Forbes includes United Nations in its ‘Blockchain 50’ list

By Yana Berman

Forbes presents its annual list of 50 global enterprises that are embracing blockchain

Forbes includes United Nations in its Blockchain 50 list                                 

Forbes has included the United Nations in its annual list of 50 global enterprises that are actively experimenting with blockchain.

The list, called Blockchain 50, was first introduced by Forbes in April 2019. Back then the edition included major tech companies, such as 0'>Amazon, 0'>Microsoft and 0'>Google, and crypto enterprises such as Coinbase, Ripple, and Bitfury.

This year newcomers comprise almost half of the list. Apart from the UN, Forbes listed the China Construction Bank (the world’s second-largest bank) and Russia’s National Settlement Depository. Jack Dorsey’s Square project was also mentioned among the blockchain enthusiasts.

Blockchain 50 also mentions major financial companies, such as 0'>Mastercard, 0'>Intercontinental Exchange, 0'>JP Morgan and Santander.

Forbes notes that some members of its list have moved from trialing blockchain to generating real profits with it. The editors stipulate that the companies mentioned in Blockchain 50 must be generating no less than $1bn in revenue annually or be valued at $bn or more.

For instance, Amazon’s blockchain-related product was implemented by the food industry giant Nestlé to launch a new supply-chain system for coffee, while Microsoft Azure is used by 0'>General Electric.

The UN marked blockchain studies as one of its key areas of interest in the coming years. UN secretary-general Antonio Guterres was urged to adopt blockchain in order to accelerate the achievement of Sustainable Development Goals.

In March 2020, Forbes will host its first Blockchain 50 Event to convene key players in the industry.

The new list was released shortly after Forbes unveiled its Fintech 50 list that also featured six blockchain companies, including Axoni, Chainalysis, Coinbase, Everledger, MakerDao and Ripple.

FURTHER READING: Microsoft Azure to support commercial blockchain

FURTHER READING: Walmart Canada announces blockchain-based logistics solution

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