the blockchain will best show itself in the tokenization of assets and payments
Digital Currency Group (DCG) conducted an annual survey of its customers and found that they expect the main use of blockchain in payments and asset tokenization.
The survey showed that about a quarter of respondents expect that blockchain will mainly be used to tokenize assets. 30% of respondents believe that distributed Ledger technology will find its application in the field of payments.
The respondents also noted that blockchain will be used in user identification and property rights determination to create decentralized markets. According to 7.58% of respondents, blockchain will find application in the field of security technologies, and 4.55% of respondents noted the usefulness of blockchain in tracking supply chains.
But about Bitcoin, respondents answered more definitely-71% of respondents expect that over the next 5 years, the first cryptocurrency will act as a means of storing wealth. Other survey participants noted the use of bitcoin in trade, international payments, payment networks and to counter authoritarian regimes.
Almost a third (31%) of respondents believe that the efforts of regulators in 2019 are insufficient, and more than half (53%) called the position of regulators the “main enemy” of blockchain and cryptocurrencies
Published at Sat, 12 Oct 2019 05:38:04 +0000
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