Blockchain set to take centre-stage

Nearly seven in 10 people familiar with blockchain technology believe that it will affect every sector of the economy (68%), that it should be implemented as widely as possible (67%), and that it will have an impact equivalent to the advent of the internet (67%), according to the 2019 CIGI-Ipsos Global Survey on Internet Security and Trust.

Shipping companies are already riding the wave according to IBM, with a growing number of global shipping companies joining TradeLens, a blockchain-enabled digital shipping platform, jointly developed by A.P. Moller - Maersk and IBM.

“This year’s survey of global attitudes not only underscores the fragility of the internet, but also netizens’ growing discomfort with social media and the power these corporations wield over their daily lives,” said Fen Osler Hampson, director of CIGI’s Global Security & Politics programme.

One of the other interesting points to come out of the survey is that South Africans are among those most likely to use or purchase cryptocurrencies within the next year.

Respondents from Latin America and the BRICS countries (Brazil, Russia, India, China, South Africa) were four times more likely to us a cryptocurrency than those from North America, Europe and the G-8.

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