Deloitte’s annual global blockchain survey has found that 76% of finance professionals think that digital assets “will serve as a strong alternative to, or outright replacement for, fiat currencies in the next 5–10 years.”
Deloitte is one of the “Big Four” accounting firms along with KPMG, EY, and PwC. It’s conducted a blockchain survey for the last four years. 2021’s survey is the first to explicitly cover the commercial activities enabled by blockchain.
The firm surveyed more than 1,000 finance professionals based in Brazil, China, Hong Kong, Japan, Singapore, South Africa, the United Arab Emirates, the United Kingdom, and the United States. It was conducted between March 24 and April 10, the heyday of the cryptocurrency market this year.
81% of respondents agreed that the technology is “broadly scalable and has achieved mainstream adoption.” 73% thought that their business should adopt blockchain and digital assets, and would lose a competitive advantage if t
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