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Blockchain Is Being Taken Seriously by Companies, Deloitte Finds

Deloitte finds that blockchain is more than lip service.

Blockchain Is Being Taken Seriously by Companies, Deloitte Finds
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)

(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.

Blockchain Is Being Taken Seriously by Companies, Deloitte Finds
  • 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.

To contact the reporter on this story: Olga Kharif in Portland at okharif@bloomberg.net.

To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Dave Liedtka, Eric J. Weiner

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