New polls show the growing popularity of Blockchain among corporate executives

A number of surveys have implied that blockchain technology is becoming increasingly popular in the eyes of global business executives. Recent data reveal that trust issues could limit adoption.


As the blockchain sector continues to expand, more and more companies and top managers are returning to its merits.

Bitcoinist recently reported that 70% of executives who participated in the 2018 Blockchain Survey of Deloitte qualified as "excellent" or "expert" on the topic of blockchain technology.

The survey consisted of 1,053 senior executives in countries such as Canada, China, France, the United Kingdom, and the United States. All respondents worked at companies with $ 500 + million in annual revenue.

 Bitcoinist recently reported that 70% of executives who participated in Deloitte's Blockoin Survey 2018 were classified as

Industry giants such as IBM and PricewaterhouseCoopers (PwC) have invested significant amounts of time and money in blockchain research. In 2016, PwC created a team of specialists to investigate the technology rejected by customer demand.

 Industry giants such as IBM and PricewaterhouseCoopers (PwC) have invested significant amounts of time and money in blockchain research.

At the beginning of August Bitcoinist noted that IBM had a force of over 1,600 people working on a variety of blockchain-related projects. One person suggested that the company spend $ 160 million in blockchain business.

On the issue of trust, Pwc's Blockchain leader Steve Davies noted that the lack of a clear business case leads to stalled projects.

He explained how companies need to do a better job of understanding how to deal with trust and regulation issues by incorporating these solutions into their design.

Davies beli avoids that blockchain needs an "ecosystem to support it, with rules, standards and flexibility."

What do you think of the latest results of the PwC survey? What can be done to resolve trust problems to help increase the adoption of blockchains? Let us know your thoughts in the comments below!


Images and media courtesy of PwC, Shutterstock, Twitter.

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