What Are the Barriers to Increasing Adoption and Scale in Blockchain Technology According to Companies Worldwide? (% of respondents, March 2020)
Respondents were asked, "What are your organization's or project's barriers, if any, to increasing adoption and scale in blockchain technology?"
Data is from the June 2019 Deloitte "2020 Global Blockchain Survey." 1,488 senior executives in 14 countries at companies with $100 million or more in annual revenues from various industries were surveyed during February 6-March 3, 2020. Respondents had at least a broad understanding of blockchain, digital assets and distributed ledger technology (DLT) and were familiar with and able to comment on their company's investment plans in these areas. Respondents were from Brazil (n=50), Canada (n=116), China (n=211), Germany (n=141), Hong Kong (n=107), Ireland (n=33), Israel (n=50), Mexico (n=5), Singapore (n=109), South Africa (n=31), Switzerland (n=51), United Arab Emirates (n=40), the UK (n=167) and the US (n=377). 27% of respondents were from the technology, media and telecommunications vertical and 17% were from financial services; other verticals accounted for less than 10% each. 42% of respondents were C-suite, 33% upper management, 18% owner/partner and 6% board member. Included among the respondents was a targeted sample of 100 who are directly engaged in blockchain development projects and have received at least $3 million in venture funding within the past year.