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Survey: 1 in 4 Senior Executives in Uruguay Have Used Cryptocurrencies

A survey made in Uruguay throughout completely different enterprise sectors revealed that 24% of the 49 senior executives (1 in 4) from firms in the nation claimed to have used cryptocurrencies at any level in their lives.

Senior Executives in Uruguay Reveal Their Degree of Information on Cryptocurrencies

In accordance with the consulting agency Worth Waterhouse Cooper, the survey was carried out to measure the data on crypto belongings amongst senior executives from the sectors of banking and finance, know-how, public providers, industrial merchandise, and public administration in Uruguay.

The outcomes revealed that 76% of the surveyed executives claimed to haven’t crypto belongings these days.

Among the many knowledge gathered by the agency embody that 42% of individuals interviewed obtained cryptocurrencies by buying them from different folks, 33% of them from exchanged, and 25% received them because of crypto mining.

Nonetheless a Widespread Lack of Blockchain Information in the Nation

Worth Waterhouse Cooper detailed in its research what are the primary dangers that surveyed executives identified when requested about their reluctance to make use of cryptocurrencies:

43% of executives who didn’t have cryptocurrencies affirm that the primary barrier responds to the dangers linked to this asset class. The primary dangers are volatility, cybersecurity, and operational danger in dealing with non-public keys. The second motive (24%) is the lack of expertise of purchase them, regardless of having an curiosity in doing so, adopted by the absence of regulation and inadequate curiosity, each with 16%.

On stablecoins, the survey unveiled that 1 in 2 (73%) executives will use them as trade cash when making a purchase order, as they see such belongings as a safer strategy to deal with crypto belongings in the midst of a risky atmosphere that cryptocurrencies present.

Different of the survey findings revealed that 69% of the members forecast that in 5 years, they’ll be capable to use digital belongings backed by the governments. Nonetheless, 70% of the executives imagine they want extra data to get aware of blockchain to adapt their firms’ processes to the rising know-how traits.

What are your ideas on the survey’s findings? Tell us in the feedback part beneath.

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