Blockchain is a breakthrough technology that is an innovation and is a matter of research and development across many industries. Well, Blockchain became the matter of household talks due to cryptocurrencies, and most people do have such perception that Blockchain is limited to cryptocurrencies only. But it is far more versatile than what people think.
Blockchain is an increasing record of files, known as blocks, which are Connected using cryptography. Each block identifies the previous block and together create the Blockchain. In Blockchain, document timestamps couldn’t be tampered with timestamps of files, hence rendering it tamper proof and powerful in safety.
What is Enterprise Blockchain
Term Blockchain Enterprise had emerged organically and often used loosely often among various places. This Enterprise Blockchain, in other instances, is used to refer to all such cases in which Blockchain technology is developed to meet one or more functional criteria for large scale use cases. This can include features like enhanced transaction capacity, privacy features, or certain other features to suit various needs for businesses.
Blockchain Enterprise in current time
Some of the examples of Blockchain Enterprise are –
- R3 Corda
- Node JS
Some of the companies who are using Enterprise Blockchain –
American Express is looking to exploit the potential of Blockchain to implement customer reward type of program.
Visa had shown its intent of introducing a payment service named ‘B2B Connect’ in its Blockchain-based payment service for business to business models.
Blockchain-based PoC (Proof of Concept) for jet planes parts tracking had been started by Airbus in the aviation industry.
Apart from these, several financial institutions include Citibank, Goldman Sachs, RBC, and JP Morgan, who are into conducting multiple Blockchain-related testing efforts in a measured manner
Top companies working over Blockchain Enterprise
Rejolut is doing what leading through example means. Rejolut Technology Solutions works on different verticals of marketing, product, and technology before concluding that the vacuum between vision and execution can be filled using custom Blockchain development, IoT, and AI.
Rejolut not only deals with Ethereum development but also provides other development services. Such as Mobile App Development, Python development services, r3 Corda, EOS, Machine learning, and other development services such as Java, R Language, Ruby on Rails, Node JS, GO Language.
Through their highly qualified team of developers and the edge cutting technology, which they keep updating continuously, is what makes them bag the top position in emerging tech companies. Rejolut is inevitably out to transform the world of Blockchain development with its numerous satisfied clients worldwide.
BlockApps is the leading provider and innovator of technology for programmable business networks through our platform – BlockApps STRATO. BlockApps was the first company incubated out of Consensys in 2015 and launched the Blockchain as a Service category with Microsoft. They have also founded the Enterprise Ethereum Alliance, and are the first Blockchain Platform to partner with Azure, AWS, GCP and Red Hat.
They specialize in various Enterprise Blockchain trainings, Hackathons, Application development, STRATO, Ethereum, Ethereum, blockchains As A Service, Dapp, Decentralized applications, Identity, Settlements, Asset Management, Compliance, Supply Chain, Loyalty, Digital Rights, Provenance, Security, IoT
Helium is shaping the future by creating a global decentralized wireless network for billions of machines. Helium was founded in 2013 by Shawn Fanning of Napster, Amir Haleem, and Sean Carey. The company is backed by Khosla Ventures, GV (formerly Google Ventures), FirstMark Capital, Marc Benioff, HSB/MunichRe Ventures Slow Ventures, and others.
Their Specialties are IoT, IoT Connectivity, Internet of Things, Machine to Machine, Connected Devices, Industrial IoT, Security IoT, Low Power, Long Range, Wireless, Enterprise Blockchain.
CargoX is an independent supplier of blockchain-based Smart Bill of Lading (Smart B/L™) solutions that provide a speedy, safe, reliable, and cost-effective way to process Bills of Lading anywhere in the world. CargoX has developed a decentralized platform based on the Ethereum network and has a pipeline of future products for the supply chain industry.
Their specialization includes Logistics, Supply Chain, Digital transaction services (DTS), Blockchain Solutions, BDTS, Blockchain Document Transaction System.
Wyre is the leading infrastructure provider in crypto. After trading over $3.5 billion in cryptocurrency assets and completing over $750 million in bank-to-bank FX payments, we have an established network of relationships with leading banks and exchanges.
Established in 2013 and headquartered in San Francisco’s vibrant Mission District. Wyre has put its stamp on the fintech world. They had grown their expertise in crypto wallets, virtual bank accounts, cross-border money transfer, and corporate payments, and they are using that knowledge now to help other crypto projects grow by providing the infrastructure.
Their specialties include Business Payments, Bank Transfers, Financial Services, Currency Exchange, Cryptocurrency, Defi, Bitcoin, Ethereum
Kraken Digital Asset Exchange
Based in San Francisco, Kraken is the world’s largest global bitcoin exchange in euro volume and liquidity. Kraken’s clients also trade USD, CAD, ETH, XRP, LTC, and other digital currencies, on a platform consistently rated the best and most secure bitcoin exchange by independent news media. Founded in 2011, Kraken was the first bitcoin exchange to have its market data displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit, and one of the first exchanges to offer leveraged bitcoin margin trading.
Their specialties include Bitcoin, Litecoin, ZCash, Dogecoin, Ripple, Ethereum, Cryptocurrency, Exchange, Digital Assets, Virtual Currency, Forex, Markets, Commodities, Security, Financial Services, Broker-Dealer, Wallet, Compliance, Blockchain, Monero, Futures, Index.
Chronicled is a technology company based in San Francisco, CA. They are on their mission is to improve the way companies do business together in the life science industry.
Chronicled is the custodian of MediLedger, an industry-lead, blockchain-based network within the life science industry. Building solutions on top of the MediLedger Network to facilitate trust and enable automation between trading partners. The focus is on supply chain and revenue management within the pharmaceutical industry.
They specialize in Blockchain, Software, Enterprise, Anti-Counterfeit, Track and Trace, Smart Supply Chain, Compliance, Automation, Data Security, supply chain, Contracts, and Chargebacks, Revenue Management.
Launched in 2015, VeChain aims to connect blockchain technology to the real world by providing an overall governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, Italy, and San Francisco.
Their strategic partners PwC and DNV GL, have established cooperative relations with many leading enterprises in vastly different industries.
Their specialties include BaaS, anti-counterfeiting, supply chain management, and the Internet of Things (IoT).
HACERA is a security framework that significantly simplifies the Access Control Management on blockchains focused on creating highly secure Authentication, Authorization, and Auditing/Accounting (AAA) services on blockchains for their clients.
Built for scalability, HACERA seamlessly protects participant’s identity properties, even when stored across multiple identity systems, using strong cryptography. They specialize in Blockchain, Security, Enterprise, Identity, Privacy, Cryptography.
Netki is a leading provider of remote digital identity verification technology, intended to facilitate compliance with Know Your Customer (KYC) and Anti-Money Laundering regulations. Netki technology is uniquely adapted to the needs of ICOs and token sales and indeed is the first and only solution built specifically for blockchain companies.
Founded in 2014 by internet start-up veterans Justin Newton and Dawn Newton, Netki’s mission is to bring industry solutions to cryptocurrency communities through enhanced mass-market uptake. Netki’s earliest product, the Netki Wallet Name Service.
They specialize in KYC, AML, Identity, Blockchain, ICO, KYC, RegTech, fintech, IDtech, compliance.
Future of Blockchain Enterprise
With a higher number of companies are adopting Blockchain, so we can easily foresee that Blockchain Enterprise is there to stay. But, only by engaging in rigorous testing can be the deciding factor. The continuous evolutions in Enterprise Blockchain will certainly integrate aspects of public as well as private blockchains, and this can happen in various stages in the future. After that, Blockchain will undoubtedly be a disruptive technology that will be implemented on a more massive scale than ever.
Blockchain technology is still at its initial stage, no doubt, but there can be a lot of innovations that could happen. As such large numbers of companies are pooling in their resources along with the efforts of developers, we are sure that it would be a game-changer in most industries who adopt it. World awaits for those who are ready to conquer it with their innovative concepts.
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