Deloitte's new survey finds that over 70% of managers are "blockchain experts"


Blockchain technology has increased in popularity over the last 18 months, mainly due to the incredible cryptocurrency rally at the end of 2017. A new study sheds light on how industry executives see themselves in relation to experts in this field. emerging technology. [19659002] "Excellent" to "Expert"

According to Deloitte's Blockchain Survey 2018, over 70% of the managers who took part are considered "Excellent" or "Expert" when it comes to blockchain.

The survey was held in 1,053 senior executives in seven different countries: Canada, China, Germany, France, Mexico, the United Kingdom and the United States. All respondents worked in companies that generated $ 500 million in annual revenue.

The fairly nascent technology does not seem to be a challenge for high-level officials in a range of industries such as oil and gas, food, technology, media, telecommunications, consumer products and manufacturing, automotive, health care, financial services and even life sciences.

Answers Worthy of an "expert"

32% of respondents said that higher speed is the biggest advantage of the blockchain of their respective industries. 28% said that blockchain can bring new business models and revenue sources.

Only 21% of respondents recognized an improvement in safety and reduced risks as a key advantage of distributed accounting technologies over existing solutions. Transparency, verifiability, immutability – all these have been omitted. 2% of respondents said they did not see benefits of blockchain technology compared to existing solutions.

 32% of respondents said that higher speed is the biggest advantage of blockchain in their respective sectors.

It is worth noting that this is a technology that was anticipated less than 10 years ago. According to to Bobby Lee, co-founder of YourBTCC, however, most of the projects involving Blockchain are simple databases.

Bitcoin's real blockchain was invented only in 2009. Anyone who uses a digital ledger calls him Blockchain, (without) for functionality. Complete intellectual dishonesty!

He also added that:

All the data entering the Blockchain must be independent and publicly verifiable, and therefore can be inserted by anyone.

Do you think Deloitte's survey accurately reflects the understanding of blockchain technology among executives? Do not hesitate to let us know in the comments below!

Images courtesy of Shutterstock.

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