A graphic processing unit (GPU) cryptocurrency mining rig manufactured by Easy Crypto Hunter sits alongside a computer at the Crypto Investor Show in London, U.K. (Photographer: Mary Turner/Bloomberg)

Blockchain Is Being Taken Seriously by Companies, Deloitte Finds

(Bloomberg) -- Blockchain may be one of the hottest catchphrases among global companies right now, but a survey from Deloitte LLP finds that it’s more than lip service.

  • Some 43 percent of the respondents said blockchain is one of their top-five strategic priorities.
  • Almost 30 percent of respondents said they’ve already joined a blockchain-focused consortium, while 45 percent said they are likely to join one within a year.
  • Still, 22 percent of global respondents said they lack a compelling application to justify blockchain’s implementation.

©2018 Bloomberg L.P.

Stay Updated With Tech News On BloombergQuint