Blockchain ‘could be most transformative tech since internet’, GBBC research

26% of institutional investors believe major listed companies will have to start proactively reporting on their plans and ambitions around blockchain, according to research from Global Blockchain Business Council (GBBC). A further 38% anticipate this will happen between three and five years from now.

GBBC, which interviewed 71 institutional investors from around the world, believes some companies will soon start to have heads of blockchain sitting on their Boards. One in twenty institutional investors anticipate this will start to happen within the next two years, a further 26% say between three and five years time, and another one in five  between five and ten years from now.

40%, meanwhile, feel that blockchain could be the most transformative technology since the internet. Sandra Ro, CEO of the GBBC, says: “There is little doubt about the potential impact blockchain can have on most sectors, and key areas of everyday life. Increasingly, the winning organisations of the future will be those that have a clear and comprehensive strategy for blockchain and those that are committed to implementing and using it to transform their organisations.”

“It is perhaps not surprising that investors will soon want to know what companies are doing in this area, and that they have confidence in the executives chosen to implement the programmes.”