90 Percent Of Top Execs Expect Blockchain To Transform Markets In Five Years
Most financial firms expect to see the transformative impact of Blockchain technology and its adoption in the next three to five years, according to a study conducted by the Bain and TABB Group. It says that more than 89 percent of financial markets executives interviewed expect distributed ledgers to be adopted by financial institutions by 2020 and its impact on clearing and settlement would be “transformative.” One of the marked changes that would be expected of the technology is its ability to ensure an estimated $15-30 bln total cost and capital savings to global financial market....
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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....
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections. The state of the cryptocurrency industry is growing according to Digital Currency Group’s (DCG) latest report. The study surveyed over 150 DCG portfolio companies’ executives in order to “quantify sentiment and provide qualitative....
Many of the government leaders queried by IBM in a recent survey say they want to put blockchain to work in the public sector. Out of 200 government executives from 16 different countries worldwide polled, 14% say they expect to utilize production-grade blockchains sometime this year. Forty-eight percent anticipate launches of their own between now and 2020. The remaining 38% indicated that they would take a wait-and-see approach, putting off their own use of the tech until past 2020. Among the use cases cited in the report, asset management and identity management were cited as the most....
Greg Medcraft, Chairman, Australian Securities and Investments Commission (ASIC) in a speech at Carnegie Mellon University underlined the importance of blockchain and how they can transform the capital market. In the speech, he cited four main points that he said, proved that blockchain has the capacity to help transform the capital market. Continuing in the same vein, the Chairman said that blockchain stands for efficiency and speed and has in it the potential to automate the financial system which will cut down the time duration that is needed for transactions. Secondly, he mentioned....
Are you investing in India or are you an Indian investor? The Indian stock markets are the jewel in the crown of emerging market nations known as BRICS. Mainstream investors often harp on about what great potential resides in India’s burgeoning young population who want more of everything and will consume anything. We are also often told by market gurus that the Indian growth story is still intact. Another term that is furiously thrown about is that the turnaround is just around the corner. So what about the Indian markets? Is investing in Indian stocks, mutual funds etc. worth your while?....