IBM: Banks Expect Commercial Blockchains By 2017
Banks and financial firms are planning to release commercial-grade blockchain services within the next two years, two surveys published today by IBM show. In total, 200 banks and financial markets operators, respectively, were surveyed about the current status of their work with the technology, and 15% of banks interviewed indicated that they see commercial-scale services coming online sometime before the end of 2017. Of the financial markets operators asked the same question, 14% suggested that they would have their own services online by that date. "In effect, 2017 looks to be the....
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Over 16 percent of healthcare companies are ready to implement Blockchain in 2017 for commercial purposes. In a study titled “Healthcare rallies for Blockchains,” conducted by the IBM Institute for Business Value, 16 percent of the executives told IBM that experimental phases have come to an end and that their companies are ready to adopt, implement and commercialize Blockchain. In the survey conducted internationally, 200 major healthcare company executives revealed their thoughts on Blockchain technology and potential implementation strategies in the upcoming years. Researchers at IBM....
According to an IBM survey that gathered insights from 200 global banks, 15% of those banks could be running blockchain solutions as early as 2017. While 2016 is the year that has – already – seen blockchain prototypes tested and trialed, 2017 will be the year banks start putting blockchain solutions into implementation, according to a new IBM study. “Hurtling” Toward Blockchain. Released today, the study, “Leading the Pack in Blockchain Banking: Trailblazers Set the Pace”, conducted by IBM Institute for Business Value, summed up the interest in blockchain among the 200 banks it surveyed,....
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The top banking regulator in the U.S. has announced that national banks and savings associations in the country can use public blockchains and stablecoins for payment activities. Experts say this is good for bitcoin and its importance should not be understated. Banks Can Use Public Blockchains and Stablecoins The Office of the Comptroller of the Currency (OCC) published an interpretive letter on Monday “clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and use stablecoins to conduct....