A survey shows the impact of Blockchain

On several occasions we have mentioned that the Blockchain technology is revolutionizing each of the markets, being part of the 4th Industrial Revolution. On this occasion we show you evidence of this phenomenon, through the survey recently conducted by a British company, which is almost 200 years old.

The Blockchain 2018 survey of the "Big Four" of the Deloitte audit, published on August 27, reveals that technology is gaining significantly, albeit unevenly, in the executive-level traction of companies from various industries.

The Deloitte survey surveyed a sample of just over 1,000 top executives in seven countries: Canada, China, France, Germany, Mexico, the United Kingdom and the United States, in companies with annual revenues of $ 500 million or more.

As Deloitte points out, the survey focused on "blockchain-savvy" executives of the so-called "digital companies" instead of startups, that is, in companies that face the implementation of Blockchain solutions "limited by inheritance", instead of " Emerging disruptors "whose business models have been inspired by Blockchain in its infancy.

74 percent of all respondents said their executive team believes there is a "compelling business case" for the use of the Blockchain technology, and 34 percent said that some form of Blockchain implementation was already in process. Her organization.

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Deloitte offers the following interpretation of the results of the survey, which revealed some asymmetries and uncertainties regarding the current status of Blockchain at an inherited business level:

Deloitte considered that a certain delay in understanding that "blockchain represents a fundamental change in his business" explains in part because the percentage that sees a "convincing commercial case" (74 percent) for technology is more than double the percentage of those who already they have started their implementation (34 percent). In addition, the report noted that:

While the survey found that this residual vision of the "platform" still hinders innovation and large-scale adoption, it also found that regulatory concerns accounted for 39 percent of the respondents' reasons for not accelerating greater investment in the technology. The difficulties in adapting legacy systems represented an additional 37 percent.

However, from a longer-term perspective, 84 percent of all respondents "agreed or somewhat agreed" with the claim that the Blockchain technology is expandable and will eventually achieve widespread adoption.

Through oil and gas, food, technology / media / telecommunications, consumer and manufacturing products, and automotive industries, 80-87 percent of executives classified their knowledge of technology within the range of excellent to expert.

Deloitte affirmed that his general vision is that "the only real mistake that we believe that organizations can make with respect to blockchain at this moment is to do nothing", taking into account that adoption is "every day closer to its moment of rupture" "