A survey by Ey conducted on more than 100 C-levels of companies and public administrations, to evaluate the perception of managers regarding technologies and, in particular, blockchain, revealed that there is a low level of knowledge, little culture business, doubts regarding privacy and regulation, rigidity of adaptation in this field The EY-Qiibee Blockchain Survey (presented at the EY Blockchain Summit) reveals a bleak picture on the blockchain. On a scale of 0 to 100, top managers rate their knowledge of the blockchain 48.
According to the study, the best known technologies are artificial intelligence, 5G and IoT, which however still remain at a value of 53 respectively. 52 and 51 out of 100. However, the blockchain is among the three technologies considered with the highest impact on the business by those who know it: 57% would like to implement it in the company, while 89% of those who plan the implementation of new technological solutions also invest in training tools. Doubts and obstacles to the adoption of this technology are privacy, cybersecurity and still unclear regulation. The study conducted by Ey underlines that the best known applications that the blockchain can have, according to top managers who, however, know only a few, are mainly traceability (for 24%) and the token economy (18%). This is followed by the use of smart contracts for process automation (15%); the implementation of blockchain-based loyalty processes (14%), the creation of Non-Fungible Tokens (13%) and the adoption of digital identity paradigms based on Self Sovereign Identity (11%). Only 4% know or have implemented DeFi use cases. According to 58% of the EY-Qiibee Survey respondents, current market regulation is not enough.
