Here's what two executive surveys revealed about blockchain adoption
Surveys of corporate executives by two professional services consultancies this week revealed enterprises are on the path to deploying blockchain ledgers for business automation and transaction efficiency.
The survey reports, from PwC (PricewaterhouseCoopers) and Deloitte, showed that thousands of respondents are running blockchain projects, and as many as one in three already have it in production.
PwC's report, published on Monday, revealed that 84% of 600 executives surveyed indicated their companies are "actively involved" with blockchain: 20% are in the research phase, 32% are in development mode, 10% are in pilot with the technology, 15% are running production blockchain ledgers, and 7% have paused their projects. The remaining 14% indicated they are not involved with blockchain technology.