3 in 5 digital companies invest in blockchain, research shows

Sixty-one per cent of digital companies worldwide are investing in blockchain technology, according to a survey by identity management firm Okta.

Okta based its “Digital Enterprise Report” on surveying decision-makers from firms with at least $1 billion in revenue—in total, interviewing 1,050 IT, security and engineering decision-makers. 

One issue the report looked at was investments in emerging technologies. It found most companies invest in the Internet of Things—72 per cent, closely followed by artificial intelligence—68 per cent, blockchain 61 per cent, and augmented reality—58 per cent. 

"Bundled together, 90% of the respondents whose organizations are working on a formal digital transformation are also investing in at least one or more of these forward-looking technologies," the report reads.