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Future Is Bright For Blockchain Tech, Says Big Four Firm Deloitte

By Chris Torres | January 23, 2019
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Future Is Bright For Blockchain Tech, Says Big Four Firm Deloitte

Last week, Deloitte Insights has published Tech Trends 2019 report which revealed their recent blockchain survey result from more than 1,000 blockchain-savvy executives globally.

The report gave readers the forecasting view of mass adoption and expansion of blockchain technology all over the world in the near future. The worldwide spending on blockchain solution is expected to reach $9.7 billion in the next 2 years, according to International Data Corporation.

The Investment trend in blockchain is reportedly growing rapidly. For instance, 95% of over 1,000 blockchain elites from multiple industries are also making investments in distributed ledger technology.

Nearly half of the surveyors are willing to invest from $1 to $10 million in blockchain tech. The survey also revealed that enterprises with the largest investments come from Mexico, France, and Canada respectively.

Speaking of the areas that blockchain can make impacts in 2019, Deloitte said: “we will likely see breakthroughs in gateways, integration layers and common standards in the next few years.”

When being asked about the impact by blockchain, 59% of the respondents believe that their industries will welcome the entrance of the technology soon.

 

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