Members of NeuGroup for Digital Assets are blazing a path for corporates, creating real-world use cases of blockchain technology and the products it supports, e.g., cryptocurrencies and the minting and self-custody of digital assets.
Key Findings. The accompanying white paper highlights our findings from the June 2023 Digital Assets Current and Future Use Cases Survey. Here are the three main takeaways:
Testing Blockchain Waters. The survey revealed that nearly half of respondents have executed a blockchain project and the most common reason is to enable payment in or holding of digital currencies.
Adopting Digital Currencies. 37% of respondents are holding or paying in digital currencies. Of those, half use it for daily operations of segmented lines of business.
NFT Universe. While corporate issuance of one-off nonfungible tokens (NFTs) has slowed down of late, the trend is offset by a deepening of the market, as current issuers have been releasing NFTs on a more consistent basis. A third of survey respondents reported that they have already issued NFTs.