Not at all
Non-currency applications of blockchain
Implementing cryptocurrency-based products
Accepting Bitcoin or other coins and tokens as payments
Implementing our own cryptocurrency
Most respondents on our survey say their organizations are not using or implementing blockchain technology, and the most common use reported is outside of currency. Developers in India are the most likely to say their organizations are using blockchain technology.
Useful across many domains and could change many aspects of our lives
Useful for immutable record keeping outside of currency
A passing fad
An irresponsible use of resources
Useful for decentralized currency (i.e., Bitcoin)
When asked what they primarily believe about blockchain technology, respondents on our survey are largely optimistic about its broad usefulness. This optimism is largely concentrated among young, less experienced developers, however. The more experienced a respondent is, the more likely they are to say blockchain technology is an irresponsible use of resources.