Survey: Blockchain Is Reaching Beyond Financial Services
A new survey by Deloitte has found that blockchain technology is becoming an emerging key business focus for U.S. companies in many industries with several sectors focusing on big investments in 2017. According to the survey, while it found that two in five (39 percent) of surveyed senior executives still have little or no knowledge regarding the technology, it found that the remaining 61 percent claimed to have knowledge on the subject ranging from ‘broad’ to ‘expert.’ Of those knowledgeable of blockchain, over one-third view it as a top-five priority for 2017. The survey, which was....
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The global business consulting and technology services provider Synechron conducted a survey in cooperation with capital markets research firm TABB Group on the topic of blockchain technology in financial services. Over 200 senior-level financial services and technology decision makers across the U.S., U.K. and Europe were interviewed for this survey. The outcome of the survey suggests that the vast majority of financial institutions believe in the potential of blockchain technology and that it will be in everyday use in the financial industry within the next 10 years. Of the surveyed....
Synechron, a global consulting and technology innovator in the financial services industry, has released the results of a survey conducted by the TABB Group for Synechron on the potential of blockchain and artificial intelligence (AI) in financial services, with respondents believing that they will have a major impact over the next 10 years. After conducting the survey with 92 banking and capital markets institutions, the findings found that there is still a perception among decision-makers that working with blockchain and artificial intelligence is in some way circumventing or changing....
A recent survey by Greenwich Associates reports financial and technology markets will invest $1 billion in blockchain technology this year. The interviewees cited the vested interest the financial industry has in legacy systems as the main obstacle to blockchain investment. The survey indicates trends from the past two years are continuing in 2016. Venture capital backed investment in bitcoin and blockchain companies jumped from $3 million in 2011 to $474 million in 2015, CCN reported in March. The number of deals rose from two in 2011 to 75 in 2014 and 74 in 2015. Estimate Based On....
A recent survey from Deloitte that collated data from 1,280 senior finance executives in 10 locations across the world produced interesting results regarding the blockchain industry. This survey is Deloitte’s fourth annual Global Blockchain Survey, which focuses on the financial services industry (FSI). Findings from the survey show that there is a need for the industry to turn towards product modernization and distribution in order to see economic growth. When polled, 76% of the 1,280 respondents said they believed that the end of physical money is near. And that digital assets were set....
The majority of financial service executives believe blockchain technology will be hugely important to their industry over the next 10 years, according to a survey sponsored by Synechron, a global and technology consultancy based in New York, N.Y. The TABB Group conducted the survey on behalf of Synechron, and it included 92 banking and capital markets institutions. The survey queried executives directly involved with technology decisions about the potential of blockchain technology and artificial intelligence. More than 55% of respondents said that over the next 10 years, blockchain will....