Deloitte: Around 40% of Media Companies Ready For Blockchain Investments

August 30, 2018

According to the latest report by the consulting firm Deloitte, about 40% of all directors from media-related organizations have stated they are ready to invest some million dollars in blockchain research during the next year.

Deloitte has conducted a survey among 1,053 company heads in 7 countries that operate in the domain of telecommunications, IT and media. 84% of the respondents have proven to be convinced that Blockchain is going to get widely popular as time goes on with 59% of them having claimed that it can revolutionize completely the idea of how their enterprises must be organized, while 29% told, they have already joined a blockchain consortium.

The Deloitte experts have suggested that the total blockchain-oriented companies’ revenues may reach $2.3 billion by 2021 while it was just $340 million last year.

The authors also noted a hasty growth of the number of blockchain solution developers: the number of related programs uploaded to the GitHub platform from 2009 to 2016 has risen up to about 27,000.

Above all else, the researchers have added that over the first half of 2018 blockchain startups have been granted over $1.3 billion from venture capitalists.


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