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Are Big Banks, Financial Firms Ahead of Fintech Startups?

FinTech

Banks and financial firms worldwide are adopting blockchain technology “dramatically faster than initially expected,” according to two IBM studies, which each polled 200 institutions.

Though 15% of global banks and 14% of financial-market institutions plan to implement full-scale, commercial blockchain solutions in 2017, “Mass adoption isn’t that far behind, with roughly 65% of banks expecting to have blockchain solutions in production in the next three years,” the company said in a statement Wednesday.

For more on this story visit the following link: Are Big Banks, Financial Firms Ahead of Fintech Startups?

Source: ThinkAdvisor

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