Ethereum is the second largest cryptocurrency by market cap and its use cases have been growing all over the world. As the largest DApp (decentralized application) platform in the world, the growing popularity of Ethereum has been noticed by plenty of traditional companies outside of the crypto space.
These are the major tech companies that have started to realize this massive potential and have chosen to integrate Ethereum into their services and platforms. Of course, there is more, but putting together like this would take my ages so I decided to cut it and include the most important ones.
What are those companies that chose to put their faith into Ethereum? Well, let’s just begin right away!
PS. You might also like one of my previous partnership lists on Loopring Partnerships, iExec and ICON.
1. Amazon Web Services
2. Amalto
3. BNP Paribas
4. Ciox Health
5. Citigroup
6. Comcast
7. Fidelity
8. Foxconn
9. Google
10. Hewlett-Packard Enterprise
11. HTC
12. Intel
13. JP Morgan Chase
14. Microsoft
15. Overstock
16. Samsung
17. Siemens
18. Signature Bank
19. UBS
20. VMware
Detailed List Of Integrations
1. Amazon Web Services
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Amazon understands the needs of blockchain technology thanks to the rising popularity of cryptocurrencies in recent years. Amazon Web Services, as the most profitable business line from Amazon, chose to offer blockchain tools to help more traditional companies that want to utilize the blockchain power.
As most people already know, the majority of traditional companies are not interested in creating their own blockchain platform but they are curious to see how blockchain technology can help them. AWS now has its own blockchain framework for Ethereum that runs on Solidity (Ethereum’s native programming language)
2. Amalto
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The popular blockchain firm that specializes in Ethereum development, ConsenSys, has teamed up with field data management firm called Amalto. Together they created a platform that can facilitate the automation of ticket-based order-to-cash processes in the gas and oil industry.
The combination of ConsenSys and Amalto would revolutionize the gas and oil industry and their utilization of blockchain, especially Ethereum.
ConsenSys is a startup created by Joseph Lubin, who’s the co-founder of Ethereum project itself. ConsenSys is the company behind METAMASK and other popular Ethereum-based applications.
3. BNP Paribas
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BNP Paribas is one of the retail banking companies that have put a lot of faith in blockchain technology. They have been trying to move letters of credit from paper to a secure distributed ledger. It was claimed that back in November 2018 that Paribas worked with HSBC Singapore to complete the first digital version of letter-of-credit transaction.
It’s also widely believed that BNP Paribas had been testing different blockchain technologies way before then. From 2015, BNP Paribas had been experimenting with Ethereum, Corda, and Hyperledger Fabric. While it’s not specifically known what blockchain tech that BNP Paribas uses for each of its blockchain-related project, but it’s believed that BNP Paribas had been testing Ethereum and have used it for its own private blockchain experiments.
4. Ciox Health
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Ciox Health is the biggest manager of medical records in the United States. It is claimed that Ciox Health’s software is utilized by different healthcare providers across the country. Ciox Health had been testing and experimenting with Ethereum blockchain to reduce paperwork redundancies, human errors in medical procedures, as well as to provide a new source of subscription income.
5. Citigroup
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Citigroup, the company behind Citibank, had been exploring blockchain-based applications for many years. They understand there’s a big potential behind the blockchain technology and they want to try to get into the tech early before other companies get the first-mover advantage.
It is claimed that Citigroup has invested its money to different startups, and most of them have been working on securities settlement applications based on Ethereum. There are also startups utilizing Ethereum for insurance payments and Citigroup has also invested in such entities. Not only that, Citigroup also teamed up with CLS and Barclays to launch LedgerConnect, which is building Ethereum-based applications among other blockchain tools.
6. Comcast
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Comcast, the popular telecommunications giant, has invested in Blockdaemon, a startup responsible for enterprise software using various blockchain platforms.
Blockdaemon itself has plenty of blockchains in its arsenal, such as R3 Corda, Quorum, Hyperledger Fabric, and Ethereum as well. It is claimed that Comcast’s investment in Blockdaemon is a part of Comcast’s strategy to diversify into the blockchain space.
7. Fidelity
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Fidelity is a fund giant who started its bitcoin mining activities in 2015. They claimed they decided to do bitcoin mining to learn more about the potential and future of digital assets.
It then chose to expand its custody service for institutional investors who want to get assured their bitcoins would be stored in safe hands. Fidelity claimed that it has done a lot of work on Ethereum and plans to support ETH in 2020.
8. Foxconn
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Foxconn is a giant Chinese manufacturer who got popular for being the partner of multinational tech companies such as Apple and Microsoft. Foxconn had set its eye on the blockchain space. It decided to make blockchain-enabled smartphone as well as support for Hyperledger, Bitcoin, and Ethereum at the same time.
Foxconn understands there’s a huge demand in the supply chain space and it can further improve the supply chain by utilizing Ethereum (and other) blockchain platforms.
9. Google
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Google has been showing interests in Ethereum as well as other public blockchain platforms since many years ago. Google was known to be one of the investors of Ripple, the company behind XRP. Not only that, Google CEO’s son has been mining Ethereum for quite some time.
And Google itself has been offering its hybrid blockchain-cloud applications which specifically offers Ethereum-based tools. The fact that Google sees potential in the mix of Ethereum and Google Cloud is a strong testimonial to the Ethereum technology itself.
10. HP Enterprise
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HP Enterprise has been known as one of the biggest names in the computing enterprise sector. In 2017, particularly, at the Sibos international banking conference in Toronto, HP Enterprise had decided to join the Enterprise Ethereum Alliance (EEA).
Thanks to its participation with the EEA, HP Enterprise would be able to cooperate with the other partners to help Ethereum achieve bigger adoptions in the enterprise department. It is claimed that HP Enterprise has been interested in Ethereum’s smart-contract function, which is deemed valuable for the corporations.
11. HTC
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HTC used to be one of the top companies when it comes to smartphones and gadgets. While HTC has lost its “crown” to Samsung and Apple, but its smartphone division still exists. It has been trying to attract crypto community’s attention with its blockchain-focused phone called HTC EXODUS 1.
HTC Exodus 1 has its native crypto capabilities, including crypto wallet application where you can safely store your Bitcoin, Ethereum, and others. The fact that Ethereum was added by default is another evidence that many big tech companies are not underestimating Ethereum’s technology.
12. Intel
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Intel is the giant tech company who made a name for itself thanks to its processors for the computers. As for its blockchain adventures, Intel has been supporting various initiatives, including R3, Hyperledger, and the Enterprise Ethereum Alliance (EEA). Intel was also the founding member of the EEA.
Intel is using the typical “diversification” strategy with its Hyperledger and R3 initiatives. But, of course, it also gives a chance to public blockchain ecosystem, hence why it’s supporting Ethereum and even gave birth to the EEA.
13. JP Morgan Chase
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The famous JP Morgan has been notoriously criticizing public cryptocurrencies like Bitcoin and even Ethereum but it also has repeatedly stated its support to the underlying technology behind cryptocurrencies, which is the blockchain.
JP Morgan has its own blockchain platform that’s called Quorum, and as everybody knows, Quorum is an enterprise-focused version of Ethereum itself. JP Morgan is hoping that by removing the crypto aspect from Ethereum blockchain technology, it will be able to use the blockchain tech for various use cases without the speculative aspect of cryptocurrency.
14. Microsoft
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Microsoft has never shied away from its ties to the blockchain technologies. Microsoft has been a member of Enterprise Ethereum Alliance (EEA) and has integrated Ethereum into Microsoft Azure since 2015. Last year (2019), Microsoft released Ethereum App Development Kit for Azure Cloud, which is a huge step toward further Ethereum adoptions.
It’s widely believed that Microsoft has been closely monitoring Ethereum’s advancements. If Ethereum can prove its worth in the next few years, it won’t be surprising to see more Ethereum integrations into Microsoft services (not just Azure).
15. Overstock
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Overstock is a retail giant and its previous CEO (who stepped down in 2019) Patrick Byrne is a huge crypto fan. Since 2017, Overstock has officially accepted Ethereum as a form of payment in its platform (among other cryptocurrencies). Overstock itself has been accepting BTC payments since 2014.
The fact that Overstock allows its users to pay with Ether (ETH) is a strong testimonial and acknowledgement to Ethereum’s valuation in the crypto ladder.
16. Samsung
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Samsung, the biggest company in South Korea, has been playing and experimenting with cryptocurrencies and blockchain technology since years ago. In 2019, it released a blockchain SDK, and it also issued an official crypto wallet application for its last year’s flagship phone, the Samsung Galaxy S10.
Inside this same wallet application, Ethereum is natively supported. This great news was made possible thanks to Samsung’s partnership with Enjin Coin (which is operating on Ethereum blockchain).
17. Siemens
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Siemens is a huge tech company and it has officially partnered with LO3 (a blockchain startup) to develop an Ethereum-based P2P energy transfer project. It is claimed that LO3’s initiative called TransActive Grid would partner directly with Siemens’ microgrid control technology.
The involvement from Siemens would tremendously help LO3 and (eventually) the always-expanding use cases of Ethereum technology.
18. Signature Bank
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Signature Bank has been exploring crypto token’s use cases because they could see the real potential behind cryptocurrency. Just like all the existing stablecoins with their growing popularities, Signature Bank believes there’s a huge potential for its own USD-based stablecoin.
Signature Bank issued Signet Platform, which is a blockchain-based payment ecosystem. Signet itself is the permissioned version of Ethereum. The fact that Signet (and many other permissioned blockchains) utilize Ethereum is another proof that Ethereum is considered one of the best options by traditional companies.
19. UBS
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UBS is another traditional financial company that has been putting its faith on Ethereum. A group of financial companies led by UBS was reported to be testing Ethereum to help them comply with the EU trade data standards. In this case, Ethereum was being used to make sure the data accuracy and consensus.
As everybody knows, Ethereum blockchain is immutable due to its decentralized nature. UBS believes the blockchain technology can help them and the EU to be more responsible with data.
20. VMWare
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VMWare is a popular company that’s specialized in cloud infrastructure and digital workspace technology. VMware has its own blockchain specialization that they call “VMware blockchain”. Its blockchain service includes support for leading execution environments such as DAML and Ethereum Virtual Machine (EVM).
VMWare sees the potential in using the EVM as part of its Blockchain-as-a-Service (BaaS) solution.
