Proof Point
U.S. perceived by executives in PwC study as most advanced in developing blockchain projects in 2018, with some expecting that China will overtake it between 2021 and 2023
Global Executives' Perception of Most Advanced Territories in Developing Blockchain Projects in 2018 and in Three to Five Years
2018 (percentage)
| Note: | Data based on PwC’s 2018 Global Blockchain Survey of 600 executives from 15 territories |
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
- Shifting Leads – 29% of executives surveyed by PwC believe U.S. as most advanced territory in blockchain development in 2018, but will be overtaken by China between 2021 and 2023
- Other Strong Territories – Australia, Japan, India, Denmark, Hongkong, and U.K. were also named as leaders in blockchain developments
- Key Growth Drivers – Include continuous expansion of blockchain use-cases across industries and territories, potential benefits of blockchain technology on existing business processes, and easing national regulations on blockchain technologies
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Date Last Updated |
March 1, 2019
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