Home ยป 84% of Companies are Actively Involved in Blockchain

84% of Companies are Actively Involved in Blockchain

The vast majority of companies don't want to remain on the sidelines of the blockchain bandwagon.
news - 84% of Companies are Actively Involved in Blockchain

According to PwC’s 2018 Global Blockchain Survey, 84% of 600 executives from 15 territories have admitted their companies are dabbling in the technology.

45 percent of PwC respondents, which were largely business executives with technology responsibilities, told “trust” could be the main barrier in blockchain’s adoption.

news - 84% of Companies are Actively Involved in Blockchain

“In reality, companies confront trust issues at nearly every turn. As with any emerging technology, challenges and doubts exist around blockchain’s reliability, speed, security and scalability,” PwC said.

Among other key roadblocks for blockchain adoption, respondents have mentioned regulatory uncertainty, compliance concerns, intellectual property concerns.

As a reminder, according to a Cowen survey, 23 blockchain experts expect on average the technology will take 5.9 years to gain widespread adoption.



Join to our Telegram channel HYIP.com to be always up-to-date with the latest news of the cryptocurrency space.

Blockchain is the technology that underlies cryptocurrencies like bitcoin. It records transactions on a public, distributed ledger and gets rid of the need for a third party in most cases. The technology is touted as faster and more secure by advocates and is being tested for everything from health records to the legal marijuana industry.

Have your say!

0 0

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.

Sign Up