Blockchain Will Transform Banking Fundamentally: Euromoney Survey

Over half the respondents to a Euromoney survey think the blockchain will transform banking fundamentally. Two-thirds of all respondents to the Euromoney survey believe that most business will be done on permissioned blockchain networks created, controlled and verified by industry incumbents. Importance of blockchain to the future of banking and finance Euromoney conducted a survey on the blockchain in 2015 with respondents spread across 151 institutions comprised of banks and their issuing and investing clients, tech companies, law firms, and regulators. Nearly 55% of all respondents think blockchain technology will transform banking fundamentally, while another third think it will be an important…