Top 6 Chinese firms make Forbes' Blockchain 50 in 2021

Forbes released its latest Blockchain 50 on Feb 3, with six Chinese companies landing on the list this year.

The third annual Blockchain 50 features companies that lead in employing distributed ledger technology and have revenue or a valuation of at least $1 billion, according to the financial magazine.

Twenty-one newcomers—including the world's largest bank, the Industrial and Commercial Bank of China (ICBC), and four others from Asia—made their debut at this year's list, Forbes said.

Let's take a look at the top six Chinese companies in blockchain, as well as their rankings in the world:

6. Tencent

World Ranking: 46

Blockchain platform: FISCO BCOS

A Tencent sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, Oct 20, 2019. [Photo/Agencies]

5. Ping An Group

World Ranking: 35

Blockchain platform: FiMAX

The company logo of Ping An Insurance is seen in Beijing, Aug 27, 2020. [Photo/Agencies]

4. ICBC

World Ranking: 22

Blockchain platforms: ICBC Chain, Ethereum, Hyperledger Fabric, Tendermint

The logo of Industrial and Commercial Bank of China is pictured at the entrance to its branch in Beijing, April 1, 2019. [Photo/Agencies]

3. China Construction Bank

World Ranking: 9

Blockchain platforms: BC Trade 2.0, Hyperledger Fabric, Hyperchain

China Construction Bank displays digital finance at an expo in Fuzhou, Fujian province, on Oct 13, 2020. [Photo/IC]

2. Baidu

World Ranking: 3

Blockchain platforms: Baidu Xuperchain, Hyperledger Fabric

A worker cleans the floor near a Baidu AI robot at Baidu's headquarters in Beijing, on May 18, 2020. [Photo/Agencies]

1. Ant Group

World Ranking: 2

Blockchain platforms: AntChain, Hyperledger Fabric, Quorum

A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, on Oct 29, 2020. [Photo/Agencies]

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