{"id":286793,"date":"2021-04-10T07:54:18","date_gmt":"2021-04-10T11:54:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=286793"},"modified":"2021-04-10T07:54:18","modified_gmt":"2021-04-10T11:54:18","slug":"study-shows-11-of-all-spains-businesses-leverages-blockchain","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/study-shows-11-of-all-spains-businesses-leverages-blockchain","title":{"rendered":"Study Shows 11% Of All Spain\u2019s Businesses Leverages Blockchain"},"content":{"rendered":"
Spain is seeing a surge when it comes to the widespread usage of decentralized technologies, but this isn\u2019t in reference to cryptocurrencies<\/a> in particular. Businesses across the nation are making use of blockchain technology in general, with everything from corporations, municipalities, industries, and public universities all tapping into this fundamental technology in some way. Of course, this allows for the crypto ecosystem within it to only diversify further.<\/p>\n IDC Spain stands as a business consulting firm and has recently revealed through a report that around 46% of all large Spain-based companies are in favour of adding the usage of blockchain and cryptographic technologies to increase the overall security within their respective platforms.<\/p>\n The report itself boasts the title of \u201cState of the Art Blockchain and Cryptographic Technologies in Spain<\/a>\u201d and IDC had published the piece with the partnership of REALSEC, a technology company. The report evaluates the evolution of blockchain technologies within the companies of Spain, showing that the figures have only improved since the first edition of this report was released.<\/p>\n The report highlighted that a total of 1 in every 4 companies within Spain have had exposure to blockchain technologies in some way, shape, or form. Another important metric is the amount of the nation\u2019s business sector actively taking part and using blockchain technology, which stands at 11%. This is 1% more than was recorded around 18 months ago.<\/p>\n The report went further, noting that a total of 17% of all logistics companies within the nation are expected to have some sort of relationship with a blockchain company, or otherwise provide their own IoT service.<\/p>\n Jes\u00fas Rodr\u00edguez stands as the CEO of Realsec and gave a statement<\/a> about the matter at large through an interview the company published on its official website. In this interview, Rodr\u00edguez stated that a lot of work needs to be done to increase the efficiency of the Spanish industry\u2019s blockchain solutions, even if it is increasing in overall adoption. Furthermore, Rodr\u00edguez noted that space still needs to prove itself capable of competing against other more traditional and centralized solutions out there.<\/p>\n Now, something to keep in mind is that Spain as a whole is very much for blockchain technology in general, just not cryptocurrencies. The country has taken a hard stance to tax crypto trading, making use of AI solutions to help achieve this, but it\u2019s also promoting a regulatory sandbox to promote blockchain technology, as well. While many see it as one and the same, and it\u2019s used as such, blockchain and cryptocurrencies are two technologies that just happen to work incredibly well in tandem.<\/p>\n","protected":false},"excerpt":{"rendered":"Spain Very Much For Blockchain Technology<\/h2>\n
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Massive Amounts Of Active Blockchain Usage<\/h2>\n
A New Age For Spain\u2019s Blockchain<\/h2>\n