While blockchain is becoming more well known in the c-suite, many businesses are still not adopting the technology, according to a KPMG survey that was cited by TNW.
KPMG surveyed 450 respondents on the use of blockchain. Of the respondents, 60 percent said they would be willing to bring blockchain into their organizations to automate tasks.
Sixty-seven percent said they were not using blockchain, and 27 percent were unsure if they would adopt blockchain within their organizations.
Reasons for not using blockchain were varying. Around 33 percent said it was due to lack of resources. Twenty-two percent said it was because of a lack of funding. Another 22 percent said it was due to a lack of technological capabilities, according to the report.
This survey differed from a report published by PwC in August that found 84 percent of respondents were "actively involved" with blockchain technology.
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