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With assistance from industry consultants and other experts, Forbes’ team of reporters and editors identified more than 100 big companies actively exploring blockchain through industry consortiums and other proprietary projects. This new list features 50 — with minimum revenues or valuations of $1 billion, and U.S. operations — that are currently leading the way in adapting decentralized ledgers to their operating needs.
Allianz SE - GermanyBlockchain platforms: Hyperledger Fabric, CordaKey leader: Robert Crozier, head of Allianz’s Global Blockchain Centre of Competence
Amazon - SeattleBlockchain platforms: Hyperledger Fabric, Ethereum (later in 2019)Key leader: Rahul Pathak, general manager of Amazon Managed Blockchain at AWS
Anheuser-Busch InBev - Leuven, BelgiumBlockchain platforms: Ethereum, CordaKey leader: Tassilo Festetics, VP of global solutions
Ant Financial, Hangzhou- ChinaBlockchain Platforms: Ant BlockchainKey leader: Geoff Jiang, VP of Ant Financial
BBVA-Bilbao, SpainBlockchain platforms: Hyperledger Fabric, Corda, public EthereumKey leader: Carlos Kuchkovsky, CTO, new digital business
Bitfury- AmsterdamBlockchain platforms: Exonum, BitcoinKey leadership: Valery Vavilov, CEO and cofounder
BNP Paribas- ParisBlockchain platforms: Corda, Hyperledger Fabric, EthereumKey leader: Jacques Levet, head of transaction banking for Europe, Middle East and Africa
BP PLC- LondonBlockchain platforms: Ethereum, Cardano, QuorumKey leader: Julian Gray, technology director, Digital Innovation Organization
Broadridge- New York CityBlockchain platforms: Hyperledger Fabric, DAML, QuorumKey leader: Michael Tae, head of strategy
Bumble Bee Foods- San DiegoBlockchain platform: MultichainKey leader: Tony Costa, CIO
Cargill- Wayzata, MinnesotaBlockchain platforms: Hyperledger Sawtooth, Hyperledger GridKey leader: Keith Narr, VP, Cargill Digital Labs
Ciox Health- Alpharetta, GaBlockchain platform: EthereumKey leader: Florian Quarre, chief digital officer
Citigroup- New York CityBlockchain platform: EthereumKey leader: Puneet Singhvi, managing director
Coinbase- San FranciscoBlockchain platforms: Bitcoin, Ethereum, XRP, LumenKey leader: Brian Armstrong, CEO; his Coinbase holdings make him a billionaire
Comcast- PhiladelphiaBlockchain platforms: Bitcoin, Ethereum, Hyperledger Fabric, QuorumKey leader: Gil Beyda, managing director, Comcast Ventures
CVS Health- Woonsocket, RIBlockchain platforms: IBM Blockchain, Hyperledger Indy, Hyperledger SawtoothKey leader: Claus Torp Jensen, CTO of both CVS and Aetna
The Depository Trust & Clearing Corporation- Jersey CityBlockchain platform: AxcoreKey leader: Rob Palatnick, chief technology architect
Facebook- Menlo Park, CABlockchain platforms: UnknownKey leader: David Marcus, blockchain lead
Fidelity- BostonBlockchain platforms: Bitcoin, EthereumKey leader: Tom Jessop, president, Fidelity Digital Assets
Foxconn- Taipei, TaiwanBlockchain platform: EthereumKey leader: Jack Lee, founding managing partner of venture arm HCM Capital
Golden State Foods- Irvine, CABlockchain platform: IBM BlockchainKey Executives: Bob Wolpert, chief strategy and innovation officer
Google- Mountain View, CABlockchain platforms: Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, Zcash, Dogecoin, DashKey leader: Allen Day, science advocate
HPE- San Jose, CABlockchain platforms: Corda, Ethereum, Quorum, Sia, Hyperledger FabricKey leader: Raphael Davison, worldwide director of blockchain
HTC- Taoyuan, TaiwanBlockchain platforms: Bitcoin, EthereumKey leader: Phil Chen, decentralized chief officer
IBM- AmsterdamBlockchain platforms: Corda, Quorum, Hyperledger Fabric, Hyperledger IndyKey leader: Mariana Gomez de la Villa, program director of distributed ledger technology
ING- AmsterdamBlockchain platforms: Corda, Quorum, Hyperledger Fabric, Hyperledger IndyKey leader: Mariana Gomez de la Villa, program director of distributed ledger technology
Intel- Santa Clara, CABlockchain platforms: Corda, Ethereum, Hyperledger Fabric, Hyperledger SawtoothKey leader: Michael Reed, director, blockchain program
JPMorgan Chase- New York CityBlockchain platform: QuorumKey leader: Christine Moy, blockchain lead
Maersk- CopenhagenBlockchain platforms: IBM Blockchain, CordaKey leader: Michael J. White, head of TradeLens
Mastercard- Purchase, NYBlockchain platform: Its own platform, built from scratch.Key leader: Ken Moore, EVP and head of Mastercard Labs
MetLife- New York CityBlockchain platform: InsureChain built on EthereumKey leader: Zia Zaman, CIO of MetLife Asia
Microsoft- Redmond, WABlockchain platforms: Ethereum, Parity, Quorum, Corda, Hyperledger FabricKey leader: Mark Russinovich, CTO of Microsoft Azure
Nasdaq- New York CityBlockchain platforms: Symbiont, Corda, Hyperledger FabricKey leader: Johan Toll, head of digital assets, market technology
Nestle- Vevey, SwitzerlandBlockchain platform: IBM BlockchainKey leader: Benjamin Dubois, manager of digital transformation
Northern Trust- ChicagoBlockchain platforms: Hyperledger Fabric, EthereumKey leader: Justin Chapman, head of market advocacy and research
Oracle- Redwood Shores, CABlockchain platform: Oracle Blockchain PlatformKey leader: Frank Xiong, group vice president, Blockchain Development Platform
Overstock- Midvale, UTBlockchain platforms: Bitcoin, Ethereum, RVN, FlorinKey leader: Patrick Byrne, founder and CEO of Overstock
PNC- PittsburghBlockchain platforms: Hyperledger Fabric, DAML, Corda, RippleKey leader: J. Christopher Ward, EVP and head of Treasury product management
Ripple- San FranciscoBlockchain platform: XRP LedgerKey leader: Brad Garlinghouse, CEO
Samsung- SeoulBlockchain platforms: Nexledger, EthereumKey leader: Jeanie Hong, SVP and head of Blockchain Center
Santander- MadridBlockchain platforms: RippleNet, Hyperledger FabricKey leader: María de la Concepción de Monteverde, director of the Blockchain Center of Excellence
SAP SE- Walldorf, GermanyBlockchain platform: Hyperledger Fabric, MultiChain, QuorumKey leader: Raimund Gross, chief innovation strategist, Blockchain
Seagate Technology- Cupertino, CABlockchain platform: Hyperledger FabricKey leader: Manuel Offenberg, managing technologist and data security research lead
Siemens- MunichBlockchain platforms: Ethereum, Hyperledger Fabric, CordaKey leader: Bernd Rosauer, head of research, Technology Field IT Platforms
Signature Bank- New York CityBlockchain platform: A private, Ethereum-based blockchainKey leader: Frank Santora, senior vice president and director of digital asset solutions
State Farm- Bloomington, ILBlockchain platforms: Hyperledger Fabric, Corda, QuorumKey leader: Mike Fields, innovation executive at State Farm RED Labs
UBS- ZurichBlockchain platforms: Hyperledger Fabric, Ethereum, Quorum, CordaKey leader: Sam Chadwick, head of blockchain
Visa- San FranciscoBlockchain platform: Hyperledger Fabric .Key leader: Kevin Phalen, global head of business solutions
VMware- Palo Alto, CABlockchain platforms: Project Concord, a new blockchain, which supports multiple frameworks such as EthereumKey leader: Mike DiPetrillo, senior director, Blockchain
Walmart- Bentonville, ARBlockchain platform: Hyperledger FabricKey leader: Karl Bedwell, senior director, Global Business Services & Technology