How does a leading US biotech company become coronavirus 'superspreader' Blockchain has increasingly been receiving much attention from corporates around the world with a greater realization of the benefits that they can leverage around it. No more is the term restricted to the developer community but finding widespread acceptance among the industry. Global spending on blockchain solutions has a forecasted CAGR of 76%, reaching USD 12.4bn by 2022. Blockchain in Transport Alliance (BiTA) lays down a suggestive timeline for blockchain as below : There is a long way to go for blockchain initiatives. According to a recent Accenture survey, currently, 64% of blockchain initiatives are funded by IT/research and innovation budgets, indicating greater thrust on technology than on organizational fitment. Only 38% of the respondent firms had a clear business case before investing. Innovation, rather than business case, remains the primary driving force behind blockchain implementations, threatening their organisational acceptance.