Report finds that 81% of asset managers think blockchain will disrupt their jobs
The majority of asset managers expect
blockchain to be widely adopted in the next five years but only
7% have initiatives underway to support it, according to new
research from State Street.
"A majority of institutional investors are
well aware that blockchain, an 'emerging
technology,’ could become an everyday application
in the near future," said Antoine Shagoury, global chief
information officer at custody bank State Street.
"What’s clear from our research is a lack of
readiness and uncertainty for how to best plan for this
disruption, and a need for more education."
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