{"id":273383,"date":"2018-08-28T07:27:56","date_gmt":"2018-08-28T05:27:56","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=273383"},"modified":"2018-08-28T07:28:30","modified_gmt":"2018-08-28T05:28:30","slug":"most-companies-arent-diving-into-blockchain","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/cryptocurrency\/273383-most-companies-arent-diving-into-blockchain.html","title":{"rendered":"Most companies aren’t diving into blockchain"},"content":{"rendered":"

Need more evidence that blockchain isn\u2019t the cure-all for Corporate America? Well, a new report from PwC says adoption of the technology is stalling.<\/p>\n

While many companies are researching or tinkering with the distributed-ledger technology, only 15 percent of them have a live project and only 10 percent are piloting blockchain\u2019s use, according to PricewaterhouseCooper\u2019s survey of 600 global executives.<\/p>\n

Costs of replacing and integrating with legacy infrastructure are to blame in large part, Grainne McNamara, a principal at PwC, said in a phone interview. Many organizations are also having a hard time proving that the technology is better than what they already have and offers a good return on investment, she said.<\/p>\n

“It\u2019s a little bit stunning how stagnant it is,” McNamara said. “A lot of people took a few steps and are pausing before the bridge. They might be having a hard time articulating the ROI.”<\/p>\n

\"PwC<\/a><\/p>\n

Now read:\u00a0Cryptocurrency tycoons are going to find out how much they are really worth<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

Need more evidence that blockchain isn\u2019t the cure-all for Corporate America? Well, a new report from PwC says adoption of the technology is stalling.<\/p>\n","protected":false},"author":341034,"featured_media":248206,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[44696],"tags":[53377,43140,48667,6517],"class_list":["post-273383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-blockchain-adoption","tag-companies","tag-enterprise","tag-pwc"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/273383"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341034"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=273383"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/273383\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/248206"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=273383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=273383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=273383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}