According to a survey by CB Insights, the word ‘block chain’ is mentioned in the earnings advertisement in the US. This is the first increase in nearly two years.
Therefore, it is important first of all to know what is a profitable connection, which consists of a conference between the public company administration itself, investors, analysts and the means to discuss the financial performance of the company for a certain period of time.
That is why, according to all the data that CB Insights has obtained, the number of mentions of the block chain in these conference calls has risen by some twenty-five per cent. Thus, reaching exactly 125 references in only the fourth quarter of 2019.
Research: Enthusiasm directly linked to Blockchain technology has grown significantly
It is important to note that this is the first quarterly increase in the references mentioned with a maximum of around 275 at the beginning of 2018.
The mention of technology at these telephone conferences means that they have significantly renewed their approach in order to promote innovation and also to save costs for listed companies.
In fact, 2019 was one of the best possible years for block chain technology. Previously, this technology was rather perceived as completely useless. There was no real application that showed its potential. Over the course of the year, however, the block chain has managed to win over some really important allies that are catalysing its adoption. This also includes China.
The three most important companies
That is why this report showed that only three companies represent more than sixty-five percent of the more than one thousand references.
Overstock – the company was founded in 1999 and became even more famous as the first large retailer to start accepting bitcoins in 2014. But that’s not the end of the story. He also decided to investigate the block chain technology itself.
The adventure in this technology really begins with the launch of Medici Ventures, which then launched its own cryptocurrency called TZERO.
In this way, the company gradually renews the concentration of its activities around the use and also the development of block chain technology have exactly 307 references.
Xunlei Limited – maybe you have ever heard of this company, which is an international technology company. The adventure in block chain technology began in 2017 when the company announced that it would become a blockchain-based company and would also launch a new product called OneThing Cloud based on blockchain technology.
IBM – this, of course, cannot be excluded from the first three companies. It is a technology giant that has made a lot of effort to implement block chain technology itself. It has also made some very important associations. At the same time, it is in third place. They have exactly 164 references.
A little more can be read in other articles. Therefore, those interested in the subject are encouraged to read more.