While the United States Government has taken an anti-Bitcoin stance, Corporate America is going in the opposite direction.
From last year till date, American companies have been looking at different ways and means via which they can implement their versions of blockchain technologies.
Recent Corporate giants like Facebook and the storm in a teacup that they’re facing with Libra is one such example.
However, when Companies with a proven history of innovation such as IBM invest heavily in Blockchain tech, then it is time to wake up and smell the coffee.
From its introduction of Worldwire which is a form of international cross border payments to its use of Hyperledger fabric which deploys blockchain tech in the cloud, IBM has been one company that makes active strides in the deployment of blockchain technologies across the cloud.
What makes it more interesting is that the company just increased its investments in blockchain patents by more than 300% between last year and this year alone!
Yuval Halevi, who is a crypto public relations expert gave this analysis in a recent tweet. This makes the organization the biggest holder on American soil of blockchain patents ever!
This doesn’t mean that other heavyweights are lagging in the crypto space. Amazon’s AWS, for instance, allows for the deployment of entire blockchain architecture on its platform.
This has led to the introduction of solutions such as Kaleido Enterprise blockchain SAAS which is a fully scalable platform for the implementation and deployment of entire blockchain solutions.
This particular platform allows for anyone who has a great blockchain concept to deploy and implement fully using Amazon’s AWS as a backbone. Now we know that AWS is one of the most powerful and adaptable web services in the World.
This allows for far more powerful interaction and application deployment on a scale which is almost second to none for those who want to have a fast start into the industry. Microsoft is not left out of the Blockchain race as Azure also has its blockchain service.
In partnership with JP Morgan which happens to be one of the World’s Largest investment Banks, they have built the first solution on this platform called Quorum.
Then there exists a Blockchain systems integrator called envision blockchain which integrates enterprise platforms across seven major Blockchain platforms (stablecoins).
With major players doing their thing on this platform, it would be possible to build a cross-platform decentralized solution across the seven major Blockchains which gives room for smart contracts: Hyperledger Fabric, Enterprise Ethereum, Corda, Quorum, Public Ethereum, EOS and Stellar.
In the same vein, Walmart and the big players IBM have their partnership in the crypto space. Using Hyperledger Fabric to create a food traceability system, IBM and Walmart have been able to prove that real-time tracking of foods and drugs is possible.
The big question is that, with the rise of all kinds of blockchain solutions and ideas which are being thought through by Corporate America, why is the US Government taking an anti-blockchain stance?
Their reasons may be many but it boils down to one thing: innovation. One thing is certain though: blockchain shall rule the crypto space!
Do you know any companies which are designing or implementing blockchain technologies? Please let us know in the comments below!