Declaring that blockchain has “gone mainstream,” Forbes today released its 2021 “Blockchain 50,” featuring companies that have at least $1 billion in revenues or are valued at $1 billion or more and “lead in employing distributed ledger technology.” And, once again, half of the companies on the list are using Hyperledger technology.
Twenty five companies on the list name at least one Hyperledger technology as part of their solution platform. Hyperledger Fabric, specifically, is cited as a platform by 24 of the companies, topping the list as the most widely used technology. Hyperledger Aries, Indy, Grid and Sawtooth are all also deployed by companies on this list.
The annual list, now in its third year, reflects the growing global impact of blockchain technology with 25 members from the U.S., 13 from Europe and a record 12 from Africa, Asia, the Middle East and Latin America. All in all, there were 21 companies that were new to the list, and 15 of them, including ones from Australia (BHP), India (Tech Mahindra) and Africa (Sappi), use Hyperledger-based platforms.
Of the 12 companies that have made the list every year, six (Ant Group, Cargill, DTCC, IBM, ING and Walmart) use Hyperledger technologies.
More than just a basic list of companies and technologies, the Forbes Blockchain 50 provides a snapshot of the market-changing deployments these blockchain leaders have deployed. Accompanying stories add even more analysis and context.
This annual look at the market is a good reflection point for the traction our technologies have in the current market but also a guidepost to what needs to come next. The increasing global adoption of blockchain – public, private, hybrid – and coming shifts in currency adoption and payments as well as uptake in markets as diverse as mining, telecom, pharma and shipping all point to the growing reach of distributed ledger technology. And, in the face of such challenges as the pandemic, climate change and income equality, it is important to put the focus on what we can accomplish building on blockchain as a cornerstone.