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They estimate that the blockchain investment in Spain could exceed 90 million euros this year

May 29, 2020

In Spain, investments in blockchain technology could reach $ 103.5 million in 2020, with continued growth of 54% by 2023According to Ametic’s collaboration with ICEX and Realsec, State of the Art of Blockchain in the Spanish company report, which will reach $ 377.7 million. This was reported by a publication on the Merca2 portal.

According to this publication, the study detailed the potential of the blockchain market from a European and Latin American perspective to determine Spain’s current position This increase is led by the financial sector in terms of investment volume.

“The report also includes a survey of 400 companies across different industries that shows this Currently only every tenth company in Spain works with blockchain, both in the pilot phase and in the production phase. The most valued benefits include transaction security and the strengthening of users’ digital identities.”Stated the Merca2 article.

They estimate that the blockchain investment in Spain could exceed 90 million euros this yearThey estimate that the blockchain investment in Spain could exceed 90 million euros this year

“41% of companies that are not yet using blockchain say they still don’t understand how this technology can help them transform their business, while 32% say that their current processes are already defined without including blockchain . “This publication will be detailed later.

On the other hand, they made it clear that 48.3% of the companies surveyed believed that this technology had only a small share of the effects on their digital strategies. And even though they understood that it is a technology with potential, it is still not very mature.

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