American Giant Walmart
The 3rd largest bank in the world went into blockchain in 2018. The Agricultural Bank of China (ABC)
Currently most of big corporations are tasting water in the field of blockchain some examples are.
1) Facebook exploring blockchain for identity management to avoid data theft.
2) JP Morgan announced JP coin which will be hedged against USD.
3) Walmart using blockchain for tracing food products from farms to store.
4)IBM invested lot of resources in Hyperledger Fabric research.
Lot of secrets still not revealed by some of companies but may be working on this disruption.
80+ CORPORATIONS WORKING ON BLOCKCHAIN AND DISTRIBUTED LEDGERS
MICROSOFT IS PARTNERING WITH ID2020 ALLIANCE
Microsoft has voiced support for the ID2020 Alliance, a public-private partnership designed to solve the widespread lack of identity documentation. The partnership’s mission is to aid the 1.1B people around the world without legal forms of ID.
GOLDMAN SACHS IS SETTING UP A CRYPTOCURRENCY TRADING DESK
Goldman Sachs is reportedly setting up a cryptocurrency trading desk in New York that will be running by the end of June 2018, if not earlier.
MINING GIANT BHP BILLITON IS IMPLEMENTING A BLOCKCHAIN TO MANAGE CONTRACT WORK AND ANALYSIS
With the help of Blockapps and Consensys, the world’s largest mining company BHP Billiton will use blockchain to record the movements of wellbore rock and fluid samples, and better secure real-time data
MAERSK IS TEAMING UP WITH HYPERLEDGER FOR A JOINT VENTURE
Yet to be named, the NYC-based joint venture will aim to help shippers, ports, customs offices, banks, and other stakeholders in global supply chains track freight and replace related paperwork with tamper-resistant digital records
UPS, FEDEX, AND BNSF RAILWAY JOIN BITA ALLIANCE
UPS, FedEx, BNSF Railway (owned by Berkshire Hathaway), and Schneider Trucking are just a few of the 200+ big names in an alliance exploring blockchain technologies in freight transport.
PETROTEQ CREATES DISTRUBTED LEDGER FOR PEMEX (THE FIRST PETROLEUM COMPANY TO ACCEPT CRYPTO)
Pemex, the Mexican state-owned proleum company, will assist oil & gas tech company Petroteq in developing an industry-specific supply chain management (SCM) software.
UBS, BARCLAYS, CREDIT SUISSE, AND OTHERS ARE PILOTING COMPLIANCE PLATFORM ON ETHEREUM
Swiss bank UBS is leading a pilot that aims to automate regulatory requirments for the MiFID II/MiFIR rules that take effect in 2018.
Built on a private Ethereum blockchain, the participating banks will be able to anonymously cross-reference Legal Entity Identifier (LEI) data.
WALMART, TYSON, UNILEVER, NESTLE, KROGER, DOLE, MCCORMICK, AND OTHERS BAND TOGETHER FOR BLOCKCHAIN PILOT
In August 2017, Walmart, Kroger, Nestle, and Unilever, among others, partnered with IBM to use blockchain to improve food safety through enhanced supply chain tracking.
Walmart has been working with IBM since 2016, and said it helped reduce the time to track mango shipments from 7 days to 2.2 seconds.
With 9 other big food suppliers joining the IBM project, the food industry — where collaboration is rare — could also be better aligned for safety recalls.
Kroger’s head of food safety Howard Popoola told Reuters, “This is an opportunity for us to speak with one voice and say to the world that food safety is not going to be a competitive issue.”
THE UNITED NATIONS EXPLORES DLTS AND BLOCKCHAINS FOR HUMANITARIAN AID AND CLIMATE SCIENCE
The UN’s Climate Change Coalition is researching how distributed ledger technology (DLT) could improve its climate change initiatives. Presently, the coalition is aiming to create a transparent system for climate data, emissions data, and how carbon is being traded.
TEPCO INVESTED AND PARTNERED WITH ELECTRON
UK-based Electron recently saw investment from TEPCO, Japan’s largest utility provider. Currently, the energy industry uses disparate infrastructure for balancing, settlement, and registration. Electron hopes to encourage the industry to shift these functions to shared blockchains.
Few big names of early adopters :
FedEx is one of the world’s biggest logistics management companies and handles billions of dollars worth of cargo every year. FedEx has now become the first big shipping giant to incorporate Blockchain Technology into their supply chain management. So far, they are using Blockchains to track high-value cargo and are soon planning to extend the functionality to almost all their shipments. In addition to that, they are also helping to develop the Blockchain based industry standards for supply chain logistics establishing themselves as pioneers in this field.
Maersk , IBM Launch Blockchain Shipping Supply Chain Platform TradeLens.
the platform is able to track critical data about each shipment in a supply chain in real time, generating a distributed, immutable record on the fly.
Huawei wants to use Blockchains to organize the mobile industry further to reduce fraud and trickery. Huawei claimed in a recent press release that, “Blockchain Technology offers mobile carriers superb opportunities to support the transformation of business models through new network layers, which can revolutionize how data integrity is verified and value and rights are transmitted and tracked over the infrastructure to subscribers.”
Bank of America
Bank of America has recently applied for nine more blockchain related patents, a sign that the bank is open to using Blockchains in its operations. Bank of America hopes to use open-sourced ledgers to create more efficient financial transactions for consumers and business. Combined with Ripple’s XRP token, Bank of America could save billions of dollars every year in cross-border payments.
Mastercard has filed over 30 Blockchain related patents, some under the title of “Method and System For Instantaneous Payment using Recorded Guarantees,” which seems to imply that they are building their own Blockchain based payment gateways. Bitcoin has been said to be disruptive to payment processors like Mastercard and VISA so it makes sense that they would explore their private alternatives to Bitcoin-based payments.
IBM is working with XLM the same currency that we got paid with on Masmic.com
AXA is providing Travel Insurance on Blockchain.
It is in Beta mode currently.
JP morgan is one. It is developing its own cryptocurrency called the JPCoin