“We view blockchain as the skeleton of our work,” says Jack Lee, the founder of Foxconn’s venture capital arm, which has invested $40 million in six blockchain startups. To chronicle the rise of so called “enterprise” blockchain, Forbes has created its first annual Blockchain 50 list of big companies that are putting the technology to work in ­meaningful ways. As the commercial potential of co-opting blockchain technology became more apparent, many cryptocurrency startups began to rethink their models. The one group that is getting rich from the current enterprise blockchain gold rush: consultants. Part technology firm, part consultant, IBM may be the biggest and most successful enterprise blockchain company of all.

Source: Forbes April 16, 2019 09:56 UTC