Executives’ Attitudes on Blockchain and Its Adoption

Executives' Attitudes on Blockchain and Its Adoption
Executives' Attitudes on Blockchain and Its Adoption

Proof Point

Four in five global executives in 2018 Deloitte study agreed that blockchain technology is highly scalable and will eventually have widespread adoption

Executives' Attitudes on Blockchain and Its Adoption

2018 (percentage of respondents who somewhat/strongly agree)

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 Adoption – 84% of Deloitte survey respondents believe blockchain technology is broadly scalable and will eventually achieve mainstream adoption in 2018
  • Business Use – Three in four executives surveyed think blockchain can provide solutions to address value chain challenges as well as have compelling business use cases
  • Overhyped Technology – However, four in ten also believe that technology is overhyped
  • 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

October 8, 2018

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