Three quarters of firms are looking at Blockchain, a fifth have launched pilots
Over three quarters of financial firms are
experimenting with blockchain but widespread adoption could be
six years away, according to new research from Swiss
Some 76% of respondents to the SIX
Securities Services survey said they are experimenting with
blockchain or distributed ledger technology but only one in
five are piloting a specific service, highlighting the various
approaches financial firms are taking to the emerging
"A lot of the conversations we are seeing
around blockchain are on the technical level, looking at what
is feasible with blockchain rather than what is desirable from
a business standpoint. Blockchain has the potential to make a
number of business models and intermediaries obsolete, which
isn’t necessarily a bad thing," said Thomas Zeeb,
chief executive officer of SIX Securities Services.
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