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Blockchain Adoption Is Moving Slowly For Organizations, But Many Are Considering Its Implementation

Emily Mason

Summary: Adoption of blockchain by large companies for streamlining supply chain operations is moving slowly, according to a recent report by the Capgemini Research Institute. The study showed that only 3% of 447 organizations surveyed are implementing blockchain technology on a wide scale. 87% of companies surveyed are in the proof-of-concept stage of development while 10% have moved ...

Adoption of blockchain by large companies for streamlining supply chain operations is moving slowly, according to a recent report by the Capgemini Research Institute.

The study showed that only 3% of 447 organizations surveyed are implementing blockchain technology on a wide scale. 87% of companies surveyed are in the proof-of-concept stage of development while 10% have moved into experimental trials.

Cost savings and enhanced transparency were the two leading drivers for companies adopting blockchain technology.

By Emily Mason

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