Hong Kong – September 27, 2019 – A new study conducted by QRC Group shows the blockchain industry has rebounded considerably from 2018 with very high investor and industry confidence (in part due to Facebook’s launch of Libra.) North America, South America, and Europe exhibit the highest confidence levels.
The research survey was titled “Global STO, Regtech Blockchain Industry Survey & Sentiment Analysis” and looked into the impressions of the current STO and blockchain industry held by industry professionals.
Fewer institutional investors are currently in the market. Investors’ stance in the market has shifted from “extreme caution” to a more neutral/normal stance concomitant with the blockchain/crypto recovery. The more aggressive investors are found in Singapore, North America, and South America. While there are more investors in Hong Kong per capita than other regions, they tend to be more conservative or extremely cautious.
CEOs looking for advisory firms to assist with STOs tend to look for technical expertise, experience, and connections to capital and investor networks. Each region has a different priority for these traits sought.
“We are very proud and excited to reveal our research results to the rest of the world,” said Shogo Ishida, CEO of QRC Group. “The STO and blockchain industry is currently in the midst of a great surge and professionals are beginning to trust the technology. Our report reflects this truth and we believe that many companies will begin to seek help and advisory to adopt the technology as a part of their business.”
Conducted in June 2019, the survey took a sample of 1871 respondents located primarily in North America (28%), Europe (and Russia) (18%), The Middle East (9%), Asia (23%), South America (3%), Africa (17%). This sampling and response provided 99% confidence +/- 2.98% error.
The survey comprised of CEOs (CXOs, Founders, Owners, Principals, Partners: (30%), senior management (VP, Director, SVP, EVP) (17%), mid-level management (14%), specialists / associates (9%), marketing and sales (5%), and investors (exclusively) (4%).
Visit our website to see the full research report. http://bit.ly/2nIjnDo
About QRC Group
QRC is a RegTech and GovTech consultancy based in Hong Kong for the blockchain industry providing advisory services for STOs and IEOs and RegTech solutions globally. QRC is a recognized thought leader in RegTech, dedicating resources to supporting innovative RegTech technology, working on international standards for security tokens and partnering with academia including the University of Malaya and Taiwan Tech on RegTech and the re-structuring of capital markets using blockchain. QRC has an extensive global network including local lawyers, corporate finance agencies and broker distribution channels in the region.
Media contact: Al Leong