Do you think of yourself as an expert on blockchain? If so, you are far from alone.

According to a new survey by the Deloitte consulting firm, more than 70 percent of the executives who took part see themselves as either “excellent” or as “experts,” when it comes to blockchain.

Deloitte spoke to 1,053 senior executives in seven different countries including CanadaChina, Germany, France, Mexico, the United Kingdom and the United States. All worked at companies generating $500 million or more in annual revenue.

Deloitte said its survey shows just where blockchain is headed.

“While blockchain is not quite ready for primetime, it is getting closer to its breakout moment every day,” according to the report. “The academic hypotheses of five years ago are steadily becoming a reality. Momentum is shifting from a focus on learning and exploring the potential of the technology to identifying and building practical business applications.”

ThirtyK Staff
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