Deloitte’s2019GlobalBlockchainSurveyBlockchaingetsdowntobusinessDELOITTEBLOCKCHAINAtDeloitte,wecollaborategloballywithclientsonhowblockchainischangingthefaceofbusi-nessandgovernmenttoday.Fromphysicalassettraceability,clinicalsupplychain,globaltradefinance,cross-borderpaymentsandremittances,post-tradeprocessingtovotinganddigitalidentity—younameit.Rightnow,newecosystemsaredevelopingblockchainsolutionstocreateinnovativebusinessmodelsanddisrupttraditionalones.Thisisoccurringineveryindustryandinmostjurisdictionsglobally.Ourdeepbusinessacumenandglobalmultidisciplinarymodelhelporganizationsacrossindustriesachievetheirvaryingblockchainaspirations.Reachouttoourleaderstodiscusstheevolvingmomentumofblockchainusecases,prioritizingblock-chaininitiatives,andmanagingtheopportunitiesandpainpointsassociatedwithblockchainadoptionefforts.Let’stalk.1Introduction|22019surveyhighlights|3Blockchainhype,promises,andchallenges|7Keyissues|9Blockchainregionalanalysis|13Conclusion:Anevolvinglandscape|17Appendix|18Endnotes|44ContentsBlockchaingetsdowntobusiness2IntroductionSINCETHEFIRSTblockchainadvocatesbeganpromotingthetechnology’scapabilitiesoveradecadeago,leadersacrossindustrieshaveoftenseemedunsurewhattodowithit.Butin2019,somethingunmistakableappearstobehappening.Whathasemergedisasharedrecogni-tionthatblockchainisreal—andthatitcanserveasapragmaticsolutiontobusinessproblemsacrossindustriesandusecases.Thisisnotsomefar-flungvisionheldbylong-standingbelieversinthetechnology.Evenleaderswaryoftech-basedsolu-tionshavecometoseethelarger,transformationalimportanceofthetechnology.Thoughblockchainhasn’treacheditsfullpoten-tial,savvyexecutivessurveyedforDeloitte’s2019globalblockchainsurveyareconfidentaboutnewandevolvingusecases;theycontinuetoseethetechnologyasaconnectingplatformthatcanenablemanybusinessprocesses.Sinceourlastsurvey,1respondentsreportthatoverallcorporateblock-chaininvestmentisgrowingacrossmostsectorsasnew,practicalapplicationsgaintraction.Likeyoungcollegegraduatesquicklyadjust...