Forbes to List 50 Billionaire Companies, Using DLT

The list includes blockchain and crypto companies directly, as well as representatives of the traditional finance world, like Amazon and Google
17 April 2019   339

Forbes magazine has published a list of companies with a capitalization of more than $ 1 billion, applying distributed registry technology in their activities.

The list includes blockchain and crypto companies directly, as well as representatives of the traditional finance world, including Amazon, Walmart, Facebook, Mastercard, Microsoft, Nestle and Google.

Most of these billionaire companies prefer to use blockchain solutions for corporate clients - Hyperledger Fabric, Corda, IBM Blockchain, and variations of the Ethereum - Parity and Quorum blockchain. Some companies, such as Facebook and Mastercard, are developing their own DLT solutions.

As Forbes notes, the blockchain technology helps companies simplify their business. For example, the Depository Trust and Clearing Corporation (DCTT), which keeps track of 90 million transactions daily, thanks to AxCore’s blockchain, may not duplicate procedures and refuse to reconcile data.

Recall that in February, Forbes included in the list of Fintech 50 cryptocurrency startups Coinbase, Circle, Gemini, Ripple and Bitfury and the blockchain infrastructure provider Axoni.

EOS to Buy $30M Worth Domain For Its Social Network

Earlier, CEO reported that his company will spent about $150M to develop Voice, and looks like "voice.com" purchase for $30M is one of the first steps
19 June 2019   146

The Block.One company, known for developing the EOS blockchain protocol, acquired a domain for its new social network Voice for $ 30 million. This is evidenced by documents published on the website of the US Securities and Exchange Commission (SEC).

Documents were provided by MicroStrategy, an analytical and mobile software provider. It follows the “voice.com” domain, registered in the GoDaddy domain name registry, was transferred to the EOS developer on May 30, 2019. After 2 days, Block.One officially announced preparations for the launch of a social network.

Block.one has made a smart strategic decision in choosing Voice.com to be the internet domain name for its new social media platform. The word ‘voice’ is simple and universally understood. It’s also ubiquitous — as a search term, it returns billions of results on the internet. An ultra-premium domain name like Voice.com can help a company achieve instant brand recognition, ignite a business, and massively accelerate value creation.
 

Marge Breya 

Senior Executive Vice President and Chief Marketing Officer, MicroStrategy Incorporated. 

The commercial model of MicroStrategy is based, among other things, on the accumulation and sale of such expensive domain names.

According to Block.One, the identification of users and the use of the EOS blockchain in the social network will help to avoid the massive influx of bots, which often affect other members of this niche. Earlier, CEO Block.One Brendan Blamer reported that his company spent about $ 150 million to develop Voice.