The 2018 PWC survey on blockchain
In Aug 2018, PWC published the results of a survey of 600 executives from 15 territories on blockchain. 84% participants said that their organisations have at least some involvement with blockchain technology.
A distributed, tamperproof ledger, a well-designed blockchain doesn’t just cut out intermediaries, reduce costs, and increase speed and reach, it also offers greater transparency and traceability for many business processes. Gartner forecasts that blockchain will generate an annual business value of more than US $3 trillion by 2030. It’s possible to imagine that 10% to 20% of global economic infrastructure will be running on blockchain-based systems by that same year.
It was no surprise that the industry leading the charge was Financial servcies, where turst is the key issue and has inefficiences due to its many intermediatries. Also, a lot of banking is digitial and Blockchain being a digital technology is ready to take this sector to the next level.
More details at https://www.pwc.com/blockchainsurvey