A common argument laid against the potential of the Ethereum blockchain to survive deep into the future is that no leading companies globally are building decentralized applications (dApps) on the platform or even utilizing it.
There are also taunts that the Ethereum Foundation or Consensys is supposedly funding the development of most dApps and use cases on the project’s network. However, those allegations are clearly unfounded.
There are several real-world dApps and corporations adopting the network of the second-largest crypto project after Bitcoin.
For the records, Ethereum was launched on 30 July 2015 as a platform for decentralized applications and is currently the leading platform for decentralized finance (DeFi), a concept that recently captured the crypto industry as popularized by Ethereum-based MakerDao.
Beyond DeFi, however, data shared on Twitter by Adam Cochran of internet privacy company, Duckduckgo, shows that Ethereum is seeing more real-world use cases by megacorps than critics believe.
You may have heard a crazy claim that “no one really builds on Ethereum” and that “all the products being built on Ethereum are paid for by the Ethereum Foundation or ConSensys”
Here are 359 reasons why that is wrong.
Let’s start with the megacorps:
— Adam Cochran (@AdamScochran) January 15, 2020
The world’s largest corporations including Nike, Microsoft, Intel, Uber, Amazon Morning Star, Ernst and Young, Accenture, Banco Santander, Credit Suisse, TD Ameritrade, Standard Chartered Bank, and recently NBA player Spencer Dinwiddie launched Ethereum-based decentralized solutions.
Interestingly, the data which Cochran referenced is further backed by our recent reports that learning Solidity was ranked by LinkedIn as one of the best skills sought by employees in 2020. Additionally, Ethereum topped the dApp rankings in 2019 ahead of competitors like Tron and EOS.
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