Blockchain is reshaping industries and financial services tops the list.
Endless data and algorithms synthesised by relentless processing power are poised to revolutionise the sector. Trust – across the board – is the missing piece. The economic fragility felt around the world as a result of the global pandemic has been compounded by an unprecedented surge in cyberattacks. International headlines highlighting a slew of bank scandals have only widened the trust gap. Our research suggests the inherent benefits blockchain brings could help mend the gap.
With 70% using the technology currently, bankers see major benefits when it comes to blockchain.