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Survey Finds 55% of Financial Services Firms Engaging in Blockchain Tech R&D

The global financial sector’s migration to the blockchain appears to be a tidal wave. The International Securities Association for Institutional Trade Communication (ISITC) revealed Tuesday results of its annual member survey of global financial industry plans for 2016.

The industry group’s research found that 62% of firms see investment in technology as a top area of focus in 2016-2017, citing increased interest in blockchain and cybersecurity technology. Specifically, 55% of firms are monitoring, researching or already developing solutions for blockchain technology.

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Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at internet.com, Internet World magazine, and Mecklermedia Corporation.
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