The World's Biggest Companies Looking into the Blockchain Technology
However much reactionaries resist social development and innovations, they cannot be taken back. Progress runs its course, and the #Blockchain technology is becoming an integral part of modern life. The world's biggest companies have embraced it and have been actively exploring the possibilities of using this technology for business purposes.
Which companies are these?
According to Forbes Global 2000, the three leaders of blockchain research are:
Industrial and Commercial Bank of China (ICBC) — the biggest bank in the country and in the world owning an impressive $4.2 trillion in assets.
The American holding company #Berkshire Hathaway owned by one of the world's wealthiest investors Warren Buffett. The company's equity capital exceeds $348 bln.
The computer giant #Apple which is a group corporation with an iconic reputation in the area of consumer electronics. It's the world's leader in terms of market capitalization which amounted to $850 bln in autumn last year.
The blockchain technology offers endless possibilities and could change and improve the entire range of human activities. It's completely true for the financial sector which is far from perfection at present.
The blockchain technology will streamline the financial system and make its operations fast and completely safe. It will eliminate all intermediaries and make financial relations transparent and fair for all.
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