In 2017, blockchain emerged as a major technology trend, supporting the rise of cryptocurrencies such as Bitcoin and Ethereum. Beyond the exchange of money, interest in blockchain is driven by an increased level of security, transparency, and traceability in transactions, a challenge often found within the finance, healthcare, real estate, and manufacturing industries.
Executive support of blockchain is also on the rise. A survey of 1,000 global leaders by Deloitte reported that 74% believe there is a compelling business case for blockchain in their organization. Another 78% believe that adding blockchain will eventually be a competitive advantage for their firm in their respective industry.
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