Forbes names 50 blockchain-using companies with annual revenue or market capitalisation over $1 billion

Forbes has named named 50 companies with annual revenue or market capitalisation above $1 billion that use blockchain technology in their operations.

In the updated list, only one Russian organisation made the cut — Nornickel, whose palladium fund Global Palladium Fund issued the first tokens in December 2020.

The rest of the line-up includes cryptocurrency exchange Coinbase, Digital Currency Group founder Barry Silbert, Square founder Jack Dorsey, and analytics-software provider MicroStrategy.

The list also includes the Chinese technology company Ant Group, the automotive group Daimler, and the corporations Boeing, IBM and Microsoft.

The publication also included Oracle, PayPal, Samsung, Saudi Aramco, Visa and Walmart among the active users of blockchain.

Positions in the list went to one of China\’s largest banks—the Industrial and Commercial Bank of China—and to the Chicago Mercantile Exchange, which on February 8 launched Ethereum futures.

Many billionaire companies use blockchain solutions for corporate clients—Hyperledger Fabric, Corda, IBM Blockchain, as well as the Ethereum-based variant Quorum.

In 2019, the list included Facebook, Google and Amazon. However, these companies did not make the new ranking.

In December 2020 Forbes included several representatives of the cryptocurrency industry among the most promising young entrepreneurs in finance. Among them are Bitcoin Core developer Amiti Uttarwar, the head of the crypto- derivatives exchange FTX Sam Bankman-Fried, and Paradigm partner Charlie Noyes.

Coinbase CEO Brian Armstrong led the ranking of the wealthiest figures in the cryptocurrency business in 2020. Also in the top three were Sam Bankman-Fried and Ripple co-founder Chris Larsen.

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