Public companies and their involvement in blockchain
Like Hive flying under the radar, there are companies whose involvement in blockchain can be easily missed for whatever reason if they are not taken note of. There are a lot happening within blockchain, cryptocurrency space, from development, price movement, incidents like Tornado cash to get us talking for days, these makes giving attention to public company's blockchain involvement less keen attention.
Having companies like Samsung, Commonwealth Bank, PayPal tap deeper into blockchain companies as we will see shortly from data provided by Blockdata further shows we are involve in a technology that is here to stay contrary to what the media let people believe out there.
We are looking at compiled data from September 2021 to mid-June 2022.
Blockchain's reinvention of gaming with #playtoearn model isn't just a trend to fade away with companies like LG investing in Sandbox a blockchain platform where communities can monetized digital assets. Basically we are seeing NFTs being part of our future . For those of us on Hive we are fortunate to be evolving with this space with the games like Splinterlands and others being built on Hive ecosystem.
Other use cases these public companies invested in are smart contract capability blockchains, scaling solutions tokenization.
While tokenization is currently on a smaller scale, it is going to be inevitable for companies not utilize tokenization to keep their customers happy, we are looking at the reward economy emerging, you may call it Web 3.0.
The crypto space is never a dull moment with memes, it is not news that memes are money with Samsung's investment in Dank Bank a platform for trading and collecting memes.
Those not involved in crypto are certainly missing out at this stage. We have a technology whose involvement is free for all no matter where you reside in the world provided you have access to the internet and a smartphone.
It is becoming a case of missing out for not tapping into blockchain technology, it only makes sense for these companies to have themselves positions as blockchain technology evolves.
The focus tends to be on which countries are open to blockchain and cryptocurrency, big companies are however getting involve along with masses of which the numbers are increasing by the day. It is exciting to see the disruptive technology spreading outside the control of those determined to keep things under their control.
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