Many people believe that blockchain technology today does not currently have real use cases or no tangible value created by its adoption. Well, throughout 2018, these five projects have made giant strides in blockchain technology by becoming more widely adopted and advancing in that direction, the first of which is:
Ethereum is supported by the Ethereum Enterprise Alliance (EEA) originally established with the support of companies and institutions seeking to adopt the Ethereum blockchain in their business practices such as Accenture, CME Group, ConsenSys, IC3, Intel, J.P. Morgan, Microsoft, and many other institutional institutions.
Since the Alliance was formed in 2017, they have added many more companies to their mids Mitsubishi, Deloitte, Samsung SDS, Infosys and the National Bank of Canada. The objective of the Ethereum Enterprise Alliance is to connect companies, start-ups and government institutions of Fortune 500 with developers and experts of Ethereum to incorporate the use and adoption of the Ethereum network to improve practices commercial and commercial development. Today the Ethereum Alliance group boasts more 300 members.
Ripple is a blockchain project designed to connect and connect banks, payment service providers, digital exchanges and companies to work together.
Ripple is the leading project that has collaborated to form strategic partnerships with some of the largest banks in the world such as; Commonwealth Bank of Australia, Santander, UBS, CIBC, National Bank of Abu Dhabi (NBAD), Standard Chartered, National Australia Bank (NAB), Siam Commercial Bank and Shanghai Huarui Bank.
Focusing on a list of fast-growing banks, Ripple also began to establish strong links with payment processors, exchange and remittance services such as Western Union.
HyperLedger is an open source effort for corporate institutions and companies to support the further development and adoption of blockchain technology in business applications.
To date, Hyperledger has over 250 members including Accenture, Deloitte, Fujitsu, Hitachi, Huawei, Intel, IBM, Moscow Exchange, SAP, Samsung SDS, Xiaomi, Cisco and more.
The goal of HyperLedger is to support the development of enterprise and cross-industry platforms to use distributed open ledger technology. By regularly organizing workshops, conferences and deepening research and educational documentation, HyperLedger expects that sharing knowledge and insights will accelerate the rate of development and adoption of blockchain.
Hyperledger intends to provide the structure, standards and support needed to build better open source blockchains that are widely adopted in key organizations such as those involved in their consortium.
Vechain is a blockchain-as-a-service (BaaS) platform that focuses on improving supply chain management for companies. This means contributing to the purchase and purchase of products or services in the creation or production of goods and services for end customers.
In development since 2015, Vechain has already managed to collaborate with 24 companies including Deloitte, Microsoft, Renault, PricewaterhouseCooper, DB Schenker, TCL communication, China Unicom, BMW and LV China.
The project has established a partnership with the largest Chinese insurance company, the People & # 39; s Insurance Company of China (PICC). The amount of high-level partnerships that VeChain secured in 2018 was surprising and led to much of its appreciation and price action throughout the year.
A new generation blockchain platform, Aergo aims to provide a ready-made solution for companies, corporations and institutions alike. Aergo is supported by Blocko; a commercial blockchain startup recognized as a supplier of South Korea's # 1 private blockchain systems with an impressive list of customers.
Blocko has collaborated and helped implement private blockchain systems for companies such as Hyundai, Lotte Card, Samsung, Cisco, LG, Kia Motors and several major Korean banks, telecommunications providers, Korean government agencies and even the Korean stock exchange.
These companies are not simply testing Blocko's blockchain technology, but they have already implemented it and are currently using it during their commercial operations. How about this for the blockchain adoption! Blocko is considered one of the most active and advanced providers of blockchain enterprise solutions currently in the blockchain space and seeks to expand their offers with a public blockchain in AERGO.
With the blockchain technology and the cryptocurrencies that conquer the world throughout 2018, there is no doubt that national governments, Fortune 500 companies and large companies of small and medium-sized enterprises are keeping an eye on the way blockchain can improve their business practices.
Throughout 2019, we will see far greater implementations of blockchain technology and it will be exciting to take note of what will ensue for the market as a whole and how the industry graduates from development to cases of effective use and adoption globally.