83% of global business leaders believe they will fall behind competitors without blockchain.

Globally, 83% of executives report frustration that if blockchain technology is not introduced to their business, they will be abandoned in the market. Blockchain was once considered the only technology below in terms of virtual assets, but it has been considered one of the most technologically advanced applications in the industry. .

According to a survey conducted by Deloitte Group in Korea of ​​1,488 executives and experts in 14 countries and regions, Deloitte Group in Korea announced the '2020 Deloitte Blockchain Survey' report and said, "Blockchain is not. It's not a theoretical process," he said. A new tool to provide cheaper and safer service.

According to the report, blockchain technology is considered the most important for companies to improve their competitiveness, and it was signaled by the faster cost of production for companies. 55% of respondents said that "Blockchain has proven to be most important to companies that have been identified as one of their top five companies." This is a slight increase from 43% in 2018 and 53% in 2019.

The percentage of respondents who consider blockchain to be a general technology has also increased, from 86% last year to 88%. In this regard, 86% of respondents said that the use of blockchain technology in the jobs they currently hold is more attractive, and 85% of companies are discussing or developing blockchain problem-solving technologies to solve problems. they face today.

The share of companies introducing blockchain into their manufacturing processes this year stands at 39%, up from 23% last year. It found that 41% of annual businesses earning more than $100 million (about $1.174 trillion in earnings) and 46% of annual businesses earning more than $1 billion (about $1.174 trillion in earnings) used blockchain technology for their business.

When it comes to digital assets, 89% of respondents said they believe digital assets will be important to their business over the next three years. The percentage of digital assets that are in the current state of exchange rates or exchange rates will be close to 83% in the next 5-10 years. In China, the figure has risen to 94%.