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Topic: A very positive sign: 39% of companies now have blockchain in production - page 2. (Read 659 times)

legendary
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Deloitte reported blockchain adoption was more accepted in certain countries. For example, while 31% of respondents in the United States said they already had blockchain in production, this number was nearly double—59%—in China.


If you call blockchain a scam in China you can be trialled on court. So no wonder companies there take blockchain seriously. It is a directive from their government.
hero member
Activity: 2086
Merit: 603
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The survey revealed many firms are increasingly prioritizing blockchain technology and the potential of digital assets in the future.

May be it's just associated with the use of current blockchain technology so that these giants can implement its characteristic for their internal use. I don't see it's potential effect on "crypto currencies" if you are thinking that way. This is anyway public ledger and anyone can use its potential.

Considering the banking sectors and it's security which is always at highest stake may do such adoption.

Some of them might just be using it for added security of their data centers and robust use of irreversible content destruction.

It's not limited to transactions or money stuff but it overwhelms it's potential. So those companies who got surveyed could be actually versatile, such as, marketing firms, website hosting, e-commerce, banks, credit cards, data storage or clouds etc.
legendary
Activity: 2170
Merit: 1789
Does not necessarily translate to 'crypto price go brr' though. It's no doubt becoming a thing. A project that I followed got more clients this year which instead of building their own chain, they use their chain instead to save cost and time. This business model is likely going to be a new trend in the future. If business decided to build their own blockchain anyway, pretty sure there won't be any fancy ICO or something like that, it's likely going to be a closed/private chain.

So yeah, exciting times for new tech to be adopted, but not a green light if you hope for continuous price pump.
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