47% of those surveyed say that firms are exploring Blockchain tech – Bitcoints

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Published on July 23rd, 2015 | by bitcoin

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47% of those surveyed say that firms are exploring Blockchain tech

blockchainA survey conducted by market intelligence provider Greenwich Associates shows that a number of financial institutions are actively reviewing solutions using distributed ledgers.

The survey, entitled Bitcoin, the Blockchain and Their Impact on Institutional Capital Markets, included feedback from 102 individuals with focuses on areas like exchange, consulting, financial tech and buy-side and sell-side investments.

The data suggests that bitcoin and the Blockchain are on the radar of many in financial circles.
Ninety-one percent of respondents said they were aware of bitcoin, with 70% stating their familiarity with distributed ledger tech more broadly.

The Blockchain, the technology that allows bitcoin to exist and be transferred safely without an intermediary, presents a much bigger opportunity for financial services firms.

You can request the report here:

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