As blockchain technology matures, decision makers across industries worldwide see blockchain’s lofty promise of operational efficiency and business opportunity as reason enough to invest time, money and effort in experimenting with distributed ledger databases, consensus algorithms, and PKI cryptography technology to future-ready their companies.
LEARN MORE ABOUT BLOCKCHAINBlockchain is moving from an interesting talking point to a foundational element in modern enterprise computing strategy. That’s the key takeaway from our study of 3,000-plus decision makers across disciplines, geographies and industries, many of whom told us that blockchain experimentation has spread throughout their organizations, exceeding earlier expectations.
Respondents consider blockchain “very important” to their industry:
C-Suite leads other titles at
U.S. leads other regions with
Healthcare leads other industries with
Multiple “factors cited as the driving forces” for blockchain adoption. APAC and Middle East region respondents consider “disruption” (29%) as the most important reason vis-à-vis other regions.
However, manufacturing has the highest percentage of respondents who say they are planning to adopt open blockchain.
Platform selection is regarded as a serious challenge with the “level of difficulty” indicated as either high or medium by many.
Lack of expertise in building use cases is a top challenge as cited by many respondents.
Among the many external roadblocks, Privacy & Security and Scalability top the charts.
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EBOOK: DEMYSTIFYING BLOCKCHAINGain deeper insight into the perspectives of senior executives on blockchain and the major factors affecting its adoption.
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