SAP says 'It’s time to get real'




In a new study, SAP says 'Its time to get real'. Citing from Gartners report "on Peak of inflated Expectations" about Blockchain Technology, SAP decided to embark upon a new survey on the technology which covers hundreds of organisations currently engaged Blockchain to uncover realities.

The survey covers the results of the Blockchain future promise, current use cases, market adoptation, business impact.

The results of survey reveals interesting facts. These are mainly
Participants are optimistic about the future of the technology.
%92 sees technology as an oppurtunity.
The most promising use cases are identified as
Supply chain and IoT: %63
Legal and regulatory: %19
Cryptocurrency: %8
Sustainability: %3

In the study, SAP involvement on the blockchain technology is viewed by the participants as a major step forward to advance and accelerate further the progress of the technology especially on supply chain, manufacturing IoT markets. 

The majority of the participants would join SAP-led Blockchain consortium.