Spain is one of Europe’s most crypto-friendly nations. Its DLT adoption is rapidly increasing.
Individuals and large companies alike use cryptocurrency and distributed ledger technology (DLT). As a result, this technology is in high demand, and it provides many advantages to businesses and their customers.
IDC analysts’ findings:
- DLT is used by about 46% of large Spanish companies to improve security.
- In some way, blockchain is used by 11% of businesses. When compared to 1.5 years earlier, this percentage increased by 1%.
- In addition to security, blockchain is in high demand in the logistics industry. Just 17% of transportation companies use this technology.
DLT lowers threats and lowers prices. As a result, the number of businesses using crypto and distributed ledger technology (DLT) is increasing every day.
One corporation has an advantage over others due to new business models and digital technologies. This is a rivalry problem, and the blockchain has proven to be a helpful ally in this regard!