Global Custodian Spring 2019 | Page 37

[ M A R K E T R E V I E W | B L O C K C H A I N ] Survey respondents’ attitudes on blockchain and its adoption Blockchain technology is broadly scalable and will eventually achieve mainstream adoption Suppliers, customers, and/or competitors are discussing or working on blockchain solutions to address challenges in the value chain Executive team believes there is a compelling busi- ness case for use of blockchain technology Planning to replace current systems of record (e.g., financial ledgers, CRM and ERP modules, invento- ry tracking systems, etc.) with blockchain Will lose a competitive advantage if we don’t adopt blockchain technology Blockchain technology will disrupt our industry Blockchain is overhyped 84% 77% 74% 69% 68% 59% 39% Percent of respondents who somewhat/strongly agree with the statements Percentages equal more than 100 percent because respondents were allowed to submit more than one answer. Source: Deloitte Spring 2019 globalcustodian.com 37