[2017-02-10] ET: 89% executives believe blockchain will be used daily in fin ser

89 per cent executives believe blockchain will be used daily in financial services industry by 2026: Synechron

http://economictimes.indiatimes.com/tech/ites/89-per-cent-executives-believe-blockchain-will-be-used-daily-in-financial-services-industry-by-2026-synechron/articleshow/57079382.cms

A recent survey of over 200 senior global financial service and IT decision makers shows that 89% believe that blockchain will be in everyday use in the financial services industry by 2026. A further 94% believe that boards have bought into blockchain projects with 87% saying that they have enough budgetary allocations to implement these projects.

While the degree of action on blockchain initiatives vary, the majority of the financial services organisations believe in the long term potential of blockchain and are merely calculating how to take action factoring in business unit, use case and resources to achieve maximum business value. One of the biggest challenges though for companies implementing blockchain though is a lack of human resources, with 70% of the executives saying that they thought their organisations lacked the talent required.

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