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Can you name number of Blockchain Solution Companies?

  • June 3, 2021
blockchain solution companies

Blockchain solution companies are growing faster and faster, because of the popularity of blockchain technology
Many companies use blockchain technology in different sectors like Banking and Finance, Healthcare, Supply Chain, Energy, etc. 

By using blockchain solutions we can go through the digital transformation.
The most transformative era in business is happening right now.
Blockchain solutions have a wide range.
Vaccine distribution, healthcare, and life sciences, supply chain transparency, food trust, trusted supplier management, TradeLens container logistics, letter of guarantee, trade finance, digital identity management, and learning credentials.

here we are going to review some of the companies in different sectors.

Blockchain solution companies in different sectors

1- Blockchain solution company in Healthcare

  • Pfizer

Pfizer is one of the world’s premier biopharmaceutical companies.
This company is going to use a blockchain solution for tracking records and managing the digital inventory of pharmaceutical products.
The Covid-19 crisis exposed major cracks in medical supply chains so that blockchain solutions may help to improve the procedure.

Today, by facing covid-19, we need Trusted vaccine distribution enabled with blockchain.
IBM blockchain developed a vaccine distribution solution so that manufacturers can proactively monitor for adverse events and improve recall management.
Distributors can monitor the process in real-time and of course, Citizens can trust the vaccines.

2- Energy

  • Shell

Shell is one of the leading companies in the oil and gas sector.
Blockchain solutions can be applied in different sections of the company.
From tracking the source of renewable energy to changing the relationship between production and consumption of energy.
Shell starts a pilot project to create a decentralized digital passport system for the authentication of equipment, parts, and products.

3- Blockchain solution company in Supply Chain

  • Walmart
blockchain solution companies and walmart

Walmart is a company that is so enthusiastic about blockchain solutions and is working with IBM on food safety blockchain solutions for digitalizing the food supply chain process.
The goal is to add transparency to the decentralized food supply ecosystem.
They created the food traceability system based on Hyperledger Fabric.
In October 2016, Walmart announced that two POCs for blockchain-based solutions for food tracking and In August 2017, after successful POCs, Walmart worked with IBM to launch IBM food trust.
In September 2018, Walmart traced over 25 products with the system powered with Hyperledger Fabric.

4- Banking and Finance

  • HSBC

HSBC, one of the largest banking and financial services organizations in the world, uses Corda for its blockchain platform, Digital Vault.
It helps digitalizing transaction records of private placement assets.
By using this kind of blockchain solution. Investors can track their money in real-time.