Ernst & Young is an esteemed name of the industry and their survey report reveals the current state of blockchain in Asia. The recent survey report reveals that Asian companies are still hesitant to adopt blockchain. Although the nations across the Americas and Europe may be well-versed with cryptocurrencies and blockchain, the same cannot be said about Asia-Pacific companies. In the recent survey conducted by Ernst & Young, it was revealed that more than sixty-five percent (65%) of Asia-Pacific companies are still confused about the applications of blockchain and therefore hesitant to incorporate the network in their administrative systems. Over
