Understanding Blockchain Potential | Blockchain Technology | Deloitte Netherlands

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Deloitte’s 2019 Global Blockchain Survey

Blockchain gets down to business

The blockchain story is beginning a new chapter, one in which the questions executives are asking are tougher, more granular, more grounded, and more pragmatic. The question for executives is no longer, "Will blockchain work?" but, "How can we make blockchain work for us?"

Blockchain is changing the faces of business and government

Since the first blockchain advocates began promoting the technology’s capabilities over a decade ago, leaders across industries have often seemed unsure what to do with it. But in 2019, something unmistakable appears to be happening. What has emerged is a shared recognition that blockchain is real—and that it can serve as a pragmatic solution to business problems across industries and use cases. This is not some far-flung vision held by long-standing believers in the technology. Even leaders wary of tech-based solutions have come to see the larger, transformational importance of the technology.

Though blockchain hasn’t reached its full potential, savvy executives surveyed for Deloitte’s 2019 global blockchain survey are confident about new and evolving use cases; they continue to see the technology as a connecting platform that can enable many business processes. Since our last survey, respondents report that overall corporate blockchain investment is growing across most sectors as new, practical applications gain traction.

Like young college graduates quickly adjusting their expectations after entering the workforce, executives have seen time and practical considerations refine and define their view of what is possible in using blockchain into what is plausible—and what is practical. What we’re seeing in 2019 is the continuing evolution of blockchain from a capable yet underdeveloped technology into a more refined and mature solution poised to deliver on its initial promise to disrupt.

 

Deloitte's 2019 Global Blockchain Survey

Get the full 2019 report here

About the survey

Deloitte’s annual Blockchain Survey provides insights into the hype, benefits and challenges surrounding this technology. The survey is based on interviews with 1,386 senior executives in twelve nations (Brazil, Canada, China, Germany, Hong Kong, Israel, Luxembourg, Singapore, Switzerland, United Arab Emirates, United Kingdom, and the United States) at companies with US$500 million or more in annual revenue for US respondents and at companies with US$100 million or more in annual revenue for respondents outside of the United States.

What do senior executives say about blockchain and the critical priority of their organization? Do senior executives believe that blockchain technology is broadly scalable and will eventually achieve mainstream adoption? And what are the organizational barriers to greater investment in blockchain technology? The answers to these questions, and more, are included in the 2019 Global Blockchain Survey report.

Download the free report here.

 

 
 
 

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More information

Do you want to know more on the Global Blockchain Survey, or blockchain technology? Please contact Jacob Boersma or Tommie van der Bosch through their contact details below.

 

 
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