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Note: this article is not intended as an endorsement or any kind of positive orientation towards the ICO of FOTON. The author has no opinion dell & # 39; ICO. The article only covers the results of the survey conducted by suppliers during this month.
According to a survey conducted by FOTON, a blockchain banking product funded by the ICO that will not materialize until March on the basis of funding efforts, 3% of US Internet users of all ages are ready to use today a product or banking app blockchain.
The survey was presented to 5,000 American Internet users at the beginning of December. His results were made available at CCN this week.
A much larger proportion of these, 34%, would be willing to use blockchain banking solutions if they thought they were ready at the moment, which is not possible.
A full 63% was explicitly opposed to the idea of using the blockchain banking at the time of the investigation. It is more than double those who would consider better products and 20 times the number of people (150) who were ready to dive.
The FOTON incentive to conduct the survey is gathering information on the market that they intend to enter with their bank solution, which, again, is still in the early stages of ICO funding at the time of writing. Without a minimum product to change, they can be open and receptive to user feedback. As such, they have developed ideas of this type:
The willingness of the big banks to implement and guide various pilots. These not only validate the technology, but also the return on investment and the added value created.
While Ripple and R3 have collaborated with several large banking institutions and banks such as BBVA have pioneered the intersection between their industry and the blockchain, over 3,000 out of 5,000 respondents see no real advantage in decentralized accounting technologies.
Blockchain has become a word of good faith order throughout 2016 and 2017, but the bearish market of 2018 has led to reduced interest in the industry in general. However, the technology is not going anywhere, and as the FOTON report points out:
90% of North American and European banks are exploring the blockchain.
Two years ago, IBM believed that 65% of banks would use blockchain technology in 2019. This is unlikely to happen. Some estimates put the value of all blockchains in trillions by 2030. None of these predictions could be realized as long as users have an inherent lack of confidence in the technology. As such, potentially the real winners in the coming years of crypto will be those who develop the product that increases the demand of retail users, thus pushing the banks and investment companies even more into space.
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