A PWC survey says that by 2030 around 10% to 20% of the global economic infrastructure will be running on blockchain based systems. However, this number will largely depend on the adoption of blockchain technology. The infographic Barriers in Blockchain Technology Adoption Worldwide presents the extent to which organizations have already adopted it and the barriers that are blocking its further adoption.
The Central Blockchain Council of America’s infographic Barriers in Blockchain Technology Adoption Worldwide outlines:
- the extent to which blockchain technology has been adopted and,
- the prime barriers to its further adoption.
Findings indicate that while 84% of organizations are actively involved with the blockchain technology, 45% are stuck with trust challenges.
The infographic Barriers in Blockchain Technology Adoption Worldwide enlists the factors that are hindering adoption of blockchain technology in different organizations worldwide. Lack of trust and regulatory ambiguities have come out to be the prime concerns. Blockchain is expected to generate an annual business of more than USD 3 trillion by 2030.