb]

I think they are doing the same kind of security/technology (they are only improving it) even before the creation of Blockchain, the technology only became popular because of Bitcoin and ever since it is called Blockchain. This multi-billion dollar companies have their own variations on how they keep and connect their records and transactions, with the creation of Blockchain it only has modify or improve whatever they are doing right now. Of course after all they need this kind of technology not only because of security but also transparency to others which will be needed if they will have a problem legally.

[MintDice]

There are a lot of advantages to accepting cryptocurrency as a payment and other big companies like Expedia,
PayPal, Microsoft and Tesla are participating. This list will continue to grow as commerce moves more and more online.

[Yaunfitda]

Nowadays Most of the top companies like to integrate blockchain technology into there infrastructure and doing researches with blockchain technology.
Some of the these,
Samsung: Samsung is hoping to integrate blockchain technology into their global supply chain.
Mastercard: The development of new efficient payment system with blockchain technology.

These are most recent involvement, In future blockchain will be boom and Cryptocurrency will be the currency of the world
Comment your ideas.

Blockchain advantage for most companies.

• cost reduction
• data is readily available, can make decisions quicker
• could be look up as a innovation, thus might attract investors
• logistic headaches are potential minimized

So I speculate that there will be a lot of companies who will join in and hop the blockchain hype. So I wouldn't be surprised if in the next 5 years, more top companies are already into blockchain and implementing it.

[taharag]

Well, for the last days; We see projects for examples from Peru & Swiss that use Blockchain technology, of course this is huge especially after the ico when the public use the tokens and with their curiosity they won't be a lot of ignorant about this, this should be teached to spread the knowledge.

[btc02190110]

The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. So I Think Using this king of technology in Huge companies is a very good for their buisness. Not only for security,but also for the flexibility....

[r1s2g3]

I will re write my  old post.(unable to quote as topic is locked)


Many big compaines already started/investing/invested on the blockchain technology. Below link provide the list of major companies:
https://interestingengineering.com/these-20-companies-are-placing-big-bets-on-blockchain-technology

But this list is not all inclusive as there are many companies I know (from my friends) that are already implementing/implemented the Blockchain based solutions.
R3 Corda already created the the distributed ledger financial service (that goes way back to 2016) and they are partnered with more than 60 companies. (that is way back to Nov 2017).

So it already attracted the companies and investors and this will going to expand much further.


Blockchain is very secure and distributed and can be configured as per need.

[pooya87]

this is mainly hype (for the companies that try integrating blockchain technology).
they know that the blockchain technology is a revolution in technology and it is a very useful one too. on top of it, this technology is pretty hyped up. so using it can bring a lot of attention to their company, this can mean more revenue, higher share prices and a lot more. so everyone wants to get involved and do something with it.

it is not a bad thing nor a good one. they will create a centralized version of some platform that uses this technology. it can improve their company and help with a lot of things but it won't be public nor decentralized so we bitcoin users, don't care much about it.

[bitterdog]

with its distributed, secure, and free characteristics, blockchain becomes a technology that changes the way people transact. Blockchain able to eliminate the role of third parties who have been prone to harm. This is why many industries can apply the blockchain system to their industry. The industry is also very varied as health, supply chain management, oil and gas, government, and others.

[zolfa]

I agree with the topic you created, the future of blockchain will be received by the world. even Samsung has created S10 phones with ASIC chips, and the ASIC miner chip is superior to other bitcoin miner software.

blockchain technology gives us hope that blockchain can provide great benefits to us, especially to easy transactions.

[7Dyoknga5]

Blockchain technology is one of the best innovation invented in this era. Surely companies will have this attention in blockchain as it was booming in the market in the last few years. Knowing samsung, they'll try to have this technology to gain more market and dominate it.

Competition is good and healthy for the economy though as they would create more innovation that will increase their market and benefit the consumers.

[Al-e_x]

you have the same perception as me, but I think it takes a long process so blockchain can adjust to the conditions because I think that it is useless if a company involves blockchain but the world's population is not ready to accept blockchain. unless the blockchain does not become the primary transaction.