TECH SUPPLIER Mar 2021 - IDC Survey Spotlight - Doc # US47551920

Concerns About Implementing Blockchain

By: James WesterResearch Director, Worldwide Blockchain Strategies

Abstract

This IDC Survey Spotlight details the impacts of COVID-19 on financial services, supply chains, healthcare, retail, and many other markets that have renewed interest in the ability for blockchain and decentralized platforms to provide resiliency and redundancy to vulnerable systems like supply chains, international trade, and payments. In addition, blockchain is showing promise in establishing trust within industry ecosystems. However, there are still many questions regarding the technology. This IDC Survey Spotlight shows that, even as companies are generally satisfied with their implementations, these current users of the technologies have concerns that vendors must be aware of.


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