Yesterday EY published survey results on the perception of blockchain in the Asia-Pacific region, revealing a lack of confidence in and understanding of the technology.
Ultimately, Asian-Pacific firms do not trust blockchain. Of the companies that participated in the survey, 68% estimate that the biggest obstacle to blockchain adoption is a lack of education and understanding of the technology amongst boards and executives.
Moreover, 66% of respondents think they need a more robust understanding of how blockchain can benefit their organizations, as well as the risks involved, before considering implementing it.
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