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The world’s largest logistics company is interested in cryptocurrency technology

Blockcoin technology, the technology behind bitcoin and cryptocurrencies, is among its future strategic technologies.

The world’s largest logistics company, is interested in crypto money technology

While Bitcoin prices are breaking records, blockchain technology, the technology behind Bitcoin and cryptocurrencies, is developing at a rapid pace. From the world of finance to the agriculture industry, many businesses are renewing and transforming their infrastructure with blockchain technology.

FedEX, the world’s largest logistics company, is also closely interested in blockchain studies.. FedEX has become a member of the board of directors of the University of Arkansas Center for Blockchain Studies.

We think you’ll be excited to hear the names of other companies on the board of the University of Arkansas Center for Blockchain Studies.. It is clear from the brand value of the board members how strong the potential of blockchain technology is.

Please See: What is Blockchain?

Board members; IBM, Golden State Foods, ArcBest, EY, FIS, J.B.. Hunt Transport Inc., McKesson, Microsoft, Tyson Foods, Walmart, and FedEX.

The businesses mentioned above are funding the work of the “Blockchain Studies Center”. Naturally, they will implement the new technology produced by the center in their own businesses in the near future.

Blockchain technology creates an important network especially in supply chain and input tracking.. Businesses can track inputs quickly, securely and cheaply with blockchain.. They can access real and non-manipulated data from the source.. For this reason, the giant retail chain Walmart and logistics giant FedEX are on the board of directors of the Center for Blockchain Studies.

In 2019, Chinese President Xi Jinping announced that blockchain technology is among the technologies that will shape the future of China. announced that they will support the blockchain industry as the state government. Following this announcement, China has developed its own national blockchain network and is preparing to use its own national cryptocurrency through this blockchain network.. The digital yuan is already being used in some regions in China!

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Blockchain rich list !

Blockchain industry continues to grow and be adopted every day. As such, entrepreneurs who appear in this sector earn a lot of income.. This causes the blockchain industry to be the subject of research studies.

China’s Hurun research company made the list of the richest names in the blockchain industry.. At the top of the list is Coinbase CEO Brian Armstrong, who increased his wealth tenfold last year to a personal fortune of 11.5 billion.

March 2‘ According to the Hurun report published in the . Changpeng Zhao (CZ), the CEO of Binance, the world’s largest and highest-volume cryptocurrency exchange, is in the 2nd place. With his personal fortune growing 200% and estimated to be around 8 billion dollars, he placed himself in the 3 list. Changpeng Zhao took first place in the 2020 Hurun list, surpassing Bitmain co-founder Micree Zhan Ketuan.. However, in the intervening year, the blockchain industry has moved on.

In Hurun’s list of new blockchain billionaires, Ripple co-founders Chris Larsen, Stellar co-founder Jed McCaleb, Digital Currency Group CEO Barry Silbert, Winklevoss brothers , MicroStrategy CEO Michael Saylor.. As of this year, 11 new names have been added to the list, including big industry investor Tim Draper and Galaxy Digital CEO Michael Novogratz.

Which country is ahead in blockchain technology?

According to the 2020 report of the World Economic Forum, blockchain technology ranks first in the list of technologies that will shape the world economy.. Blockchain technology is known as the technology behind Bitcoin and cryptocurrencies.

After the Chinese central bank’s digital currency studies, China-based companies’ interest in blockchain is at the highest level.. Features Alibaba stands out from China-based companies filing for blockchain patents. In fact, Alibaba is the company that has applied for the most patents in the world.

Alibaba won 212 patents related to blockchain.. IBM follows Alibaba with 136 blockchain patents. South Korean company Coinplug won 107 patents and ranks 3rd. Another China-based company, Tencent, has been making a name for itself in the blockchain industry recently and has 42 patent rights.

USA ranks first in the list of countries that won a blockchain patent.. South Korea is second, China is third, and Japan is fourth.. Japan is followed by Taiwan.

USA: 39%

South Korea: 21%

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China: 19%

Japan: 6%

Taiwan: 4%

It has caught the attention of our readers. No country from Europe in the blockchain ranking. Europe is missing this technology.

In the graph below, we see the change in patent applications worldwide by years.. Value seems low as 2020 has not been completed yet. It will probably exceed the number of patent applications in 2019.

According to the graphic above, 1,799 patents were obtained in 2019. As of May 2020, 1,257 patent rights have been granted in 2020.

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