Companies’ Planned Investment on Blockchain Technology in 2019

Companies' Planned Investment on Blockchain Technology in 2019
Companies' Planned Investment on Blockchain Technology in 2019

Proof Point

Deloitte study found that more than six in ten companies with revenues of $500 million or more are planning to invest at least $1 million in blockchain technology by 2019

Companies' Planned Investment on Blockchain Technology in 2019

2018 (percentage)

Note: Data from Deloitte’s 2018 Global Blockchain Survey of 1,053 senior executives in companies with $500 million or more in annual revenue across seven countries including Canada, China, France, Germany, Mexico, United Kingdom and United States

Proof Point Findings

  • Blockchain – Distributed digital ledgers that record, authenticate and prevent duplication of transactions using algorithms and specific set of rules, without need for central authority
  • Blockchain Priority – 65% of respondents in Deloitte survey plan to invest at least $1 million in blockchain technology by 2019, with 16% mentioning investment budget of $10 million or more
  • Uninterested Organizations – 5% of companies do not have investment planned for blockchain technology by 2019
  • Key Growth Drivers – Include continuous expansion of blockchain use-cases across industries, potential benefits of blockchain technology on existing business processes, and proliferation of companies offering blockchain-based third-party solutions

Accelerator

Business Model and Practices

Business Model
and Practices

Sector

Cross-sector

Source

Date Last Updated

December 13, 2018

Leave a comment