“80% of companies are not using blockchain”

According to a survey on the developer community website, Stack Overflow, 80% of companies are currently not using blockchain.

According to the results of this site’s survey of 90,000 developers, 12.7% of respondents said that their company or organization is using blockchain in applications other than cryptocurrency, 4% and 2.1% said cryptocurrency. It said that it is accepting as a payment method. In addition, 1.3% said they are implementing cryptocurrency themselves. Indian developers have the highest percentage of responding that their organizations or companies are using blockchain technology.

Among the respondents, 29.2% said that the blockchain is convenient to access various areas and has the potential to change various areas of life. However, still 26.2% thought that even if it was convenient with record keeping technology that could not be changed, it would not work with currency, and 12.2% thought it was effective as a distributed currency app.

In addition, 15.6% said they thought they were irresponsible for the use of resources, and 16.8% said they thought blockchain technology was a fad. According to the results of this survey, it was found that the younger or inexperienced developers who are optimistic about the usefulness of the blockchain technology, and the more experienced developers, the more the more experienced developers show the idea that the blockchain technology is an irresponsible use of resources. Related information can be found here .