Germany is only average for Blockchain usage!

The basic tenor could be summarized as follows: In the banking industry and other industries, it seems to finally recognize the potential with the Blockchain on the one hand and the digital currency such as Bitcoinor Ethereum on the other side. In the implementation, however, the German economy has largely failed so far. At any rate, a new study by the Federal Association for Information Technology, Telecommunications and New Media e. V. (Bitkom) suspect. Because the evaluation of the industry association shows Germany at least so far rather mediocre exploiters of the possibilities of the crypto currencies and in particular the blockchain technology appear. That contradicts the use in many parts of the knowledge of the usefulness of the technologies, could raise concerns. Not the first time, because earlier blockchain failures were recognizable.

the basic tenor could be summarized as follows: In the banking industry and other industries, it seems to finally recognize the potential with the Blockchain on the one hand and the digital currency such as Bitcoin or Ethereum on the other side. In the implementation, however, the German economy has largely failed so far. At any rate, a new study by the Federal Association for Information Technology, Telecommunications and New Media e. V. (Bitkom) suspect. Because the evaluation of the industry association shows Germany at least so far rather mediocre exploiters of the possibilities of the crypto currencies and in particular the blockchain technology appear. That contradicts the use in many parts of the knowledge of the usefulness of the technologies, could raise concerns. Not the first time, because earlier blockchain failures were recognizable.

The danger of losing the connection is great, says Berg. The benefits of Blockchain databases are obvious, according to the association’s president. Transparency in transactions sees the association as a major asset. In turn, a new study by the association shows that with 87 percent of the interviewed company managers in turn, the block chain for advantageous in various business areas classify. This does not only apply to the logistics sector and the financial sector. The fact that the German government itself is working on a blockchain strategy can be seen with sympathy at the association. More importantly, Germany is willing to take the lead in developing blockchain-based approaches. Incidentally, Bitcoin does not have to play the main role.Litecoin and other systems like Ripple are no less promising.

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