5 Biggest Companies That Might Be Disrupted By Blockchain Technology

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1. JPMorgan Chase & Co. (NYSE:JPM)

As the largest bank in the US, JPMorgan Chase & Co. (NYSE:JPM) stands to be one of the largest companies that might be disrupted by blockchain technology. In addition, as a bank, JPMorgan Chase & Co. (NYSE:JPM) is at the forefront of the blockchain technology evolution as financial companies are the first to embrace technology and seeking ways to use it to their benefit. As stated previously, JPMorgan Chase & Co. (NYSE:JPM) is part of the Enterprise Ethereum Alliance. In addition, in October JPMorgan launched a new payment processing network in partnership with Royal Bank of Canada (NYSE:RY) and Australia and New Zealand Banking Group. The Interbank Information Network is based on blockchain and allows payments to be transferred faster, with fewer steps and provides better security.

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These are five biggest companies that might be disrupted by blockchain technology. There are many more companies that might be disrupted by blockchain, especially the industry peers of the five companies mentioned in this list. Moreover, the list of industries itself is much larger as blockchain might also disrupt a lot of other processes in the healthcare, education and even government and voting sectors.

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