Deutsche Bank Survey Sees Blockchain Adoption in Six Years

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A newly published Deutsche Bank report called “Powering the flow of global capital” goes into great detail about the blockchain phenomenon. Researchers from the bank surveyed a variety of participants who believe blockchain technology is estimated to hit critical mass within six years.

Also read: Webjet Microsoft Introduce Travel Industry Blockchain

Deutsche Bank Survey Shows High Hopes for Blockchain Industry

survey-robotDeutsche Bank executives explained digital ledger technologies show promise and could replace traditional record-keeping, post-trade settlement, and shared assets. The report surveyed 200 participants, with 87% of the crowd believing blockchain is set to transform the securities industry.

“Blockchain may completely change the settlement model for securities processing, creating a utility around securities processing and cash management,” said a representative.

Another positive sentiment was that 75% of participants surveyed believed blockchain would be “widely used” within the next six years. The

Read more ... source: TheBitcoinNews

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