[2016-05-26] FP: Blockchain - Most significant tech innovation since internet?

Will Blockchain be the most significant tech innovation since the Internet?

http://tech.firstpost.com/biztech/will-blockchain-be-most-significant-tech-innovation-since-the-internet-317145.html

Nearly two-thirds (60 percent) of global financial services retailers who have some understanding of blockchain believe it will prove to be the most significant technological development since the internet, according to research undertaken by Marketforce. The study was conducted on behalf of business applications provider Pegasystems Inc. and Cognizant, a provider of information technology, consulting, and business process outsourcing services.

The study surveyed 500 financial services and insurance industry executives across 56 countries to examine the challenges and opportunities they face in a time of rapid technological change. It highlighted the fact that although the overwhelming majority of those who had an understanding of blockchain see it as a potential game-changer across the global financial services landscape, there are still a significant number of organizations who risk being left behind as a result of their own lack of knowledge or understanding. Indeed, more than one-third (35 percent) of all global respondents admitted they have never heard of blockchain while of those who had, nearly a quarter (23 percent) said they had no understanding of the technology.

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