84% of World's Largest Companies Conduct Blockchain Projects, PwC Study Finds
The technology of the large distributed register is the subject of several operational or pilot projects around the world. According to a survey of companies from 15 different countries, four out of five leaders conducted Blockchain initiatives.
A certain deployment of the Blockchain
The PwC cabinet revealed that 84% of the managers surveyed have already adopted the emerging technology . It is appreciated as much for its economic potential by reducing costs as for its disintermediation.
600 senior executives from 15 countries around the world answered PwC's questions such as: "The Blockchain is present in our everyday environment. What will be your next initiative? How would you describe the current involvement of your company (or organization) in the Blockchain? "
Only 14% of survey executives answered the second question. On the contrary, 15% say that their Blockchain project is already operational, 10% are at the pilot stage, 32% are currently developing their Blockchain system, and 20% are still at the research stage.
Steve Davies, a Blockchain Manager at PwC announced:
"Business leaders tell us that no one wants to be left behind by the Blockchain, although at this early stage of development, trust and regulation remain issues of concern. "The participating leaders believe that the energy and utilities and health and industry sectors should use Blockchain within 3 to 5 years.
Pauline Adam-Kalfon, an insurance associate and Blockchain Lab Manager at PwC, said:
"Creating and implementing the Blockchain to realize its potential is not an IT project. It is a transformation of the business model of the company, its roles and processes. "Yannick Assouad , General Manager of Aeronautical Equipment Latécoère, expressed his interest in Blockchain by addressing Reuters. She says the Blockchain could facilitate full control of the parts and materials supply chain . The assembly of aircraft would be meticulously monitored, which would promote an additional security measure.
China as the global hub of the Blockchain
China aspires to become a major blockchain hub within 3-5 years, according to the PwC study."The interest around the Blockchain is felt, the community is constituted and the technology evolves. Blockchain reduces costs, increases the reach, transparency and traceability of many business processes, "said Pauline Adam-Kalfon, both an insurance associate and Blockchain Lab Manager at PwC.What do you think of the PwC survey on interest in the Blockchain? Tell us in the comments section below.
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