What are the big companies using Enterprise blockchains?

Facebook, IBM, JPMorgan, Walmart and Intel are just some of the big companies exploring enterprise blockchains and how this modern technology can be leveraged to improve transparency and optimize existing business operations. How is an enterprise blockchain different from other types?

How does enterprise blockchain work?

Enterprise blockchain really comes into its own in processes that involve multiple parties, all of which need access to the same data, but each has slightly different or out-of-date information, "and an enormous amount of time is spent reconciling data," Bennett said.

What is the most important application of blockchain for business?

Arguably the most important application of blockchain for business could be smart contracts, which play a dual role as foundational components of blockchain infrastructure and software development and as an application of the technology.

Is visa a blockchain company?

Visa is one of the companies with blockchain technology that did come a long way in the niche. Previously in 2016, they introduced a blockchain platform that would deal with business-to-business payment services. However, it took them time to make the project live.