A recent audit by Deloitte Audit shows that nearly 40% of respondents from major tech companies worldwide have blockchains in production today – and about nine in ten believe blockchain will become more important in the next three years.

According to a poll by Deloitte 2020 Blockchain Global conducted from February 6 to March 3, 2020, 39% of 1,488 top executives and practitioners in 14 countries said they had already included blockchain in their companies’ production – an increase of 16% compared to last year’s figures. This figure rises to 41% if you look at companies with more than $ 100 million in revenue.

The survey involved respondents from Brazil, Canada, China, Germany, Hong Kong, Ireland, Israel, Mexico, Singapore, South Africa, Switzerland, the United Arab Emirates, the United Kingdom and the United States, who have at least a broad understanding of blockchain, digital assets and distributed ledger technology. ”

Blockchain is an increasing priority

The study showed that many companies are more aware of blockchain technology and the potential of digital assets in the future.

The report said that “about 89% believe digital assets will be very important or something important to their industries over the next three years.” “The vast majority (53%) said digital assets will be very important.”

According to Deloitee, these high numbers may be related to hiring. The giant in the survey said that 82% of those surveyed said they would hire employees with “blockchain experience” over the next 12 months. Almost the same percentage – 83% – said they would lose the competitive edge if they didn’t go to the blockchain methodology.

However, not all responses to blockchain innovations were positive. The survey found that 54% of those surveyed believe that “blockchain is overrated,” compared to 43% who said the same in 2019 and 39% in 2018.

China stands out
Deloitte said blockchain adoption was more acceptable in some countries. For example, while 31% of those surveyed in the US said they already have a blockchain in production, that figure was almost doubled – 59% – in China.

Digital assets are becoming increasingly popular in Asia. Among respondents from China, 94% said they “determined” or “to some degree” believed that digital assets would be an alternative or alternative to paper currency over the next five to ten years.

Despite the Deloitte poll being carried out in the early stages of the epidemic, Cointelegraph reported in a similar poll in April, showing that interest in the blockchain series in China has dropped sharply, while 70% of those surveyed are still optimistic about the potential .