Survey: 30% Of Financial Executives To Commit Resources To Blockchain

The Financial Executives Research Foundation (FERF) has released a report prepared in partnership with Deloitte on how blockchain technology is being employed in financial applications. The report entitled Blockchain for Financial Leaders: Opportunity vs. Reality analyzes how blockchain could affect financial reporting, staffing, and other areas essential to executives. Researchers surveyed a group of financial executives, 30 percent of whom said they “plan to commit resources to blockchain within the next year and a half, though they don’t know yet what potential the technology holds.” 64 percent of the respondents also said that a significant change in the Bitcoin price or any negative news associated with the leading cryptocurrency would not discourage them from exploring blockchain in the finance field.

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