11% Of Business In Spain Use Blockchain Technology, Report

[LeziT]

A recent study by business consulting firm IDC Spain found that businesses are using the blockchain more than ever in the country.

The use of decentralized technologies is growing in Spain, and we are not just talking about cryptocurrencies but blockchain in general, especially for enterprise purposes.

From municipalities and public universities to corporations and industries, more and more businesses are adopting the blockchain in one way or another, increasing the ecosystem’s diversity and activity.

According to a report by business consulting firm IDC Spain, about 46% of large companies in Spain are in favor of incorporating blockchain and cryptographic technologies to increase their security.

The Use of Blockchain Technologies is Growing in Spain
The report, “State of the Art of Blockchain and Cryptographic Technologies in Spain,” was published by IDC in partnership with the technology company REALSEC. It evaluates how blockchain technologies have evolved in Spanish companies and shows more ambitious figures than those recorded in the first edition of its release.

The report also states that 1 in 4 companies in Spain have had exposure to blockchain technologies, yet 11% of the business sector actively uses a blockchain, a significant growth compared to the 1% recorded just one and a half years ago.

11% Of Business In Spain Use Blockchain Technology, Report
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