TECH SUPPLIER Mar 2020 - Market Presentation - Doc # EUR145773720
Barriers to Blockchain Adoption in Europe
This IDC Market Presentation examines barriers to blockchain adoption in Europe. It looks at the blockchain adoption rates in 2019-2020 and analyzes survey results from respondents not adopting blockchain. Adoption barriers are divided into technical and non-technical — the former are intrinsic to the technology as it currently stands, while the latter are related to how companies and the world perceive and evaluate blockchain technology. Each barrier is examined and illustrated with an example from the business world. This IDC Market Presentation draws supporting data from several sources: IDC European Tech and Industry Pulse Survey, IDC European Digital Executive Sentiment Survey, and IDC European Blockchain Practice Research. The presentation ends with a recommendation on how the barriers can be overcome or their effects diminished.