Researchers from Realsec published a report revealing that 11% of companies in Spain are using blockchain technology to improve and optimize their processes and functions.
Blockchain technology, which was born with Bitcoin At the beginning of 2009, it is gaining in inclusion in the technological core of Spanish companies. According to the report published by the company that designs high-security encryption systems, Realsec, this disruptive technology is being implemented with force in companies in Spain. The data from the research reveals that 11% of companies with more than 50 employees in the country are already implementing blockchain technology to improve and optimize their processes.
The report titled “II Edition of the Blockchain Report” He explains that 2020 was a key year for the blockchain boom, as more and more companies, businesses and organizations are becoming aware of the advantages and benefits that this technology offers for securing and creating trustworthy environments.
Statistics show that 1 in 4 companies with more than 50 employees are relying on blockchain, as an increasingly emerging disruptive technology, to boost their business models and grow in competitive advantages. Realsec explains that blockchain is becoming a true digital necessity in 2021, and that in the future it will be a completely indispensable technology for development and innovation.
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Innovation in Spain
Realsec's research results show that 46% of the interviewed companies with more than 50 employees are considering the disruptive potential that blockchain offers in the future. These companies could integrate blockchain to improve the efficiency and security of their operations, in addition to the agility and simplicity of carrying out processes, and transparency.
In mid-2020, the Spanish association AMETIC, the Multisectoral Association of Information Technology, Communications and Electronics Companies, explained that the innovative uses and applications enabled by blockchain promise to boost the development of Spanish companies by 2023, so its level of adoption in these years will grow exponentially.
Blockchain provides an advantage for the creation of secure, fast, transparent and reliable environments. Until recently, this technology was being adopted by companies in the technology and banking sectors, which use the characteristics of the blockchain to optimize their asset and crypto asset management processes, as well as for the security of transactions and payments, in addition to commercial operations such as loans, and much more.
Security guarantee
Although the design of blockchain technology is in itself quite robust and reliable, and Bitcoin is an example of this, the executive director of Realsec, Jesus Rodriguez, noted that it is necessary to adapt it to meet the needs of organizations, and to guarantee its security and robustness in the face of new paradigms that are developing in computing and information technology, such as quantum computing.
For many, the arrival of this type of computing will mean a risk even for Bitcoin, although as reported by Bit2Me, as this technology becomes a reality, the network's developers will come up with new improvements and updates that protect the blockchain from possible security breaches or hacks.
Blockchain and the Internet of Things
Another of the important points addressed in the Realsec report emphasizes the alliance that has been formed between Blockchain technology and the Internet of Things (IoT). Blockchain is having an increasing impact within IoT, as a driving force behind this technology, which connects billions of objects around the world.
Blockchain can empower the Internet of Things, making automation systems or storage and distribution systems for raw materials or finished products much more optimal, reliable and efficient. Also, the application of blockchain technology has a place within the IoT of the home. By 2025, the marketing agency Priceonomics Data Studio estimates that there will be more than 50 billion devices connected to IoT, producing about 80 zettabytes of IoT data, equivalent to about 8 trillion gigabytes of data.
The management and interconnection of this data can be a much more agile and secure process through blockchain.
Analysts predict that the growth and adoption of blockchain within the financial, industrial, services, food, educational, energy, real estate and even government sectors will be extraordinary, and will boost this industry to a capitalization of 4.000 billion euros by 2024.
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