Controlling The Ledger: Eager To Avoid Obsolescence, The World's Largest Financial Firms Are Embracing Blockchain
According to International Data Corp, total corporate and government spending on blockchain should hit $2.9 billion in 2019, an increase of 89% over the previous year, and reach $12.4 billion by 2022. When PwC surveyed 600 execs last year, 84% said their companies are involved with blockchain.Forbes ' team of reporters and editors identified more than 100 big companies actively exploring blockchain through industry consortiums and other proprietary projects. Our new list features 50—with minimum revenues or valuations of $1 billion, and U.S. operations— that are currently leading the way in adapting decentralized ledgers to their operating needs.
From eliminating paperwork, to monitoring hamburger patties and speeding up insurance payments, the anti-establishment software is being welcomed in the executive suite.Ironically, the version of a blockchain future these companies are building is, for the most part, far different from what the founders and early adopters of blockchain had envisioned.
The list below identifies the distributed-ledger platform each company is using. For more details on the specific blockchain projects underway, please click on the name of the company.EDITED BY MATT SCHIFRIN AND JANET NOVACK. REPORTED BY MICHAEL DEL CASTILLO, JEFF KAUFLIN, SARAH HANSEN, KRISTIN STOLLER, ALEX KNAPP, JONATHAN PONCIANO, AMY FELDMAN KARSTEN STRAUSS, LAUREN DEBTER, RACHEL WOLFSON, DARRYN POLLACK. ANIMATION BY MIKE RUSSO.
DelRayMan Says the guy who said blockbuster video would never die.
i thought he didn't understand it
Bitcoin is better $.
Crypto And what is the value of any fiat currency. Think about it . It's all a trust game except bitcoin dosent enslave the population
Crypto “Light bulb is cool, but I’m super invested in whale oil.”-Warren Buffets older brother
He was taken out of context. For Buffet it's about intrinsic value. Just like Gold, Tulips, Diamonds, crypto currency has no intrinsic value. Buffet invests in good businesses because it provides value. It's like having farm land. If properly managed it can have output.
That is narrow in thought and lacks foundation Mr. BUFFET. I challenge you to a dual of thought.
sometimes the best hitters in the world get caught looking at a dead center strike... Warren Buffit is brilliant but he also thinks coca cola isn't any less healthy then water... and his son is 600lb walking advertisement for diabetes and obesity
bitcoininfo You know when the old man bought tech stock? Well there is the answer for you...he bought Apple stock at almost all time high. He never bought Google, Amazon, Facebook, or Apple during their best years. Old man and new tech never fit. Rich people hate to change things
So things that are ingenious. . . have no unique value. . .
Pray, tell me sir, what is unique value?Does any currency have unique value?
our ecosystem is collapsing around us who gives a fuck about bitcoin
Unfortunately for people like Buffet, it is really hard to understand what is the value of Bitcoin.
It's alot like how someone explained antiques or art to me. its really about what people are willing to pay for it, that gives it that value.
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