Share this article
Juniper: 6 in 10 Corporations Are Now Planning Blockchain Integrations
The majority of large corporate executives say their firms are now in the process of deploying blockchain tech, according to a new survey.
By Wolfie Zhao
Updated Sep 13, 2021, 6:47 a.m. Published Aug 1, 2017, 9:00 a.m.
Make us preferred on Google
An impressive 57 percent of large corporate firms are either in the process of deploying blockchain technology or are currently weighing how to do so.
That's the latest finding from U.K.-based Juniper Research, which surveyed 400 corporate founders, managers and executives for its latest report.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Also notable in the research findings is that 66 percent of those firms already at the blockchain proof-of-concept phase envision working the tech into their current operations by the end of 2018.
These are a bullish figures, ones that reveal just how many companies are now developing blockchain prototypes and fleshing out potential commercial-scale products.
However, popularity aside, this isn't to say that most corporations understand fully the potential challenge they face in adopting the technology.
The report notes:
"Companies may have underestimated the scale of the blockchain challenge. For issues such as interoperability, the proportion of survey respondents expressing concerns progressively increased as companies proceed towards full deployment, while concerns also rose sharply regarding client refusal to embrace blockchain."
As such, the report's research author Windsor Holden pointed out that, as potentially beneficial as it appears to be, blockchain might not be the most optimal choice for many companies.
"In many cases, systemic change, rather than technological, might be a better and cheaper solution than blockchain, which could potentially cause significant internal and external disruption," he concluded.
Pen and charts image via Shutterstock
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
XRP bulls lose $70 million as Ripple-linked token plunges 7%
Traders are watching $1.74 as near-term support, with $1.79–$1.82 now the key resistance zone.
What to know:
- XRP slid about 6.7 percent to trade near $1.75 as a bitcoin-led crypto selloff triggered heavy long liquidations rather than token-specific news.
- The breakdown below former support at $1.79 came on exceptional volume, flipping the $1.79–$1.82 zone into resistance and signaling institutional participation in the move.
- Traders now view $1.74–$1.75 as key short-term support, with a hold likely leading to consolidation and a break opening downside toward $1.72–$1.70.
Top Stories
