In the ever-changing world of cryptocurrencies and blockchain technology, it’s not easy to predict what will happen in the next 12 months. However, one thing is for sure: these times will be exciting. There will be numerous new projects and advancements in existing platforms, the most exciting prospects. Here’s a list representing some of the most promising Global Blockchain Companies of 2022.
Adobe
Country of Origin: USA
Adobe is best known for its Photoshop software. The latest move by the Adobe blockchain company is adding support for NFTs. This new blockchain technology allows users to store and exchange digital works using cryptocurrency.
Ethereum and Behance initially supported it, but the WWF has since pulled its offer over environmental concerns. In response to the problems of NFT collectors and creators, Adobe has taken steps to combat counterfeit NFTs. Its latest move involves a partnership with Polygon, a Proof-of-Stake chain.
Baidu
Country of Origin: China
The Chinese search engine company Baidu has released the public beta version of its Xuperchain blockchain service, which is aimed at helping small businesses launch cheap apps.
Hundreds of other Chinese blockchain companies, including Bitmain, NEO, and Chain. Cn and President Xi Jinping have called on China to be a leader in developing blockchain technology.
In a blog post published on May 18, he said: “The future of Chinese business depends on adopting decentralized technologies.”
BHP
Country of Origin: Australia
The mining giant BHP is testing out a new approach to sourcing suppliers in the Australian mining sector, leveraging a blockchain company called MineHub. The project aims to tackle inefficiencies in trading and ESG compliance in the mining supply chain.
The blockchain platform will help BHP Billiton share data more efficiently and reduce the cost of data entry. The transaction is valued at $14 million. In a separate report, the firm cites the importance of collaboration with other industry players.
Breitling
Country of Origin: Switzerland
Luxury watchmaker Breitling is the first luxury brand to apply blockchain technology to its products and offer a related service. The company has developed a digital passport that will prove ownership using the Ethereum blockchain platform Arianee.
This passport will allow its owners to prove their authenticity and legitimacy. The company will use the Arianee protocol to secure the digital passport.
Users of the new Breitling Blockchain watch will be able to scan the electronic guarantee card with their phone’s camera and download a private encrypted digital wallet containing their digital passport.
AON
Country of Origin: Ireland
AON launched the world’s first blockchain insurance placement in 2017, and the move boosted the industry’s advancing technology.
Aon partnered with Teller, a decentralized lending protocol, and Relm Insurance, a specialist insurer, to develop a system that could instantly settle payments for insurance policies.
The technology was to reduce fraud and improve the integrity of transactions in insurance claims processes.
Conclusion
Blockchain, despite being in its early stages, has infinite possibilities. With Blockchain technology being recognized by most industries as the next big thing in recent days. This technology also transforms numerous business verticals by introducing innovative solutions in real-life scenarios.
