Foxconn, HTC made Forbes’ ‘Blockchain 50’ list

The American business magazine published its first blockchain list

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Blockchain grid

Blockchain grid (By Wikimedia Commons)

TAIPEI (Taiwan News) -- Forbes announced its first ever ‘Blockchain 50,’ a list of 50 companies spearheading blockchain technologies worldwide on Tuesday. (April 16) Taiwan’s Foxconn and HTC are on that list.

Forbes’ editors chose among a list of companies that use blockchain platforms in business operations, had at least US$ 1 billion of valuation or sales, and those having operations in the United States.

Foxconn, one of the 50 companies, launched a startup, Chained Finance, in Shanghai, China, with a Chinese peer-to-peer (P2P) lender, according to Forbes’ feature story Blockchain goes to Work. The startup is alleged to soon be able to connect Foxconn with its suppliers on a blockchain platform using “its own token and smart contracts” for payments and financing.

Another Taiwanese company that was also on the list is Taoyuan-based HTC. Its new smartphone Exodus 1 and its application are ideal for crypto-owners who are seeking a safer way to store their bitcoins, litecoin, and Ethereum. The phone also offers a browser that is blockchain-friendly, reported Forbes.

The full list can be found on Forbes’ website.