DCG Annual Survey: What is the future of the blockchain seen by more than 60 portfolio companies?

Nearly 23% of portfolio companies believe that asset tokenization will be the next major use of blockchain. More than 60 portfolio companies participated in the Digital Money Group (DCG) survey.

According to DCG's 2019 annual survey, 22.73% of portfolio companies said that the blockchain will be mainly used for asset tokenization, while 30% of respondents believe that the future use of this technology is to pay.

In the above industries, followed by digital identity and ownership, creating a unique source of truth. 4.55% and 7.58% of portfolio companies respectively saw the future of blockchain technology in supply chain tracking, privacy and security technologies.

When asked about their predictions for the largest use case of bitcoin in the next five years, more than 71% of respondents said that bitcoin would become a means of value storage. The remaining survey participants pointed out the possible applications of Bitcoin in daily business, cross-border remittances, bypassing authoritarian regimes and payment networks.

In terms of regulatory issues, 31% of companies surveyed indicated that there was no progress in regulation in 2019, while 53% of respondents believe that the regulatory environment is the “number one public enemy” of blockchain and cryptocurrency compared to other threats.

In late September, a survey released by KPMG, the Big Four accounting firm, showed that 82% of consumers are willing to use open blockchain tokens as part of an existing loyalty program, and 79% of respondents said If the tokens are simple and intuitive to use, they would prefer to use blockchain tokens.

In the same month, a survey by the Dutch International Group Bank showed that 41% of Europeans had high hopes for cryptocurrencies and 23% of Europeans had low expectations for cryptocurrencies. It is worth noting that 32% of respondents believe that cryptocurrency is the future of online consumption.

Image source: pixabay

By Xiran Ding

This article comes from the push bitpush.news, reproduced need to indicate the source.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


The United States has issued a series of new data privacy regulations. Will this new wave affect the blockchain?

Source: Hackernoon Translation: First.VIP_Saline Editor's Note: Will the new wave of data privacy regulations af...


Blockchain startup Upvest secures $ 7.8 million in Series A funding, targeting "10 trillion euros" alternative investment asset class

Upvest is a German startup that helps companies tokenize financial assets on the blockchain. The company officially a...


Opinion: Blockchain development requires industry self-regulation and market supervision, applying technology to the real world and creating value

Overview Overview Since October 18, 2019, after the 18th collective study of the Political Bureau of the Central Comm...


Legal Research | Project Party White Paper Misrepresentation, How Investors Maintain Equity

Author: Chain Law Lawyers Source: Chain Method The white paper for the blockchain industry is the blueprint for the p...


Babbitt original | Blockchain will detonate interdisciplinary research, Bitcoin is only the first "nuclear bomb"

The war is notorious for its unintended consequences, but it has also accelerated organizational, scientific, technic...


Getting started with blockchain | How much does it cost for Nakamoto to dig bitcoin for the first time?

Mining is the most basic, most difficult to understand, but also the most interesting thing in Bitcoin. Some small pa...