From the course: Blockchain Basics
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Obstacles to broad blockchain adoption
From the course: Blockchain Basics
Obstacles to broad blockchain adoption
- The present and future promise of blockchain technology has captivated a sizeable community of global enthusiasts and advocates. The unique qualities of the software to solve difficult and complex issues, the innovative applications being deployed and its legions of users reflect the value that blockchain has already brought to the table. In the last couple of years, business leaders have moved from a wait and see approach to recognizing that they must move forward and invest in blockchain efforts to support their operational and market strategies. Despite this optimism, executives still point to some valid uncertainties and challenges that are muting broad and rapid adoption. In a recent survey of 600 executives by the global consulting firm PwC, a significant percentage of respondents said their organizations had some form of involvement in blockchain technology. Let's break down the numbers. Within these organizations, 14% had no projects underway, 20% were in the research phase…
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