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Brits Are Baffled By Blockchain And Wouldn’t Trust An Organisation Using It


Researchreleased yesterday from IP EXPO Europe has revealed that blockchain is baffling Brits as businesses forge ahead with adopting the technology.

According toreports, the research, athird of Brits wouldn’t trust an organisation using blockchain because they don’t know what it is,11% believed they knew what blockchain was but wouldn’t trust an organisation using this technology, and 53% had never even heard of blockchain before.

Travis Biehn, Technical Strategist atSynopsys:

“Enterprise blockchain adoption has reached a fever pitch internationally in 2018. However, the security community has been late to the game in terms of securing these platforms against attack. While the open source community has been enamoured with the success of Ethereum, the enterprise community has been quietly building the next generation of distributed trust-less applications on permissioned blockchain technologies.

Public blockchains allow everyone to participate in the network (with varying...(continued)

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