Global Executives’ Perception of Most Advanced Industry in Developing Blockchain

Proof Point

Financial services identified in global PwC study as most advanced industry in developing blockchain in 2018

Global Executives' Perception of Most Advanced Industry in Developing Blockchain

2018 (percentage)

Note: Data based on PwC’s 2018 Global Blockchain Survey of 600 blockchain-savvy executives from 15 territories, including United States, United Kingdom, Denmark, India, China, Australia, Japan, Hong Kong, France, Italy, Singapore, United Arab Emirates, and Germany; 31% of companies have revenues of more than US$1 billion. Data may not add up to 100% due to rounding off.

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
  • Financial Industry Lead – 46% of executives surveyed by PwC globally named financial services as leader in blockchain advancements in 2018
  • Other Blockchain Leaders – Industrial and manufacturing (12%), energy and utilities (12%) and healthcare (11%) distantly follow
  • Industry Adoption – Mostly due to rapid developments in tokenization of real and virtual assets, large initial coin offerings funneled into blockchain platforms, and developments in enterprise software platforms for data management in various functions such as finance, HR and customer relationship management

Accelerator

Sector

Energy, Financial Services, Government (excluding military), Healthcare/Health Sciences, Industrial Manufacturing, Media and Entertainment, Wholesale and Retail Trade

Function

Cross-Function

Source

Date Last Updated

March 13, 2019

Leave a comment