Proof Point
Deloitte study found regulatory issues and implementation as top organizational barriers in increasing blockchain investment in 2018
Organizational Barriers to Greater Blockchain Technology Investment
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
- Top Issues – 39% of respondents in Deloitte survey answered regulations as top issue in increasing organization investment in blockchain, followed by replacing or adapting to legacy system (37%), potential security threats (35%), and uncertain return on investment (33%)
- Organization Focus – 28% of companies surveyed lack in-house skills/understanding, while 22% have no business interest in technology in 2018
- No Barriers – Only 6% of executives did not come across any barrier to greater investment in blockchain technology
- Key Growth Drivers – Include increasing sophistication and expansion of blockchain applications, proliferation of third-party blockchain enablers and service providers, and growing business demand for implementation of emerging technologies that can improve existing processes
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Date Last Updated |
January 21, 2019
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