In a recent study, IBM has found that 33% C-Suite executives surveyed are already using or considering blockchain in their business.
The study, part of a series of C-Suite studies, has been conducted by IBM’s Institute for Business Value. It is based on a survey on almost 3,000 executives across industries on how they intend to operate, generate revenue, and respond to customers, partners, and competitors alike using blockchain. The report in particular compares the organizations that are actively experimenting with, piloting or implementing blockchain – the Explorers – with those not currently considering blockchain.
Some of the surveyed CxOs said that they are counting on the technology to foster a new generation of transactional applications that are designed to establish trust, accountability, and transparency among an ecosystem of partners, to provide them with a competitive advantage.