In Brief:
- Deloitte conducted the survey between March 24 and April 10, 2021
- 71% of overall survey respondents identified cybersecurity as the biggest obstacle to the acceptance of digital assets.
According to the Deloitte survey, 76% of financial professionals think that digital assets will replace fiat currency in the next 5 to 10 years.
According to Deloitte’s 2021 Global Blockchain Survey, nearly 81% of respondents agreed that the technology is “broadly scalable and has achieved mainstream adoption.”
Deloitte conducted the survey between March 24 and April 10, 2021. The survey polled a sample of 1280 Senior executives and practitioners in 10 locations. It includes Brazil, China Mainland, Germany, Hong Kong SAR, Japan, Singapore, South Africa, United Arab Emirates, UK, and the U.S.
The most of respondents, 80% answered digital assets will be “very important” to their respective industries in the next 2 years.
The survey covered FSI Cohort respondents who had at least a general understanding of blockchain, cryptocurrency, and FSI Pioneers. These are respondents whose organizations have already deployed blockchain solutions into production.
73% thought that their business should adopt blockchain and digital assets and would lose competitive advantage if they didn’t adopt the technology. Nearly 70% of overall survey respondents identified data security regulation in greatest need of modification vs. 63% of FSO pioneers. 71% of overall survey respondents identified cybersecurity as the biggest obstacle to the acceptance of digital assets.
43% of the respondents the new payment options represent a “very important” role for digital assets. Among their elderly executives, this figure stands even higher at 63%.
