IBM has released a load of survey findings about banks, financial institutions and their enthusiasm for blockchain technology, with a headline figure of 65% that expect to be “in production” within three years. This is dramatically faster that initially expected, according to IBM.
Some 15% of banks and 14% of financial market institutions interviewed intend to implement full-scale, commercial blockchain solutions in 2017. Mass adoption isn’t that far behind with roughly 65% of banks expecting to have blockchain solutions in production in the next three years.
The new IBM study, Leading the Pack in Blockchain: Banking Trailblazers Set the Pace is based on a survey of 200 global banks. A separate study, Blockchain Rewires Financial Markets: Trailblazers Take the Lead, is based on a survey of 200 global financial markets institutions.
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